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Alibaba tightens grip on Chinese healthcare via Wandong investment

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08-Jun-15 Alibaba Group’s Jack Ma is reported to have tightened his grip on China’s healthcare sector. Mr Ma is said to have capitalized nearly USD142 million in China Resources Wandong Medical Equipment, which manufactures x-ray and MRI equipment for the domestic market as well as 70 export destinations. [image: Business Finance News]

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Thailand's Thonburi Hospital Group to buy six hospitals

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04-May-15 Thonburi Hospital Group (THG), Thailand's third-largest private hospital group, plans to invest up to THB10 bn (USD297 mn) this year acquiring six hospitals, says Dr Boon Banasin, the owner of the group. He said THG, which has a network of 22 hospitals in Thailand and abroad with 3,000 beds, aims to buy hospitals in Thailand and in China. [image: Octafinance]

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China’s rising cancer rates a boon for foreign hospitals

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03-Jun-15 China adds 3.07 million cancer cases per year, and the disease has spawned many new businesses. This year the coal city Datong will get a private cancer hospital built by US listed Concord Medical. The company has for years supplied imaging and radiotherapy equipment to public hospitals, and is now planning to open up to 10 a year. [image: Bloomberg]

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KPJ Healthcare to tap into senior living care business in Malaysia

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28-May-15 Malaysia's KPJ Healthcare is eyeing potential growth in the senior living care business and looking into the right model to serve demand in the local market. Managing Director Datuk Amiruddin Abdul Satar said the company is assessing the potential market. He said the contribution from the segment is small, but the right concept would make the market more receptive. [image: Kinibiz]

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