10-Apr-17 Dalian Wanda Group will invest CNY70 bn (USD10 bn) in a health park in China's southwest, as some of the country's biggest companies look to tap demand for private healthcare. Wanda said it had signed an agreement with the Chengdu city government to create a 'park' with two international general hospitals, eight small specialized hospitals and 30 healthcare-related firms. [image: ET Healthword]

09-Apr-17 Gleneagles Global Hospitals, a Parkway Pantai Enterprise, has opened its newest facility in India, Richmond Road, spread over 15,000 sq ft, housing 10 core specialties with state-of-the-art equipment and diagnostics, offering multi-disciplinary care. Dr K Ravindranath, Chairman & Founder, said, “Our new hospital at Richmond Road is a significant addition to our ongoing efforts in medical excellence.” [image: ET Healthworld]

05-Apr-17 Singapore based Zuellig Pharma has launched Zuellig Health Solutions innovation centre, in Singapore and plans to invest over USD35 mn in the next five years. On why it chose Singapore for its new venture, CEO John Davison said: "We see many of our clients in the pharmaceutical and consumer health sector (such as) GlaxoSmithKline and AstraZeneca here in Singapore." [image: Zuellig Pharma]

04-Apr-17 Australian online medical appointment booking website HealthEngine secured USD27 mn in investment to fund its local and global expansion ambitions. The Perth-based start-up was founded in 2006 and is already used by more than 1 mn people in Australia every month who can book appointments with more than 15,000 doctors and other healthcare professionals. [image: HealthEngine]

29-Mar-17 Singapore's medical tourism market is seeing it's well-heeled customers looking elsewhere for healthcare of late. A range of Asian countries are offering increasingly competitive levels of quality at more competitive prices. To address this problem, companies such as Raffles Medical Group, Parkway Pantai, and PanAsia Surgery Group are now investing in medical facilities outside Singapore to remain competitive. [image: Alphonsus Chern]