25-Apr-16 Singapore's leading private medical provider, Raffles Medical Group, is seeking opportunities to open hospitals and medical centers in China's top cities. The group plans to open a 400-bed facility in Shanghai in 2018, adding to existing clinics in seven cities in China, including Shanghai, Beijing, Nanjing and Dalian. [image: Nikkei Asian Review]

24-Apr-16 Australia's third largest private healthcare group, Healthe Care, officially became a member of Luye Medicals Group Pte Ltd (Luye Medical Group) after the acquisition from Australia's Archer Capital Fund was completed. Through this acquisition, Luye Medical has leapfrogged into the ranks of the largest international private medical groups in the region. [image: Luye Medical Group]

21-Apr-16 IHH Healthcare, Asia's largest hospital operator, said that its Turkish subsidiary will invest EUR76 mn (USD86 mn) in healthcare facilities in Bulgaria. Istanbul-based Acibadem has signed deals to acquire wholly Tokuda Hospital. Separately, Acibadem also entered into a sale agreement for a 33% stake in City Clinic. The combined entities will become the largest private healthcare operator in Bulgaria. [image: IHH Healthcare Berhad]

19-Apr-16 Walgreens Boots Alliance has bought a 15% stake in Russian pharmacy chain 36,6. In return Walgreens Boots Alliance has sold its Russian distributor Alliance Healthcare Russia to 36,6. The country’s commercial drug market can be very promising for foreign investors. [image: Newseurope]

14-Apr-16 The Jeddah-based Islamic Development Bank (IDB) has signed a SAR200 mn (USD53 mn) agreement to provide medical care for poor rural people in India, funding 15 mobile health clinics. The money is part of a SAR1 bn fund which will also deploy 60 mobile clinics in Pakistan, Bangladesh, Afghanistan, Yemen, Kyrgyzstan and Uzbekistan. [image: Arab News]