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China's Fosun eyes Brazil hospital deals

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05-Oct-16 Chinese conglomerate Fosun International is in advanced talks to acquire Hospital da Bahia, a Brazilian hospital in the city of Salvador, for about BRL1 bn (USD308 mn). Brazilian business daily Valor Economico reported that Fosun is also looking to spend an additional BRL2 bn on other acquisitions to form a Brazilian hospital chain. [image: Fosun International Ltd]

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Brazil to dismantle universal healthcare system

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31-Aug-16 The Brazilian economic crisis could see universal healthcare replaced by US-style compulsory health insurance. The Government has new plans for healthcare as part of plans to slash expenditure. The proposed cuts could have a catastrophic effect both for the 19 mn Brazilians living under USD3.10 per day and for the rapidly expanding middle class who rely on public healthcare. [image: IMTJ]

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Mexico grabs USD915 mn FDI for medical device production

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19-Aug-16 Mexico received USD915 mn in FDI for the production of medical devices over 2013-15. The medical devices sector is one of the country's most dynamic manufacturing sectors. Public health organizations provide 70-80% of healthcare services. Mexico is a major producer of medical devices and the largest exporter of medical devices to the US. [image: EuTech]

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Tracking the public health effects of the Rio Olympics

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11-Aug-16 Visitors to the 2016 Olympic Games in Brazil are most at risk from waterborne pathogens and mosquito-borne infections. So far in 2016 we have seen 165,000 cases of Zika, 1.3 mn cases of dengue, 137,808 cases of chikungunya and over 6,500 cases of H1N1 influenza, in Brazil alone. To track outbreaks that may result from the Olympics, HealthMap has created a surveillance map. [image: Vector]

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Atomo Diagnostics secures AUD4.5 mn in funding

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11-Aug-16 Australian medical device innovator Atomo Diagnostics announced it has raised AUD4.5 mn in new equity from professional investors. Former Macquarie Group Managing Director and CEO Allan Moss said, "Atomo has developed a remarkably user-friendly and accurate testing device which has the potential to assist greatly in detecting HIV and other diseases in Africa and globally." [image: Atomo Diagnostics]

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