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China's Sinocare to buy Nipro Diagnostics

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03-Nov-15 Chinese diabetes tech firm Sinocare has signed an agreement to acquire Nipro Diagnostics from Japan's Nipro Corp, for USD273 mn. Nipro Diagnostics is based in Florida and manufacturers products for people with diabetes, including a portfolio of blood glucose monitoring technologies. Sinocare CEO Shaobo Li said “Diabetes has become one of the biggest challenges to our public healthcare system and society." [image: Sinocare]

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Australian health care firms eye Asia for growth

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11-Sep-15 Australia’s third-largest for-profit hospital operator, Healthe Care, and cardiac testing firm Cardioscan, say that a tough operating environment in Australia means successful operators could expand more profitably overseas. Cardioscan recently introduced its myPatch Holter wireless heart monitor to Hong Kong. Healthe Care, which is set to be put up for sale, says it could work well with a Chinese owner. [image: The Australian]

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Hamstrung by red tape, hospital operators buy their way into India

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10-Sep-15 Parkway Pantai, a unit of the world's second largest healthcare group by market value, IHH Healthcare Bhd, intends to use acquisitions to expand in India, where the private hospitals market is estimated to be worth USD55 billion a year, but companies must obtain as many as 70 clearances from federal and local authorities to launch a new facility. [image: Reuters / Shailesh Andrade]

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Abraaj Group invests in Turkey

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14-Aug-15 The Abraaj Group, a leading investor group operating in global growth markets, has announced it acquired a stake in Yü-Ce Medical, a disposable medical supplies manufacturer in Turkey. Abraaj will focus on increasing Yü-Ce's production capacity, expanding its sales and distribution network and further enhancing the company’s product offering. [image: Abraaj Captial]

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