14-Aug-15 China's medical technology sector growth exceeds the global average, but medical technology imports are declining as foreign investors are hampered by "buy local" guidelines and murky registration criteria. Local producers are under pressure to modernise and the government is funding innovation. [image: PolyOne]
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Insights
13-Aug-15 Singapore based Asian American Medical Group is planning to develop a diagnostic and wellness centre in Zhuhai, China, to leverage on the growth of medical tourism. AAMG’s planned Zhuhai-Singapore Life Science Park will offer health screening, endoscopic and operation services, and multi-disciplinary medical consultations. The company will be fully backed by the University of Pittsburgh Medical Center. [image: Proactive Investors Australia]
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12-Aug-15 Singapore-based Asian American Medical Group Limited (AAMG) said it has acquired a 60% stake, valued at SGD19.6 million, in Rich Tree Land Pte Ltd, for the development of an advanced diagnostic and wellness medical centre in Zhuhai, southern China. [image: Asian American Medical Group]
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09-Aug-15 Despite the government's longer-term ambitions, industry insiders say China's healthcare reforms are being held up because of technical issues such as fragmented IT systems, infighting between regulators, and pushback from state-run firms, which dominate the sector. [image: Reuters]
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