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Medtronic’s Ishrak sees Chinese health reform as boon to the medical device business

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14-Apr-17 Healthcare reform in China could be a major boon to Medtronic, says CEO Omar Ishrak who told the China Daily "in 10 years, probably, the Chinese market would have outpaced the US market." Ishrak added, Medtronic would open a heart-valve manufacturing site in Shanghai, saying "the facility would help relieve the shortage of such valves in China and globally." [image: Medtronic]

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China's Aier Eye Hospital sets its sights on Spain's Clinica Baviera

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14-Apr-17 China's Aier Eye Hospital plans to purchase the largest listed eye-clinic group in Europe, making it the world's largest ophthalmic medical group. It announced an offer to buy Spain's Clinica Baviera SA, specializing in laser eye surgery, with its 280 ophthalmologists and 76 eye clinics in Spain, Germany and Italy. The acquisition will cost Aier EUR152 mn (USD162 mn). [image: Ge Yinian / China Daily]

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China emerges as global medical tourism hotspot for TCM

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11-Apr-17 China is seeing a growing interest from medical travellers seeking Traditional Chinese Medicine (TCM) as well as those seeking high-end western therapies and treatments in some of the world's best private healthcare centers. China's National Development and Reform Commission targets to build 10 TCM health tourism model zones offering medical treatment, wellness, recuperation and elder care by 2020. [image: Australian Business Forum]

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Massachusetts General to help develop new 300-bed hospital in China

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 Insights

11-Apr-17 Boston-based Massachusetts General Hospital and Jiahui Health Network are pursuing a collaboration to create Jiahui International Hospital in China's Shanghai Province. The 300-bed hospital will focus on cancer care and research. Mass General Cancer Center will advise Jiahui as it launches a cancer center focused on breast, lung, gastrointestinal, lymphoma and myeloma treatment programs. [image: Partners Healthcare]

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China's Alibaba to complete human genome sequencing in 24 hours by 2020

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10-Apr-17 Alibaba Cloud's President Simon Hu announced it has developed "ET Medical Brain," a suite of AI solutions built on its cloud infrastructure. The ET Medical Brain aims to ease the workload of medical personnel by taking the role of the patient's virtual assistant, and participating in medical imaging, drug development, hospital management and wearable healthcare devices. [image: Computerworld Hong Kong]

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