08-May-16 Venture funding in healthcare globally reached a record USD4.5 bn in 302 deals in 2015, a four fold increase since 2011. A new generation of healthcare startups, focussing on the consumer market, has been gaining rapid ground. China, India and Singapore have become hotbeds for healthtech start-ups, most about doctor and clinic discovery. [image: Deal Street Asia]

28-Apr-16 Fitbit, the leader in connected health and fitness, and Tmall.com, China's largest third-party web platform, owned by Alibaba, have signed an MoU to expand Fitbit’s reach in China. The partnership will introduce the Fitbit platform to hundreds of millions across the country. "Since 2014, we’ve seen steady growth in the market," said Woody Scal, Chief Business Officer at Fitbit. [image: Fitbit]

03-May-16 The China FDA 2015 annual report details a fall in the registration of new medical devices to 7,530 from 8,340 in 2014. Toughening of Chinese regulations may have discouraged some applicants. The proportion of IVDs in the figures is large at 40%, but for imported medical devices there are almost as many new registrations as renewals. [image: Brandwood Biomedical]

03-May-16 China's Sinocare Inc has signed a purchase agreement privately-held PTS Diagnostics for up to USD200 mn in cash. PTS is a US-based manufacturer of biometric testing devices. "Together, our future will be centered on transforming preventative medicine, biometric testing, and connectivity by providing fast, easy, portable, and accurate medical devices and information management systems,” said Robert Huffstodt, CEO of PTS. [image: Sinocare Inc.]

01-May-16 Changing demographics and lifestyles in China are the reasons behind emerging opportunities for foreign companies to operate hospitals, clinics and care homes in the country. And the need is now widening to include primary care, rehabilitation and elder care. The range of incentives for foreign investors is increasingly wide. But there remain hurdles to be overcome. [image: Global Growth Markets]