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Korean biotech firms are seen as undervalued by big investment firms

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10-Apr-17 Korean biotech companies are drawing much interest and investment from well-known foreign investors including Bain Capital, Goldman Sachs and the state-run Chinese company Tsinghua Tongfang Group. Korea biotech firms, according to one investor "are second to none, in terms of technology but their values have been underestimated due to the small size of the domestic market.” [image: Business Korea]

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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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First Online Tele-Health Platform debuts in Malaysia

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10-Apr-17 DoctorOnCall debuts as Malaysia’s first online telehealth platform that connects patients with an extensive network of doctors and medical practitioners via audio or video call. DoctorOnCall.com.my has also become Malaysia’s first online prescription-based pharmacy, with average delivery times of 4-6 hours for areas within Kuala Lumpur and the Klang Valley, and 1-2 days for the rest of Malaysia. [image: Citizen Journalists Malaysia]

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Healthcare startups in Thailand are taking advantage of mobile popularity

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10-Apr-17 Thailand's startup ecosystem is growing with support from the government and private investors. As the fastest-growing e-commerce market in the region, Thailand is attractive for tech startups, and as healthcare is increasingly digitised, startups such as YesMom, SmartHealthCare, Doctorme and MediTech are starting to create solutions for the problems that have plagued healthcare in Thailand. [image: e27]

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Dalian Wanda to invest USD10 bn in China healthcare hub

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10-Apr-17 Dalian Wanda Group will invest CNY70 bn (USD10 bn) in a health park in China's southwest, as some of the country's biggest companies look to tap demand for private healthcare. Wanda said it had signed an agreement with the Chengdu city government to create a 'park' with two international general hospitals, eight small specialized hospitals and 30 healthcare-related firms. [image: ET Healthword]

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