18-Jun-15 Merck's Russian expansion drive remains unaltered, its top executives say, despite a looming recession, a state localization drive, and deteriorating relations with the West. Merck is increasing headcount and expects to improve on its EUR150 mn sales of 2014. "It is crucial to capture the niche markets," said Jurgen Konig, head of Merck in Russia. [image: Armin Kübelbeck / Wikicommons]

17-Jun-15 First Myanmar Investments Co Ltd (FMI) and Indonesian conglomerate Lippo Group have launched a healthcare JV in Myanmar with a USD420 million roll-out. The JV is planning up to 20 hospitals in its national network over 10 years, focusing first on setting up 12 hospitals within the next three to five years. [image: Pun Hlaing Siloam Hospitals]

11-Jun-15 Singapore-based private equity firm Quadria Capital has raised USD304 million for healthcare investments in Asia. Managing partner Abrar Mir told reporters that two-thirds of the fund will be used for investments in Southeast Asia, while the remaining one-third will go to investments in South Asia. [image: Quadria Capital / AsiaOne Business]

08-Jun-15 Alibaba Group’s Jack Ma is reported to have tightened his grip on China’s healthcare sector. Mr Ma is said to have capitalized nearly USD142 million in China Resources Wandong Medical Equipment, which manufactures x-ray and MRI equipment for the domestic market as well as 70 export destinations. [image: Business Finance News]

04-May-15 Thonburi Hospital Group (THG), Thailand's third-largest private hospital group, plans to invest up to THB10 bn (USD297 mn) this year acquiring six hospitals, says Dr Boon Banasin, the owner of the group. He said THG, which has a network of 22 hospitals in Thailand and abroad with 3,000 beds, aims to buy hospitals in Thailand and in China. [image: Octafinance]