26-Jan-17 Verily, the Alphabet subsidiary formerly known as Google Life Sciences, has raised USD800 mn in funding from Temasek, the Singapore government investment company. "Proceeds may be used to support our growth in key strategic areas, including potential acquisitions, investment in partnerships and developing new opportunities on a global scale," according to a spokesperson for Verily. [image: Verily]

24-Jan-17 GE Healthcare had a strong 2016 fourth quarter performance led by 19 percent growth in China. For 2017, the company expects momentum to carry over for markets in China, Africa, and Asia Pacific, while Europe will be stable. The United States market is expected to slow down. Sales were boosted by ultrasound, up 6 percent, and imaging, up 2 percent. [image: GE Healthcare]

20-Jan-17 Private jet company L’Voyage is seeing growing interest in overseas medical and wellness trips from China. The ultra-rich prefer to fly by private jet and are increasingly choosing Europe and the US for treatments, drugs and technologies not available in China. Global Growth Markets estimates that 4,300 ultra-rich Chinese sought treatments overseas in 2015. [image: International Medical Travel Journal]

 Insights

23-Nov-16 Ctrip announced it has invested in IVF USA, a US-based IVF company. IVF USA has partnered with seven eminent reproductive health centers in the United States. The company has aided nearly 1,000 Chinese families in conceiving. Ctrip said that it has a good chance of venturing into medical tourism as it has 250 mn registered users. [image: IVF USA / China Travel News]