HK-listed psychiatric hospital group Wenzhou Kangning has announced a half-year profit increase of 12.4% on revenue that is up 49.3%, while increasing its minority stake in a hospital in Sichuan.
UAE-based hospital chain and distribution specialists NMC posted strong results for H1 2017, with net profit up 39%, as soaring sales and successful acquisitions sent the share price to an all-time high.
The Russian government may expand the favourable legislation surrounding the multi-billion dollar Moscow International Medical Cluster (MIMC) and foreign investment in it to expand beyond the Moscow region. Meantime, Israeli and South Korean operators have agreed to open branches, says Mikhail Yugay, CEO of IMC Foundation.
India’s CARE Hospitals is close to signing an exclusive partnership agreement with two hospital groups in Myanmar bringing its entry into the market one step closer.
Chinese genetic testing company Nuhui Health, which specialises in cancer screening, has received US$20m from five different investors in order to launch AI-based early screening technology.
India’s Supreme Court ruled last Friday that the owners of Indian hospital group Fortis Healthcare must maintain their holding until the conclusion of a legal dispute with the Japanese drugmaker Daiichi Sankyo.
The successful integration of Spain's largest hospital chain Quironsalud bolstered the 2017 first half results of German healthcare giant Fresenius, with Q2 showing strong growth for hospital division Helios. But it wasn't all good news, with renal care division Fresenius Medical Care proving a lot less successful.
Russian private national healthcare chain Medsi, owned by Russian conglomerate Sistema, had its assets frozen by a Russian court on Tuesday following legal action by state-backed oil giant Rosneft.
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