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Trendlines Medical Singapore, a subsidiary of SGX-listed Israeli medical and agricultural technology incubator Trendlines, has entered into a memorandum of understanding with Accelerate Technologies for both parties to collaborate and explore potential joint research and development initiatives in several medical technology areas.
Leading healthcare company, TIENS Group, has announced their global expansion into the new retail market with the opening of a new flagship TIENS Experience Store in China. Located in the TIENS International Health Industrial Park, the new store features a combination of online and offline consumer experiences through a technology-enhanced approach to new retail business and marketing.
Bumrungrad Hospital, Thailand’s second-largest listed hospital operator, continues to expand its investment. It will take a 30% stake in Singapore’s iDoctor for US$3 million and will invest Bt270 million (US$8.2 million) in a wellness center clinic under the project name Project Beta of Vitallife.
Ping An Good Doctor, UMP Healthcare and Zheng He Health and Medical Resources have announced their strategic cooperation. The three parties will make full use of their respective advantages and resources to jointly build an online and offline family doctor services network and realise the shared vision of "providing each family with a trusted family doctor". This cooperation also aims to help the government to achieve the goal of promoting and developing family doctor services across China.
HuiyiHuiying (HY), a leading medical imaging artificial intelligence company in China, has closed a strategic investment led by Intel Capital with participation of Beijing Singularity Power Investment Fund (SPC), marking the first investments by the firms in the medical AI sector in China. HY will use the funding proceeds to support its business development, product innovation and talent recruitment initiatives.
Australian hearing implant manufacturer Cochlear and GN, the global leader in intelligent audio solutions, have signed a new agreement to expand their Smart Hearing Alliance collaboration significantly.
China's leading clinical genomics testing company, Berry Genomics, and Prenetics – the leading consumer digital health and genetics testing company in southeast Asia and Europe – will establish a joint venture company that will deliver transformative consumer digital health and genetics testing services in mainland China.
Ping An Good Doctor (PAGD) has announced that the first commercially operational unmanned clinic in China, which it researched and developed, "One-minute Clinics" has been formally revealed in a scenic area in Wuzhen. It will provide a high-speed, convenient, one-stop shop for medical and healthcare services for nearby residents, visitors to the scenic area and guests of the 2018 World Internet Conference.
The Morrison government has announced a further A$34.8 million (US$24.7 million) investment in renal dialysis in remote areas.
Rici Healthcare, a private general medical services group in the Yangtze River Delta, has acquired stakes in a number of companies for Rmb68 million (US$9.8 million by acquiring the medical business of Wang Dejun.
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The China Securities Regulatory Commission has approved plans by Shanghai-listed WuXi AppTec, which helps its global partners shorten the cycle and lower the cost of drug and medical device r&d, to list in Hong Kong. The group could raise as much as US$2.7 billion.


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