Malo Clinic acquired by Taiwan group

Taiwanese group Taivex Therapeutics Corp has bought a majority stake in Pacific Health Care Ltd, the Macau-registered company that runs the Malo Clinic in Macau, said a company source quoted by Portuguese news agency Lusa. The amount of the investment made by the Taiwanese group, which operates clinics on the island and in the mainland, was not disclosed. Under the new management, the Malo Clinic will try to explore new markets and offer new services, namely gynaecology and assisted reproduction, the source said. The company will also bet on medical tourism, an area that is “underdeveloped in Macau and has a lot of room to grow,” the source added. Malo Clinic is located at The Venetian Macao casino resort.