Healthcare

ASLAN Pharma to open new testing sites in Australia and the US
22 Sep 20
The sites are ready to enroll atopic dermatitis patients into the company's multiple ascending dose study testing.
GovTech licenses mass thermal scanner software for SMEs, NGO
22 Sep 20
The software runs on deep learning and low-cost off-the-shelf hardware.
Japanese pharma Eisai to open Vietnam wing
17 Sep 20
The goal is to tap into the country’s growing pharmaceutical market.
UOB grants $120m green loan to Farrer Park Company
17 Sep 20
It will be used to re-finance Connexion, Singapore’s first integrated healthcare and hospitality complex.
SMART researchers develop new method to produce red blood cells
16 Sep 20
New technology decreases cell culture time by half, and uses more targeted cell sorting and purification methods.
Thailand to become the medicine hub of Southeast Asia
10 Sep 20
Japanese drugmakers are interested in establishing their main manufacturing sites in Thailand.
India medicine sales to increase 9.4% by 2029
10 Sep 20
Telemedicine service is expected to prevail in the coming years.
Sri Lanka pharma market to grow 1.6% by 2024
9 Sep 20
Local firms will benefit from the government support to improve capacity and supply.
Chinese pharma market to grow 3.2% this year
9 Sep 20
The Government’s efforts to cut drug spending will create challenges for international drugmakers.
HSBC releases China pharma market outlook for H2
7 Sep 20
Small cap companies with low valuations could outperform, but leading companies may provide more stable returns.
Biofourmis closes Series C funding, reels in $100m
4 Sep 20
The round was led by SoftBank Vision Fund 2, and the company plans to use the funding to accelerate global expansion.
Fujitsu, Tokyo Shinagawa to develop AI-supported diagnosis of COVID-19 pneumonia
4 Sep 20
The system is expected to deliver early detection of cases, even when the probablity of infection is low.
Lumiere32 rolls out AI-powered inventory management software
3 Sep 20
The company is offering free 6-months trials for all clinics in Singapore.
Sino Biopharma records $1,852m revenue in H1
3 Sep 20
Earnings per share were 5.2% higher than that of the same period last year.
IHH Healthcare acquires Prince Court Medical Centre in Kuala Lumpur
2 Sep 20
It became the 16th hospital under the group in Malaysia.
Lee's Pharma announces H1 results
2 Sep 20
The group’s revenue is up 3.9% measured QoQ.
Singapore sees a 174% surge in pharma exports
1 Sep 20
The increase occurred mainly due to the worldwide stockpiling of drug ingredients.
Thomson Medical to roll out secure messaging platform
28 Aug 20
The end-to-end encryption system is expected to protect patient data privacy.
Bumrungrad International Hospital creates first digital microbiology laboratories.
25 Aug 20
This includes the digitization of its core laboratory, handling 60-70% of its annual tests.
A 5,000% surge makes Medtecs the top stock in Singapore
20 Aug 20
The firm is also amongst the best in the global health-care supply sector for 2020.
COVID-19 dampens Japan's pharma market
20 Aug 20
Reduced healthcare spending will affect multinationals' capabilities to launch new products.
Malaysia's ageing population to drive healthcare demand
19 Aug 20
The country is having high incidence and prevalence of non-communicable diseases.
COVID-19 pushes healthcare sector reform in Pakistan
18 Aug 20
Poor track record may delay the process despite the government's political will.
Australia healthcare spending signals future growth
18 Aug 20
High demand is forecasted in the pharmaceuticals industry.
Pandemic to further ramp up healthcare spending in APAC
17 Aug 20
Countries are declaring fiscal stimulus packages to fight the pandemic.
Viva Biotech buys 80% share of Langhua Pharma
14 Aug 20
The company expects to deliver more comprehensive end-to-end services through this acquisition.
China's healthcare spending to reach $49b by 2023
13 Aug 20
By then, China will account for 23% of the world’s healthcare spending.
COVID-19 jumpstarts Indonesia's telehealth industry
13 Aug 20
The government has quickly made digital health platforms available to address the pandemic.
Telemedicine on the rise in South Korea despite legal barriers
13 Aug 20
COVID-19 has forced the government to speed up the regulatort infrastructure around telemedicine initiatives.
UG Healthcare hits record net profit of $13.4m in FY20
13 Aug 20
The company is set to pay 0.714 cents dividend per ordinary share.
Private operator Healthscope sells New Zealand pathology business for $364m
13 Aug 20
Customary approval is expected to be completed within the next six months.
Pharma export trajectory to further improve in Bangladesh
10 Aug 20
The government aims to raise self-sufficiency in key pharmaceutical raw materials.
Philippine medical device market to grow 9% by 2024: Fitch
10 Aug 20
It will benefit from a strong economic performance over the next five years.
COVID-19 hampers Philippines' universal healthcare goals
7 Aug 20
The national health insurance programme is contracting by 33% - 35% from the target.
Pun Hlaing Siloam Hospital gains three Healthcare Asia awards
5 Aug 20
Operating with a patient-centric model, the hospital delivers services, including teleradiology, with full-time specialists.
Institut Jantung Negara: Caring beyond your heart
5 Aug 20
IJN's has carried out 36,381 screenings for its outreach programme, which targets rural areas in Peninsular Malaysia.
RadLink Asia bags Diagnostics Provider of the Year Award
5 Aug 20
The firm is the first to offer the fully digital PET and CT scanner, Discovery MI, in ASEAN.
Singapore researchers develop new COVID-19 test method
30 Jul 20
The method will speed up the testing procedure by up to four times.
Malaysia's medical device market sees new regulations
27 Jul 20
These will bring Malaysia closer in line with the ASEAN medical device directive.
Australia to invest $13.42m in healthtech R&D
22 Jul 20
The fund will be used for the discovery of better treatments of eight chronic diseases.

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