Healthcare

Are India's underfunded hospitals equipped to deal with the pandemic?

The country is unable to raise healthcare expenditure by more than 3.8% of GDP, compared to the APAC average of 6.64%.

Aoyuan Healthy acquires 55% equity in Liantianmei for $101.72m

With this acquisition, Aoyuan holds 60% equity interest in the company.

Hutchinson Telecomm, Bowtie Life roll out telemedicine service

First time users will get a waiver on consultation fees, two days’ basic medication, and free delivery.

ASLAN Pharma to open new testing sites in Australia and the US

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

The software runs on deep learning and low-cost off-the-shelf hardware.

Japanese pharma Eisai to open Vietnam wing

The goal is to tap into the country’s growing pharmaceutical market.

Thailand to become the medicine hub of Southeast Asia

Japanese drugmakers are interested in establishing their main manufacturing sites in Thailand.

India medicine sales to increase 9.4% by 2029

Telemedicine service is expected to prevail in the coming years.

Sri Lanka pharma market to grow 1.6% by 2024

Local firms will benefit from the government support to improve capacity and supply.

Chinese pharma market to grow 3.2% this year

The Government’s efforts to cut drug spending will create challenges for international drugmakers.

HSBC releases China pharma market outlook for H2

Small cap companies with low valuations could outperform, but leading companies may provide more stable returns.

Biofourmis closes Series C funding, reels in $100m

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

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

The company is offering free 6-months trials for all clinics in Singapore.

Sino Biopharma records $1,852m revenue in H1

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

It became the 16th hospital under the group in Malaysia.