Healthcare
Raffles Medical Group profits down 14.7% in H1
Raffles Medical Group profits down 14.7% in H1
Operating revenue fell due to the promotion and building costs for its Chongqing hospital.
Temasek unit invests $5m in HC Surgical Specialists
It will be done through a 3-year 5.5% convertible bond at a conversion price of $0.54 per share.
Singapore's medical device market value to hit $1.3b by 2023: analyst
Increased government expenditure will support the segment.
Is it time to invest in at-home technologies for chronic disease care in Singapore?
Two in five health practitioners recommend a more integrated hospital-home care approach.
Mount Alvernia Hospital and Icon SOC partner to launch $25m integrated cancer centre
The upcoming facility is expected to start its operations in late 2020.
China's healthcare service sector's revenue to hit $1.16t by 2020
Tech giants such as Ping An and Tencent are tapping into blockchain and AI to address the sector’s talent shortage.
Chinese drugmakers' revenue could be dragged by stricter regulatory oversight
This follows the accounting scandal of a pharmaceutical firm accused of fabricating revenue and costs.
China's medical device imports to continue slump in 2019-2020
The 25% hike imposed in 2018 have resulted in a sharp fall in imports of MRI systems, X-ray apparatus, patient monitors and ophthalmic instruments...
APAC's medical device markets to be further hit by tighter regulations and pricing controls
Medical device approvals in China plunged 38% in 2018 to 5,528 successful registrations.
Thailand public hospitals cave under pressure from medical tourists
About 1.4 million international patients received medical treatment in 2012.
Malaysia's medtech sector stages turnaround as investments pick up
Domestic direct investments more than doubled in 2018 to $372m.
Medical device revenues to dip in 2020 as R&D expenses rise
The push for domestic production will divert more funds into research and development to cushion against trade tensions.
Medical device FDIs to extend slump in 2020
India’s foreign investments into the sector crashed 60% in 2017 and 2018 down to $67m.
Biolidics calls for trade halt pending reimbursements for cancer tests
The fees related to the tests will be reimbursed by China’s National Healthcare Security Administration under its national basic medical insurance...
Over $1b worth of MediSave top-ups and GST vouchers await 1.7 million Singaporeans
The benefits will be received from July to November.
Novena Global Lifecare to set up $150m Sino-Singapore healthcare fund
It will invest in medical services, biomedical projects, mature drugs and precision medicine companies.
Thomson Medical Group sets up $500m multicurrency debt issuance programme
The net proceeds will finance its borrowings, expansions and capital expenditure.
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Why preventing diseases through adult immunisation is essential to keeping Singaporeans healthy