News

Singapore medical device output grew 4.2% in June

The industry outperformed the output of the manufacturing sector, which fell 6.9%.

94% of Singapore firms attach international medical plans to healthcare programmes

This comes as employees seek more comprehensive plans to reduce out-of-pocket costs.

VC-sourced healthcare funding in Asia fell 39% to $2.57b in Q2

China-based Weimai’s $155m funding round was one of the quarter’s notable deals.

China healthtech funding crashed 49% to $1.92b in H1

The number of deals fell to 62 transactions in the same period.

India's healthtech deal value nearly doubled to $355m in H1

Investments in the wellness category ballooned to $155m.

Singapore clinched $145.78m of healthtech deals in 2018

The city trails only behind China and India in terms of deal value.

IT budgets could shrink for half of life sciences firms

Only 15% of life sciences firms believe digital tools could enhance customer experience.

Cheaper cell therapy gains ground in Australia, China, and Japan

In China, 80% of CAR-T trials are already being conducted by hospitals.

Top three healthcare firms in Singapore averaged total return at 31.2% in January-July 2019

These three firms’ average dividend yield came at 3.3% over the same period.

Indian drugmakers expand to China through joint ventures: report

Tight competition in the US is driving Indian pharmaceuticals east.

Buyout sought for India's Apollo Hospitals as owner seeks to pay debt

The aim is to reduce the Apollo shares pledged by the controlling family as collateral to lenders, to 20% of their total holding.

Taiwan's health ministry to greenlight cell therapies for two hospitals

Shin Kong International HealthCare Center in Taipei is likely to be approved for non-cancer related cell therapy.

Chinese healthcare revenue growth set to weaken

The plan by the State Council to cut high-value medical consumables prices deals a heavy blow.

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.

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.