News
China's medical device imports to continue slump in 2019-2020
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 from the US.
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.
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 programme.
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.
Migrant workers gain access to universal healthcare in Thailand
An estimated 1.5 million undocumented migrants registered with the Ministry of Public Health in 2018.
Metro Pacific gears for $2b hospital sale
The conglomerate plans to start the sale process in July.
Hong Kong medical costs up 9.3% in 2018
The situation isn't any easier for Singapore where costs grew 10%.
Public hospitals in Singapore snapped up three-fourths of tertiary admissions in 2006-2018
Private players were left to fight over the remaining 22-23% of the market.
Pioneer and Merdeka Generation seniors to get US$197.5m of MediSave top-ups in July
The top-ups will be given only to qualified seniors.
Singapore's healthcare expenditure to hit US$24.6b by 2020
Public healthcare allowances are tipped to grow at a 8.3% CAGR between 2016-2020.
Singapore's medical trend rate outpaced inflation 10 times in 2019
It is expected to rise by 0.1% in 2019.
How much are Singaporeans covered by public health insurance?
Nearly 7 in 10 are already covered by the Integrated Shield plan in 2017.
Hong Kong-based Zuellig Pharma buys Singapore healthcare startup Klinify
Klinify is being used by 800 doctors in Malaysia to manage their clinics.