News

Chart of the Day: SG healthcare spending to reach $45.9b in 2030

Fitch Solutions expects the government to ramp up its healthcare expenditure in the coming years.

Temasek Foundation, CHI to provide up to S$1.2m project fund for Healthcare Innomatch Winners

The three winning start-ups and SMEs presented innovative healthcare solutions. 

DKSH tapped as distributor of Medigen’s COVID-19 vaccines

Its cold chain solutions services include storage, distribution, and delivery.

SciClone profit up 4.3% to RMB622.7m in H1 2021

Its revenue rose 14.7% to RMB1.3b in the same period. 

Healthway Medical opens screening centre, dental clinic in Orchard Road

The screening centre is located at the Centrepoint, whilst the dental clinic is at the Pacific Plaza. 

Slowing economy to affect Japan’s pharmaceuticals spending: Fitch

It also said that the annual medicine price review will affect medicine’s market growth trajectory. 

Singapore climbs to 7th place in UNAIDS’ COVID-19 Innovation rankings

The city-state ranked first in the Asia Pacific region when it comes to innovative responses to the pandemic.

HKMC opens integrated medical centre in Central

The facility will offer 11 medicine specialties. 

D-dimer tests demand in China grows amidst COVID-19: GlobalData

The demand, due to the monitoring of COVID-19, is seen to drive the market at a 10% CAGR between 2020 and 2025.

AI, telehealth key to improve diagnosis for APAC radiologists: Royal Philips

80% of radiologists in Singapore, Australia, and South Korea believe that introduction of AI will lead to a more confident diagnosis.

Scivita Medical bags CN¥400m in Series B funding round

Scivita Medical is a Hong Kong-based maker of endoscopy products.

Disease awareness boosts Japan’s KRAS oncogene test market

Nucleic acid amplification tests dominate the market.

Mastercard and AIF launches first mobile hospital in Jalna, India

The new facility includes triage and treatment centres.

India ranks third in global pharma manufacturing

The majority of the country’s pharma manufacturing produces generic drugs.

Philippines mulls drug price cuts for foreign pharma

This is expected to affect local pharma growth in the short term.

Elderly Australians least comfortable with telemedicine

Nonetheless, more than half of the age group found its use to be comfortable.