healthcare industry

Company in the news

Alliance Healthcare focuses on affordable and accessible clinics; banks on telemedicine

“I’m not particularly affected by the share price since investors’ reluctance to invest will not be permanent as seen during SARS,” says Barry Thng, executive chairman of Alliance Healthcare.

Healthcare

Hyphens flies Asian flag in pharma industry

SINGAPORE (May 29): Healthcare veteran Lim See Wah's rejection from medical school more than three decades ago turned out to be a significant pivot in his entrepreneurial journey.

Acromec secures 3 new contracts worth $6.2 mil

SINGAPORE (July 3): Acromec, the specialist engineering provider, has secured three new contracts amounting to about $6.2 million.

M&A

Aoxin Q&M acquires dental clinic in China for $4.13 mil

SINGAPORE (May 18): Aoxin Q&M Dental Group has entered into a memorandum of understanding (MOU) with an individual, You Zhongjiang, to acquire 100% of the shareholdings in Youxin Dental Clinic in China for RMB19.6 million ($4.13 million).

In print this week

Health Management International is back in Singapore's healthcare scene with its latest acquisition

SINGAPORE (May 18): More than a decade after ceasing hospital operations in Singapore, Health Management International (HMI) is making a comeback.

Startups, Entrepreneurs, Digital economy

AI healthcare startup UCARE.AI secures $8.2 mil funding

SINGAPORE (May 16): UCARE.AI, a Singapore-based artificial intelligence (AI) healthcare startup, has recently concluded its Series A funding, bringing total investment to $8.2 million to date.

Amazon, Berkshire, JP Morgan team up to cut healthcare costs in US

(Jan 31): Amazon.com Inc, Berkshire Hathaway and JPMorgan Chase & Co said on Tuesday they will form a company to cut health costs for hundreds of thousands of their US employees, setting up a major challenge to an inefficient US healthcare system.

In print this week

Should Asian investors buy into the story of rising healthcare demand?

SINGAPORE (March 31): At least one observer has held up Singapore’s healthcare system as a model for the developed world. But the system is not without its own issues.

Singapore Medical Group fully acquires Lifescan Imaging for $8.5 mil

SINGAPORE (Aug 8): Singapore Medical Group (SMG) has proposed to fully acquire its 38.1% owned associated company, Lifescan Imaging, an imaging and radiology firm, for a consideration sum of $8.5 million.
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