Healthcare
MOH lists abrocitinib on the medical assistance fund
The drug is used to treat atopic dermatitis.
MOH lists abrocitinib on the medical assistance fund
The drug is used to treat atopic dermatitis.
Profit of Tiger Balm maker Haw Par soars 46% YoY to $216.6m in FY23
With higher profit, the company declared a higher basic earnings per share of $0.978.
OUE Healthcare posts 77% YoY higher profit tax of $57.5m in FY23
The company also recorded a 33% YoY higher revenue for the period.
Raffles Medical Group’s PATMI drops 37.1% YoY to $90.2m in FY23
The company attributed the decline to the discontinuance of its COVID-related activities.
OUE Healthcare expects higher profit for 2H23 and FY23
The company attributed the expected increase to net fair value gains.
Budget 2024: Who are the big winners of SG’s new measures?
Six sectors will benefit the most from the budget, according to an analyst.
First REIT’s DPU slips 6.1% YoY to $0.0248 in FY23
The REIT attributed the decline to higher financing costs, amongst others.
Cordlife Group names Yiu Pang Fai as Group CEO
Tan Poh Lan steps down from the role for personal reasons.
Startup pushes preventive healthcare through digitalised longevity solutions
Mito Health CEO Kenneth Lou believes their personalised platform can address potential future health concerns and extend lifespan.
Singapore to launch $3.5b Age Well SG programme
DPM Wong said will support the expansion of active ageing centres.
Singapore Institute of Advanced Medicine Holdings to raise $26.2m in IPO
The company’s IPO was 1.01 times subscribed.
IHH unit withdraws IPO application in India
Agilus submitted its Draft Red Herring Prospectus on 29 September.
Singapore’s health data bill mandates regulated information sharing
To ensure data disclosure and sharing, the Ministry of Health can impose up to $1m in fines for non-compliance.
Thomson Medical’s profit dwindles to $2m in 1H24
The healthcare provider also recorded lower revenue during the period.
Parkway Life REIT’s net property income climbs 14.1% to $139.1m in FY23
With improvement in NPI, the REIT recorded a 2.7% YoY higher DPU.
Zora Health bags $1m funding to launch a fertility care platform
The platform will offer services including egg freezing, in-vitro fertilisation, and fertility testing.
Mesh Bio raises $4.7m in Series A for health tech expansion with East Ventures
Elev8, Seed Capitals, and existing shareholders were also participants of this funding round.
Commentary
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