Healthcare

What lies ahead for Singapore’s medical device market?

The sector will benefit from rising healthcare expenditure driven by an ageing population.

IHH Healthcare acquires Penang's Island Hospital for $1.2b

The group now operates 18 hospitals across Malaysia.

SG to launch national strategy for allied health professionals

It will also implement a mandatory continuing professional education by 2026.

Singapore adds $13.2m to pandemic fund

This brings the city-state’s total contribution to $26.4m (US$20m). 

Tianjin Pharma posts 11 % net profit rise in Q3 2024

The group’s Chinese medicine segment primarily drove revenue, which contributed $807.8m.

Cordlife to hold EGM on 14 Nov to pass resolutions

It proposes to pay directors' fees of up to $135,000 for 2024.

Healthway Medical launches new foot care services for diabetics

The team will use a multidisciplinary approach. 

Q&M Dental Group will not renew Acumen's lab licence, suspends operations

It will also close its joint testing and vaccination centre in Sengkang from 1 December.

Gov't authorizes COVID-19 vaccine from Pfizer and BioNTech

Non-clinical data showed better response compared to the Omicron XBB.1.5-adapted vaccine.

OUE unit to issue $50m green notes at 4% due 2029

These new notes will be consolidated with the existing $150m green notes issued on 8 October.

Parkway Life REIT to acquire 11 nursing homes in Europe for $159.9m

The REIT expects to complete the acquisition by Q4 2024.

Singaporeans' physical well-being at highest level since 2019

However, cost of living remains the primary stressor at 52%.

SingHealth partners with OutcomesAI to integrate AI into medical workflows

NHCS and NCCS will implement the AI model for cardiology and oncology.