Healthcare

Rubber glove makers' returns up 28.7% in 2020 YTD

UG Healthcare leads the pack with a total return of 57.1%.

Headwinds in pharma industry could hurt revenues

Companies face challenges in clinical trials and intellectual property.

Haw Par's net profits inch up 1.8% to $182m in 2019

Revenue increased 2.6% to $243m due to higher healthcare arm sales in H1 2019.

Biotech firm's COVID-19 detection kit greenlighted for launch

It can now be used directly by laboratories or hospitals to test patients for clinical diagnosis.

SPH buys six aged care assets in Canada for $244.5m

This marks the company’s entry to the North American market.

AXA rolls out COVID-19 care package

Customers hospitalised due to the virus will receive $200 per day.

Raffles Medical ramps up services amidst COVID-19 outbreak

A virus kit with masks, sanitisers, and vitamins can be ordered online.

Medical inflation to rise 9.3% in 2020

Singapore’s demand for health care services continues to outstrip supply.

Raffles Medical's profit dropped 15.2% to $60.27m in 2019

Profits were hit by gestation loss for Raffles Hospital Chongqing.

SPH buys five aged care properties for $65.8m

The assets have a total capacity of 365 beds.

OUE Lippo Healthcare reversed to $3.24m profit in 2019

The inclusion of its interest in First REIT boosted the profits from its investees.

Singapore to invest $800m in fight against COVID-19

A bulk of this allocation will go to the country’s health ministry.

Thomson Medical's profits rose 39.5% in Q4 to $4.2m

Profits grew due to the absence of impairment loss on development and investment properties.