Healthcare
Daily Briefing: Government to put an age limit on e-scooter users; Hummingbird Bioscience raises $25.88m in series B funding
Daily Briefing: Government to put an age limit on e-scooter users; Hummingbird Bioscience raises $25.88m in series B funding
And Singapore based VC firm Decacorn Capital makes first investment in Europe.
OUE Lippo Healthcare, CMSK to co-develop Prince Bay hospital in China
It entered a share subscription agreement for $17.9m.
Star Pharmaceutical delists from main board of SGX
The company will acquire its remaining shares.
IHH Healthcare reverses loss with $77m profits in Q3
Contributions from recently-acquired hospitals boosted its growth.
$3.13b of health expenses went to stress-related illnesses
35% of attendances in primary care are related to stress conditions.
Dental cosmetics startup Zenyum bags US$13.6m in Series A funding
It eyes launching a brand for retainers and teeth whitening.
RHT Health Trust seeks to suspend EGM for winding up process
The Indian Supreme Court said the $895.55m disposal of RHT’s portfolio, which is part of the winding up, violated its orders.
Chinese court dismisses Weixin claim against OUE Lippo
The Wuxi Xinwu District Court held that a 2015 land transfer between Wuxi Yilin and Wuxi New District Phoenix Hospital was legal.
Cyber Breach in healthcare firms jumped 60% in January-September
Cyberattacks by trojans and hijackers surged by over 80%.
IHH Healthcare denies collusion with former Fortis owners
Its subsidiary only acquired shares after the exit of its erstwhile owners.
Neonatal care firm Child Health Imprints secures $3.26m funding
They plan to expand their manufacturing base in South Korea.
Raffles Medical Group profits down 15.8% to $13.64m in Q3
Gestation losses from Raffles Hospital Chongqing dragged down profits.
OUE Lippo Healthcare buys 70% stake in Wuxi Bohai Hospital for $1.9m
The Grade II hospital has 100 beds.
SPH, Bridge C set up $50m fund for aged care in Japan
Japan’s elderly population is sighted to grow 37% by 2025.
Singapore breaks into the world's 20 best hospital cities: study
It was the third highest-ranking Asian city with an overall score of 94.58.
GIC and investment firm KKR co-invest $940m in Philippine hospital group
The consortium will subscribe to $136.67m worth of 41.3 million new common shares.
Top five healthcare stocks averaged total returns of 29.5% YTD
ISEC leads the pack at 48.6%.
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