Healthcare

Chinese healthcare revenue growth set to weaken

The plan by the State Council to cut high-value medical consumables prices deals a heavy blow.

Top three healthcare firms averaged total return at 31.2% in January-July 2019

These three firms’ average dividend yield came at 3.3% over the same period.

OrangeTee & Tie agents get access to telehealth services in Doctor Anywhere tie-up

Benefits include a partner rate for each consultation and medication delivery within three hours.

Genesis Healthcare launches wellness app

Users can receive lifestyle tips and health recommendations based on individual DNA.

Raffles Medical Group profits down 14.7% in H1

Operating revenue fell due to the promotion and building costs for its Chongqing hospital.

Temasek unit invests $5m in HC Surgical Specialists

It will be done through a 3-year 5.5% convertible bond at a conversion price of $0.54 per share.

Lonza's core profits rose 9.5% to $720.6m in H1

Its pharma biotech & nutrition segment recorded 10.8% sales growth.

Is it time to invest in at-home technologies for chronic disease care?

Two in five health practitioners recommend a more integrated hospital-home care approach.

Great Eastern and Doctor Anywhere partner to launch health and wellness programmes

About 40,000 insured members will soon access on-demand video consultations by August.

Mount Alvernia Hospital and Icon SOC partner to launch $25m integrated cancer centre

The upcoming facility is expected to start its operations in late 2020.

Thomson Medical Group priced $225m 3-year senior bond in maiden bond offering

Proceeds will be used to refinance its existing debts and extend its debt maturity profile.

Pharmaceutical firm GSK opens $130m manufacturing facility in Singapore

The facility is expected to produce anemia and HIV drugs faster.

Biolidics calls for trade halt pending reimbursements for cancer tests

The fees related to the tests will be reimbursed by China’s National Healthcare Security Administration under its national basic medical insurance...

Thomson Medical Group sets up $500m multicurrency debt issuance programme

The net proceeds will finance its borrowings, expansions and capital expenditure.

Novena Global Lifecare to set up US$150m Sino-Singapore healthcare fund

It will invest in medical services, biomedical projects, mature drugs and precision medicine companies.