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Singapore economy
PM Lee unveils healthcare and housing plans to curb cost of living pressures
SINGAPORE (Aug 20): Changes to government schemes on healthcare and housing were outlined by Prime Minister Lee Hsien Loong in his National Day Rally speech on Sunday night.
August 20, 2018
In print this week
Health insurers accountable for higher costs; industry reforms, checks and balances needed
SINGAPORE (Aug 6): When K Leela, 68, was diagnosed with kidney failure about a decade ago, she panicked about the cost. The homemaker needs to have dialysis at least twice a week, for life. Her husband works as a hotel bellhop, and they have three childre
August 05, 2018
Acromec secures $2.9 million contract in healthcare sector
SINGAPORE (July 13): Acromec has secured a contract valued at $2.9 million for the outfitting of a private day-surgery centre.
July 13, 2018
Broker's Calls
Singapore's well-insured ageing population makes this healthcare specialist a choice 'buy' pick
SINGAPORE (July 11): UOB Kay Hian is starting Asian Healthcare Specialists (AHS) at “buy” with a target price of 33 cents as it views the stock as a proxy to increased medical spending from Singapore’s ageing population and rising participation in s
July 11, 2018
IPO
Clearbridge BioMedics receives $6.6 mil in pre-IPO funding ahead of targeted 4Q launch
SINGAPORE (June 28): Clearbridge BioMedics has announced $6.6 million in pre-initial public offering (IPO) funding from oncology medical professionals, as well as investors focused in healthcare & biotechnology.
June 28, 2018
Clearbridge partners Australia's Genome.One for personal health genomics programme
SINGAPORE (June 26): Clearbridge Health (CBH) is partnering Australia-based health information company Genome.One, a wholly-owned subsidiary of Garvan Institute of Medical Research, to offer its patients genomic testing and analysis with the latter’s Ge
June 26, 2018
M&A
Boustead acquires Asia-focused healthcare business for $19 mil
SINGAPORE (May 24): Boustead Singapore announced that it is acquiring 100% of the shareholding of WhiteRock Incorporation (WRI), which comprises a group of 16 healthcare corporations operating in Singapore, China, Hong Kong, Malaysia and Thailand for $19
May 24, 2018
IPO
Hyphens Pharma's public offering 152 times subscribed
SINGAPORE (May 17): Hyphens Pharma International says its public offering of 3 million shares at 26 cents per share in conjunction with its Catalist listing was about 152 times subscribed.
May 17, 2018
Tech
Cordlife launches newborn metabolic screening service in Hong Kong
SINGAPORE (May 2): HealthBaby Biotech (Hong Kong), a wholly-owned subsidiary of Cordlife Group, has launched a newborn metabolic screening service in Hong Kong.
May 02, 2018
Broker's Calls
Is it too early to go into Raffles Medical?
SINGAPORE (May 2): RHB is downgrading its call on Raffles Medical Group (RMG) to “sell” from “neutral” with an unchanged $1.02 target price.
May 02, 2018