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Healthcare

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.

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

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.

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

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.

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

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

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.

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.

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.
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