According to a recent study published by the Philippine Institute for Development Studies (PIDS), the Philippines is losing over PHP 110 billion (USD 1.9 billion) annually due to cancer. Out of this cost, around PHP 40 billion (USD 704 million) are medical costs such...
South Korea’s Ministry of Food and Drug Safety (MFDS) in September 2023 held a bilateral collaboration meeting with the Drug Administration of Vietnam (DAV) to support cosmetics exports to the Southeast Asian country. Korea exports the largest quantity of cosmetic...
The Malaysia Healthcare Travel Council (MHTC), a government agency under the Ministry of Health Malaysia tasked to promoting Malaysia as a premier healthcare destination internationally has formalized a Memorandum of Understanding (MoU) with US-based non-for-profit...
Johnson & Johnson International (Singapore) is collaborating with the Singapore Economic Development Board (EDB) to boost innovation in Singapore’s life sciences sector. The first-of-its-kind partnership involves leveraging Johnson & Johnson Innovation –...
The Coalition for Epidemic Preparedness Innovations (CEPI) and Bio Farma, the only local vaccine manufacturer in Indonesia, have entered a 10-year partnership to boost the rapid manufacturing of outbreak vaccines in the Southeast Asian country. The collaboration will...
President Ferdinand R. Marcos Jr. has approved the Republic Act (RA) No. 11959, also known as the “Regional Specialty Centers Act,” as part of the administration’s efforts to establish and institutionalize healthcare centers in the region, ensuring accessible and...
The Advanced Cell Therapy and Research Institute, Singapore (ACTRIS) announced the opening of a new 2,000 sqm cell therapy facility to meet the increasing clinical demand for cell and gene therapy (CGT) treatments in Singapore. The facility comprises 14 Good...
American life sciences specialist Cytiva collaborated with Thailand’s Genepeutic Bio to establish the first Good Manufacturing Practice (GMP) certified cell therapy manufacturing facility in Thailand. The 600-square meter facility is located at Innovation Cluster II,...
Aqurate Ingredients Intl (M) Sdn Bhd, an LYC Healthcare Bhd arm that specializes in functional ingredients for the food & beverage, nutraceutical, pharmaceutical, and cosmeceutical industries, has inked a memorandum of understanding (MoU) with Bereum Co Ltd and...
State-owned company PT Hotel Indonesia Natour (HIN) has recently called for domestic and international investors to enhance and fortify facilities and services within the Health Special Economic Zone (SEZ) located in Sanur, Denpasar, Bali. PT HIN’s President...
The UK-Vietnam Free Trade Agreement (UKVFTA), along with other new-generation trade agreements, offers Vietnam significant chances to attract more foreign direct investment (FDI) into the pharmaceutical sector, a particularly welcomed development given that Vietnam...
Thai IT specialist NEC Corporation has signed a Memorandum of Understanding (MoU) with Thammasat University Hospital to collaborate on developing a digital platform to support the hospital’s healthcare system. Thammasat University Hospital is a high-level hospital...
