Metro Pacific Investments has revealed it will sell a 42.5% stake in the country’s largest hospital chain, Metro Pacific Hospitals Inc., to a consortium led by private equity firm KKR & Co for around USD 685 million. The sale, which values the whole unit at...
German manufacturer of bioabsorbable orthopedic metal implants, Syntellix, inaugurated a production site in Singapore’s Tuas Biomedical Park on 10 September 2019. The manufacturing facility hosts the first dry CNC processing of highly advanced magnesium alloys ever...
Thailand has been ranked at the country with the sixth-best healthcare system in the world in a study elaborated by the American magazine CEOWORLD. According to CEOWORLD, the South East Asian country is among few regional peers which managed to place in top 10 in...
Under a cooperation agreement between the authorities of Ho Chi Minh City (HCM City) and Incheon City, a conference on Medical tourism was held in October in HCM City to discuss opportunities for Medical tourism for companies from Vietnam and South Korea. South Korea...
SK Plasma, a producer of blood products which is part of the conglomerate SK Group, announced that in early September that it has signed an Memorandum of Understanding (MOU) with the Indonesian Red Cross and a state-owned Indonesian pharmaceutical company,...
Prudential Corporation Asia has introduced Pulse, an all-in-one digital app with Artificial Intelligence (AI)-powered health information. Officially unveiled on 12 August, Pulse was first launched in Malaysia in March 2019 and will be available in ten other markets...
Nutricia, a popular brand from Europe for early life and Medical nutrition, recently announced its plan to enter the Philippines before the year ends. Nutricia is under the umbrella of food and beverage company Danone. The company presented its portfolio, values,...
American fitness wearables company, Fitbit, announced a collaboration with Singapore’s Health Promotion Board (HPB) on 23 August 2019 on a healthy population project in support of Singapore’s Smart Nation initiative. HPB is a Singapore government agency that aims to...
The Thai Ministry of Public Health is ready to start distributing a cannabis-based traditional medicine formula, which will be given to around 4,000 patients who have not responded to conventional treatment. The Ministry received about 10,000 bottles of cannabis oil...
Doctor Anywhere, a Singaporean telehealth Startup and Bao Minh Insurance, one of the largest insurance groups in Vietnam have signed a strategic cooperation agreement to provide online health care services to more than 7 million Bao Minh customers in Vietnam. The...
As part of its smart city development plans, Ho Chi Minh City (HCMC) city departments, including health, have been asked to publish by the third quarter of 2019 their requirements for building databases and IT systems. Relevant IT companies will subsequently be...
Batam Development Authority (BP Batam), BP Batam Hospital and healthcare blockchain company, dClinic signed an agreement on 26 July 2019 creating BMB (Batam Medical Blockchain) , which is likely the largest blockchain project in the South East Asian region. dClinic...
