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Insights
25-Sep-19 Vietnam-based BuyMed, the startup behind pharma distribution marketplace Thuocsi.vn, has secured USD500,000 in seed funding led by Singapore’s Cocoon Capital and VietCapital Ventures. BuyMed was founded in 2018 to simplify healthcare distribution in Vietnam and Southeast Asia. [image: BuyMed]
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Insights
22-Sep-19 China's Ping An Technology is helping healthcare authorities in Chongqing and Shenzhen predict flu outbreaks ahead of time with accuracy rates of over 90 percent. It is also looking at extending its forecasting capabilities into other diseases. [image: Handout]
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Insights
13-Sep-19 Malaysia's Hong Leong Financial and PE firm TPG will acquire Columbia Asia Hospitals in Southeast Asia for USD1.2 bn. They will own Columbia's 17 hospitals in Malaysia, Indonesia and Vietnam, but not its 11 hospitals in India. [image: New Traits Times]
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Insights
25-Aug-19 The medical tourism scene in Malaysia is booming. In 2018, 1.2 mn people visited Malaysia for medical treatment. Within Malaysia, Penang is the top medical tourism destination, with 45% of the country's medical tourism income, USD165 mn in 2017. [image: Tho Xin Yi]
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Insights
23-Jul-19 Malaysia's USD200 bn pension fund, Employees Provident Fund, is investing AUD70 mn in an Australian healthcare real-estate fund managed by developer Dexus. Employees Provident Fund's investment in Healthcare Wholesale Property Fund will enable it to acquire North Shore Health Hub. [image: Reuters / Nikkei Asian Review]
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