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China's Ping An group raises USD2.2 bn in health tech IPOs

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 Insights

05-Feb-18 Ping An owned healthcare app Good Doctor has raised USD400 mn in funding, while its managed care platform OneConnect raised USD1.8 billion. Ping An's healthcare technology business covers 800 million people across 70% of the cities in China. [image: China Money Network]

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Singapore healthcare spending will balloon this year

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 Insights

02-Feb-18 Healthcare spending in Singapore is expected to grow to USD10 bn in 2018 and will overtake education expenditure in the next 10 years, due to the ageing population, as more hospitals, polyclinics and nursing homes will be needed. [image: Singapore Business Review]

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Taiwan to be center to boost real-world AI in health

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 Insights

02-Feb-18 Taiwan's Ministry of Science and Technology celebrated the launch of its Joint Center for Artificial Intelligence and Automated Healthcare at National Taiwan University, which it hopes will help carry over research results into the industrial and business sectors. [image: CNA]

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Malaysia to produce world’s first AI powered stethoscope

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 Insights

02-Feb-18 Stethee, the world’s first stethoscope with an artificial intelligence system, is a handheld wireless device that will be produced in Malaysia through a collaboration with M3DICINE, an Australian private medical device design and manufacturing company. [image: Astro Awani]

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