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Vietnamese healthtech firm BuyMed banks USD500k in seed round

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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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Ping An’s AI team in China can now predict flu outbreaks

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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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Chinese VC firm Shenzhen Capital launches USD291 mn healthcare fund

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25-Jul-19 China-based venture capital firm Shenzhen Capital Group has launched a USD291 mn healthcare fund, dubbed the Shenzhen Hongtu Healthcare Private Equity Fund, aimed at investing in companies that seek to disrupt the current healthcare pattern in the country. [image: Reuters / Bobby Yip / Deal Street Asia]

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