Venture capital firms are placing bets on healthcare in Asia

 29-May-17, Bangkok Post 

Advances in healthcare technology have resulted in millions of people living longer, but the growing number of elderly people is also testing the limits of the system. Overcrowded hospitals, long waits for specialist treatment, a limited number of caregivers and high cost of essential medications are facts of life in many countries.

Can society adapt to a new era in which living to 90 or 100 will become normal, and can it afford the cost of keeping everyone healthy for longer? Research and technology will help to provide the answer. The focus is on prevention, monitoring and smarter use of resources to keep healthcare costs manageable.

Venture capital firms made 97 investments worth around USD37 bn - double the figure of five years earlier - in Asian healthcare, pharmaceutical and biotech ventures in 2016.

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