Healthcare

AIA Hong Kong, HKT, Gleneagles Hospital float telemedicine service
3 Dec 20
AIA Hong Kong clients will enjoy the service next year.
JD Health seeks Hong Kong IPO
29 Sep 20
This makes it JD Group's third affiliate to go public in 2020.
Hutchinson Telecomm, Bowtie Life roll out telemedicine service
25 Sep 20
First time users will get a waiver on consultation fees, two days’ basic medication, and free delivery.
Jacobson Pharma subsidiary applies for HKEX listing
25 Sep 20
The spin-off is aimed at achieving better growth.
HKEX greenlights Hangzhou Tigermed's IPO
21 Jul 20
The listing looks to raise about $1b.
AXA Hong Kong launches wellness platform
16 Jul 20
It offers a diabetes management programme and a steps tracker.
FDA authorises marketing of IQOS as a modified risk tobacco product to help addicted smokers transition away from combustible cigarettes
9 Jul 20
This follows after the FDA authorised IQOS to be sold in the US in 2019.
Nine in 10 consumers unaware what counterfeit medicines are: survey
30 Apr 20
More than half of respondents believe that it is the same as generic medicine.
Hang Seng launches Innovative Drug Select 50 Index
1 Apr 20
Jiangsu Hengrui Medicine tops the list with a 10.7% weighting.
Hang Seng launches Stock Connect Biotech 50 Index
25 Mar 20
Jiangsu Hengrui Medicine tops the list with a 10.19% weighting.
ITC earmarks $2m per R&D project to curb COVID-19
23 Mar 20
It will fund R&D trials related to detection, diagnosis or surveillance of the virus.
WeDoctor eyes $1b Hong Kong IPO
11 Mar 20
It has invited pitches from investment banks to lead the platform’s listing.
APAC healthcare deal value dropped 29% to $11.5b in 2019
11 Mar 20
The total deal size in Southeast Asia surged to $2.4b.
Healthcare benefits costs to climb 8.3% by 2020
24 Feb 20
Hong Kong is one of the markets expected to exceed the Asia Pacific’s average medical inflation.
Ping An's CT imaging vehicle at Wuhan to help treat pneumonia related to 2019 nCov
3 Feb 20
Medical staff can perform lung CT scans faster for patients in quarantine.
Teledentistry company SmileDirectClub expands to Hong Kong
14 Jan 20
The company specialises in remote teeth straightening therapy.
Investment firm Wellington Management closes $393m biomedical fund
19 Nov 19
The fund will allot investments into private biotech companies.
StartupCare and Generali launch digital platform for group health insurance
22 Oct 19
The app offers 24/7 pre-diagnosis and e-claim services.
Icon Group acquires Hong Kong oncology clinic SunTech Medical
12 Sep 19
It is keen to make inroads into the ageing city.
Rohto Advanced Research joins Science Park
9 Sep 19
It will conduct basic research on stem cells.
Chinese healthcare revenue growth set to weaken
8 Aug 19
The plan by the State Council to cut high-value medical consumables prices deals a heavy blow.
Bill Gates-backed biotech in diagnostic push
6 Aug 19
PHASE Scientific's product portfolio has expanded to include major infectious diseases such as hepatitis and influenza.
Prudential ties up with telemedicine firm MyDoc to launch digital health app
6 Aug 19
Pulse will provide health tools and consultations for 11 markets in Asia.
Hong Kong medical costs up 9.3% in 2018
19 Jun 19
The situation isn't any easier for Singapore where costs grew 10%.
Clearbridge Health expands Hong Kong presence with 1,500 sqft clinic
4 Jun 19
The new clinic features a dedicated space to hold educational health talks for medical tourist agents and patients.
Eldercare costs in Hong Kong hit $38.8b annually: study
10 May 19
Businesses are also bearing the cost as the indirect cost of eldercare to employers hit $1.8b.
Viva Biotech Holdings raises US$194m in Hong Kong's hottest biotech float
9 May 19
The drug discovery platform attracted retail orders for about 107 times the shares initially available.
Hong Kong's Voluntary Health Insurance Scheme goes live
4 Apr 19
Features include coverage extended to unknown pre-existing conditions and no limitations on ‘lifetime benefit'.
Government splashes out $16.1b to improve public hospitals
5 Mar 19
Approximately $700m will go to doctors, nurses and the Hospital Authority’s supporting staff.
Government injects $10b to set up public healthcare stabilisation fund
1 Mar 19
The Hong Kong Genome Institute will also be established to promote the clinical application research on genomic medicine.
Healthcare spending may double to $315b by 2033
26 Feb 19
Hospital-based care accounted for total health expenditure of $75.1b in 2018.
Government mulls ban on e-cigarette sales
17 Jan 19
It is aiming to reduce smoking prevalence from the current 10% to 7.8% by 2025.
Healthcare boosted Singapore's capital markets in 2018
8 Jan 19
This includes pharmaceutical firm Takeda’s $58b acquisition of Ireland’s drug company Shire.
A third of Hong Kong workers go through mental health problems during employment
14 Dec 18
The impact is largely seen in junior employees who have just jumpstarted on their careers.
APAC's life and P&C insurance sector will remain stable in 2019: Moody's
12 Dec 18
Ageing populations will boost demand for long-term investment and health coverage.
Higher insurance coverage to boost Vietnam's healthcare sector
26 Nov 18
The plan to cover the health insurances of 84% of the population could drive investment growth.
APAC's healthtech VC funding set to exceed US$5.5b in 2018
26 Nov 18
China raised more than US$1.1b in Q3.
Asia hailed as world's fastest-growing healthcare market
31 Oct 18
Total healthcare spending will surge to US$2.27t by 2026.
Hong Kong rolls out district-based clinics as overcrowding intensifies
17 Oct 18
The first clinic will be located in Kwai Tsing.
Asian healthtech deals surged 56.8% to US$4.97b in Q3
10 Oct 18
The highest deal worth US$146m was closed in China.

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