Healthcare

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.
Take an exclusive peek into Hong Kong Hospital Authority's daring big data push
4 Oct 18
A streamlined health app framework will soon be launched.
FrieslandCampina: Championing childhood nutrition through innovation and unmatched expertise
2 Oct 18
With its dedication to quality and well-balanced nutrition, FriesdlandCampina’s range of beloved dairy products has been the trusted by...
Hong Kong's healthcare system beats Singapore as the world's most efficient: Bloomberg
26 Sep 18
Absolute healthcare cost in the SAR stands at US$2,222.
Hong Kong's clinical trial market thrives on Chinese links
26 Sep 18
There have been 26 ongoing or completed trials since July 2016.
Hong Kong clinics brace for heated Chinese infant vaccine demand
26 Jul 18
The moves come after a Mainland biotech firm falsified data for its shots.
Air pollution in West Hong Kong is still in the red
20 Jul 18
Ozone (O3) levels have hit their highest point in the twenty years.
Mainland-based Ascletis Pharma launches IPO in Hong Kong's first pre-profit biotech listing
18 Jul 18
The firm is selling 224.1 million shares at $12 to $16 apiece.
Hong Kong's sickly public healthcare system reaches breaking point
18 Jul 18
Despite accounting for 90% of the city’s patients, public hospitals only employ 40% of the SAR’s doctors.
China turns to “internet hospitals” as healthcare demand shoots up
4 Jul 18
Tech startups are the biggest winners.
Hong Kong medical inflation to hit 8.4% in 2018
20 Jun 18
Diagnostics for cancer-related illnesses are pushing costs up.
Chinese medical tourists are exhausting local HPV cancer drug supply
14 Jun 18
An estimated 2m Chinese have come to Hong Kong to receive the shot in past two years.
Alibaba sells medical assets to Hong Kong arm for $10.6b
29 May 18
Alibaba Health Information Technology will control the Tmall and adult products business.
US biotech firm mulls Hong Kong IPO following bourse reform
11 May 18
Stealth BioTherapeutics is reportedly seeking around $200m for its public debut.
Hua Medicine targets IPO amidst wider market access for biotech firms
12 Mar 18
The deal for the Shanghai-based diabetes drug developer could raise as much $300m.
Public healthcare system thrives amidst staggering surplus
12 Mar 18
Recurrent expenditure on healthcare grew by an average of 7% over the past decade.
Amazon-backed cancer detection firm mulls Hong Kong IPO
2 Mar 18
Grail boasts of a wide range of blockbuster investors including Tencent and Bill Gates.
Nearly half of bosses urge greater private sector involvement in healthcare
22 Feb 18
They believe this can enhance services particularly for the elderly.
More sales jobs up for grabs in Hong Kong's life sciences sector
12 Feb 18
Salaries are also set to rise amidst stronger industry demand.
Shanghai Henlius Biotech eyes Hong Kong IPO
5 Feb 18
This comes amidst the bourse reform plan allowing the listing of pre-profit biotech companies.
Hong Kong's bourse reform plan seeks to tap on Chinese drug stocks
29 Jan 18
SEHK is considering opening up the exchange to allow pre-profit biotech companies to list.
Investors still flock to Hong Kong's IPO market despite lacklustre year
10 Jan 18
Bloomberg reports that the recent IPO of Chinese eye-clinic drew the highest retail participation in 11 years.
Beyond Ventures, Alibaba inject $312.31m in genetics firm
18 Oct 17
Prenetics is raising money to use on digital health infrastructure.
Hong Kong recruits more part-time doctors amidst manpower shortage
31 Jul 17
Over 300 doctors are now part-timers at public hospitals.
Hong Kong mulls over measures to meet surging healthcare demand
18 Jul 17
Demand for public hospital services will be on peak this summer.
Hong Kong is suffering medical manpower dearth
19 Jun 17
Shortage will come in just 10 years' time.
Private healthcare industry to be regulated
15 Jun 17
The bill will be gazetted on June 16.
Hong Kong plans to revamp old hospitals
13 Jun 17
This is to cut waiting time for patients.

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