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Healius, Australia’s second largest medical centre operator and formerly known as Primary Healthcare has rejected a US$1.2 billion bid from China’s Jangho Group.
Summerset Group achieved 193 sales for the quarter ending 31 December 2018, comprising 112 new sales and 81 resales.
Keep your diaries clear for a couple of HealthInvestor Asia events coming up soon. On 27 February, HealthInvestor Asia will hold a seminar focused on the opportunities for healthcare businesses to create pan-Asian platforms in today’s market.
Kuala Lumpur-based private investment firm RHL Ventures has invested in healthcare SaaS platform HealthMetrics’ follow on round. The size of the investment has not been disclosed.
Ophtecs, a manufacturer of contact lens solutions headquartered in Kobe City, Japan, has acquired a 100% stake in Dutch contact lens manufacturer Microlens Contactlens Technolgy. The purchase price is undisclosed.
Germany’s Indivumed has launched the "Cancer Library Initiative", an operation to further accelerate precision diagnostics and personalised treatment for cancer patients, in collaboration with A*STAR's Institute of Molecular and Cell Biology (IMCB) in Singapore.
Fujifilm has announced plans to invest ¥10 billion (US$90 million) in order to expand its bio contract development and manufacturing organisation (CDMO) business. This investment will include the expansion of existing production facilities at its North Carolina location to support the growing needs of its customer portfolio.
OrigiMed has formally announced the completion of its Series B financing. This round of financing is led by Grand Flight Investment. The pre-A financing investor Wedo Capital continued to invest.



Features

Edwin Tong, senior minister for health, explains how the Ministry of Health in Singapore is supporting the growth in the number of seniors with Alzheimer's.
Penny Wan, regional vice-president and general manager, Japan and APAC, Amgen, writes about the public health challenge of cardiovascular diseases.
French-based international ophthalmic optics company Essilor has signed Letters of Intent with the Royal Government of Bhutan and the Central Monastic Body to strengthen the country’s vision care infrastructure.
April Chang, country manager at Cigna Singapore, argues that wellness programmes at work can lead to reduced absenteeism, higher productivity and increased morale among employees.
Steven Fang understands how to set up a healthcare company. Not only is he chief executive and founder of ASX-listed oncology company Invitrocue, he was also the founder of Singapore-based Cordlife Group, a healthcare company which provides cord blood and cord lining banking services.
Imagine a world in which you can consult with your doctor via video. She asks for a blood sample, which can be collected and analysed from a device in your home. After that is diagnosed, the prescription is automatically sent to the pharmacy and Uber then picks it up. The time from diagnosis to drugs at your home is only 60 minutes.
The digitisation of health data through blockchain technology is a groundbreaking solution that will empower patients and provide them with better access to healthcare.
For too many companies, a stock market flotation is the be all and end all. Chief executives have spent months on roadshows, locked up with bankers and lawyers. Understandably they think that they can now rest on their laurels.


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Hong Kong-listed Life Healthcare Group has cancelled plans to raise up to HK$128.5 million (US$16.4 million) in a share placement of up to 20% of its share capital. CNI Securities Group was the agent.


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