Asia HealthTech News @AsianHealthTech
Latest developments in the Asian Healthcare market. We 💚 #healthtech, #medtech & #biotech. Follow us if you do too! Asia Joined July 2022-
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“Kuldeep Singh Rajput, the founder and CEO of Biofourmis, has stepped down. His exit was largely driven by General Atlantic as the pressure to steer the firm towards profitability gears up” dealstreetasia.com/stories/biofou…
“Singapore-based health technology startup MiyaHealth has amassed a total of S$10.4 million in pre-Series A funding after securing an extension of S$2.4 million” …sinesstimes-com-sg.cdn.ampproject.org/c/s/www.busine…
"The Faculty of Medicine at Siriraj Hospital under Mahidol University in Thailand is joining with local artificial intelligence startup Cariva to leverage AI to enhance medical treatment and offer innovative medical products and services" bangkokpost.com/business/gener…
"Gobi Partners recently spearheaded a Series A funding round for Hong Kong's ImmunoCure and participated in the Series A round for Malaysia's ORA. The firm's healthtech portfolio has an aggregate investment of US$11.8m spread across 12 Asian startups" digitalnewsasia.com/startups/gobi-…
"The digital health arm of India-based pharma company Lupin has unveiled its e-clinic called Lyfe. The virtual clinic is manned by a team of paramedics, nurses, cardiotherapists, health coaches who support cardiologists in managing their patients" mobihealthnews.com/news/asia/lupi…
"Unilever Ventures has led a seed investment round in India-based health and wellness business What’s Up Wellness which makes gummy multi-vitamins and supplements to aid sleep and beauty regimes" just-food.com/news/unilever-…
"Vietnam-based BuyMed, tackling fragmentation in the pharma industry, currently processes over 5,000 orders daily, has over 30,000 unique practices using its platform, over 10,000 unique SKUs sold, and reaches over 12,000 townships across Vietnam" e27.co/how-these-trio…
"Neurowyzer, a Singapore-based healthtech startup, has raised an additional $2.1 million in funding from Peak XV Partners" dealstreetasia.com/stories/neurow…
"The urgency brought by the COVID-19 pandemic, in tandem with Thailand’s growing population and accelerating digital transformation, have catalyzed a shift toward adopting a more digital-centric healthcare model" kr-asia.com/transformative…
"There is still no healthtech solution that is as ubiquitous as what an Ola, Swiggy, or Flipkart is to the Indian consumer-tech. For 2070 Health, this is an opportunity" yourstory.com/2023/08/mumbai…
“HealthXCapital, an early-stage venture fund based in Singapore, has merged with Jungle Ventures. The deal will enhance Jungle Ventures’ capacity to invest in the healthcare sector and and give it access to HXC’s network and resources” techinasia.com/healthfocused-…
“Novo Holdings, an international life science investor, has participated in a USD290m strategic financing round of Sangon Biotech, a China-based life science tools and services company” asiaone.com/business/novo-…
"Quadria Capital has closed a $200 million revolving credit facility to finance its investments in healthcare, pharma, and diagnostics assets that improve access to healthcare across South Asia and Southeast Asia" dealstreetasia.com/stories/quadri…
"HD, a Thailand-based healthtech company, has received a significant investment from FEBE Ventures, a Vietnam-based VC firm. The funding will help HD grow its presence and reach in the region, particularly in Vietnam" techinasia.com/healthtech-fir…
"Halodoc, the Indonesia-based healthtech firm, raked in US$100 million in series D funding in a round led by returning investor Astra Digital International. With the new capital, Halodoc has raised at least US$258 million" techinasia.com/halodoc-raises…
"Malaysian pharmaceutical group Pharmaniaga Bhd has completed the first phase of a private placement exercise by selling 10% of its shares to third-party investors. Pharmaniaga was heavily involved in the country's rollout of the COVID19 vaccines" businesstoday.com.my/2023/07/24/pha…
"Aevice Health, a Singapore-based respiratory monitoring firm, secured a new funding round (undisclosed amount) from East Ventures to expand its tech to patients across the Southeast Asia region" techinasia.com/ev-bets-aevice…
“CVC Capital Partners will acquire a majority stake (60%) in The Medical City (TMC)– a premier private healthcare institution in the Philippines” business.inquirer.net/410549/cvc-cap…
"Quadria Capital will invest up $158m in GSK Velu-led eyecare chain Maxivision Eye Hospital in two tranches. The PE fund will make an initial investment of $73m for a minority stake followed by an additional stake worth $85m in the second tranche." vccircle.com/quadriacapital…
"India is developing rapidly as a healthtech hub in Asia, benefiting from a burgeoning population and an advanced technology sector. The country is the second-largest recipient of healthtech venture capital in the region after China" theasset.com/article/49569/…
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