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Healthcare
Broker's Calls

OUE Lippo Healthcare started at 'buy' on improving earnings visibility
SINGAPORE (Mar 11): Soochow CSSSD Capital Markets (SCCM) is starting coverage on OUE Lippo Healthcare (OUE LH) at “buy” with a target price of 8.8 cents, while forecasting a 25.2% earnings per share (EPS) CAGR from FY19-22E as the group enters a “du
March 11, 2019
In print this week

Cautious Budget spending necessary for long-term planning: Heng Swee Keat
SINGAPORE (Mar 4): Singapore may have accumulated huge surpluses during the current term of government, but that does not indicate an upcoming spending spree. The surpluses will also not be used to stall an impending Goods and Services Tax hike due to hap
March 05, 2019
Results

Hyphens Pharma 4Q earnings grow 31.9% to $0.8 mil in absence of one-off IPO expenses
SINGAPORE (Mar 1): Hyphens Pharma International has announced earnings of $0.8 million for the 4Q ended Dec 2018, rising 31.9% from $0.6 million in 4Q17 in the absence of one-off IPO expenses incurred from the year before.
March 01, 2019
Results

Raffles Medical posts 0.4% rise in FY18 earnings to $71.1 mil; recommends 2 cents final dividend
SINGAPORE (Feb 25): Raffles Medical Group (RMG) announced $71.1 million in earnings for FY18, rising a marginal 0.4% from $70.8 million in FY17 as higher tax expenses and additional depreciation from the recently-completed Raffles Specialist Centre contin
February 25, 2019
Deals, joint ventures & alliances

Biolidics partners Japan's Sysmex Corp for cancer-related R&D
SINGAPORE (Feb 20): Biolidics Limited has established a strategic partnership with Sysmex Corporation, a Tokyo Stock Exchange-listed supplier of hematology instruments, to collaborate on the development of laboratory assays in the field of circulating tum
February 20, 2019
Results

Singapore Medical Group reports 17.2% higher 4Q earnings of $2.9 mil on revenue growth
SINGAPORE (Feb 19): Singapore Medical Group (SMG) posted a 17.2% rise in 4Q18 earnings to $2.9 million from $2.5 million a year ago, driven by increased revenue contributions from the health and diagnostic & aesthetic business segments.
February 19, 2019
Tech

Singapore Medical Group subsidiary launches telehealth platform HiDoc
SINGAPORE (Jan 31): Singapore Medical Group (SMG) subsidiary HiDoc today launched its new telehealth platform, which is meant to provide first-of-its-kind telehealth and video conferencing services while giving accredited specialists access to patient hea
January 31, 2019
M&A

Best World takes up 12.5% stake in A*STAR biotech start-up for $5.6 mil
SINGAPORE (Jan 14): Best World has agreed to acquire a 15% stake in Celligenics, a biomedical A*STAR spin-off start-up, in two investment phases.
January 14, 2019
In print this week

Trouble in paradise for Singapore's policymakers as economic slowdown sets in
SINGAPORE (Jan 11): The headwinds of geopolitical stresses, market turbulence and policy uncertainties in the major global economies are no friend to small, open and trade-dependent Singapore.
January 11, 2019
Sector Focus

Global healthcare deals to rise before hitting cyclical trough in 2020: Baker Mckenzie
SINGAPORE (Jan 7): Dealmaking in the global healthcare sector is forecast to rise modestly this year after 2019 “started with a bang” with news of US pharmaceutical giant Bristol-Myers Squibb’s intended acquisition of Celgene for US$74 billion ($100
January 07, 2019









