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Report: investors favor APAC markets as Biotech destinations amid US-China tensionsMarkets in Asia Pacific (APAC) are rapidly gaining ground as credible innovation hubs amid the reshaping of global biotech strategies, driven by geopolitical tensions and significant US research funding cuts, a new report revealed on Thursday. According to the report from Bain & Company, developed in partnership with the Agency for Science, Technology and Research (A*STAR), the Singapore...0 Comments 0 Shares 2K Views 0 Reviews
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Temasek and GIC acquire stake in Singapore-headquartered biotech specialist CRO NovotechNovotech, Singapore-headquartered full-service biotech specialist clinical research organization (CRO), announced that affiliates of GIC and Temasek have signed binding agreements to acquire a significant stake in the company, with the additional capital earmarked to accelerate its global growth. Existing investor TPG will also reinvest through its TPG Asia fund, Novotech said in a statement...0 Comments 0 Shares 8K Views 0 Reviews
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Unlocking Southeast Asia’s multi-billion dollar biotech potential With AISoutheast Asia’s biotech and healthtech sectors are gaining momentum, driven by government-led initiatives like Singapore’s National Precision Medicine Strategy and Thailand’s “Thailand 4.0” plan. These efforts aim to drive R&D and deliver more personalized, data-driven healthcare solutions. Artificial intelligence sits at the heart of this transformation,...0 Comments 0 Shares 8K Views 0 Reviews
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