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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 5K Views 0 Reviews
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Singapore’s ClavystBio backs UK biotech Cirrus Therapeutics’s $11M fundingCirrus Therapeutics, an United Kingdom-based ocular immunology-focused biotech, announced Wednesday the close of an $11 million seed financing to advance its pipeline of gene and cell therapies aimed at improving quality of life and extending the ocular healthspan of patients with chronic blinding diseases. The round was led by ClavystBio, with participation from Polaris Partners and SEEDS,...0 Comments 0 Shares 779 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 9K 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 11K Views 0 Reviews
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