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Alphabet's Verily gets USD800 mn from Singapore investor

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26-Jan-17 Verily, the Alphabet subsidiary formerly known as Google Life Sciences, has raised USD800 mn in funding from Temasek, the Singapore government investment company. "Proceeds may be used to support our growth in key strategic areas, including potential acquisitions, investment in partnerships and developing new opportunities on a global scale," according to a spokesperson for Verily. [image: Verily]

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Singapore to reorganise healthcare system into three clusters

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18-Jan-17 Singapore will reorganise the healthcare system into three integrated clusters. Health Minister Gan Kim Yong said “There remain many challenges ahead such as our ageing population, increased chronic disease burden and the need to manage future growth in healthcare manpower and spending.” With all three clusters having primary care capabilities, integration of care in instances like patient referrals will be streamlined. [image: Today / Channel News Asia]

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India's Practo raises $55m series D led by Tencent

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17-Jan-17 India’s Practo has raised US$55 mn in funding led by China’s Tencent. The funds will be used to foray into health insurance, bundling it with its consumer-facing services. Practo aggregates over 200,000 doctors across 10,000 hospitals, 8,000 diagnostic centers and 4,000 wellness and fitness centers in India, Brazil, Philippines, Malaysia, Indonesia and Singapore. [image: Tech In Asia]

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Four predictions for Singapore's healthcare in 2017

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22-Dec-16 The next step for Singapore is to increase coverage of digital healthcare by making it more accessible and available to a wider pool of citizens: 1. Singapore turns to smart healthcare to tackle its aging population issue; 2. Doctors get support from automation; 3. The app economy comes to healthcare; 4. Singaporeans want easier and better access to healthcare. [image: Singapore Business Review]

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Singapore healthcare providers hinge growth on overseas expansion

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08-Dec-16 As competition heats up in Singapore between private and public healthcare providers, many are looking at regional expansion for growth opportunities. Across the hospital players in the region, consensus is looking towards emerging markets like Cambodia and Vietnam for expansion. [image: Company, OIR]

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