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EDB unit teams up with Philips to invest in healthcare companies

Published Tue, Jan 12, 2016 · 09:50 PM

Singapore

EDBI, the corporate investment arm of the Singapore Economic Development Board, has signed a Memorandum of Understanding with Royal Philips to jointly invest in high-potential digital-health companies from around the world which are seeking to break into the Asian market through Singapore.

EDBI and Philips will…

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