Singapore biomed

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Singapore’s rise as a biomedical sciences powerhouse: The talent driving its next chapter

Philip Yeo, once dubbed the "economic tsar of Singapore", has a prolific public service career spanning more than four decades.

Five things about Philip Yeo, former EDB chairman and outgoing CDL director

Clients today want the ability to monitor their orders being produced, which the new smart factory will support, says Fu Yu Corporation group CEO David Seow.
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Fu Yu Corp doubles down on biomedical bet

Elementum, Ho Bee Land’s landmark biomedical life-science development. The group is selling a 49 per cent stake in this project to a sovereign wealth fund.

Ho Bee Land sells 49% stake in Elementum for S$134 million to sovereign wealth fund

Though the electronics sector continues to post year-on-year growth in November, the rate of increase has slowed.

Singapore’s November factory output marks two straight months of growth, up lower-than-expected 1%

Electronics was the best-performing cluster in October, with output expanding 14.8% year on year, extending the previous month’s 12.7% growth.

Singapore’s October factory output rebounds with 7.4% growth after 12-month slump

Fundraising in the human health and potential category rose from US$400,000 million across 93 deals in 2020 to US$1.75 billion across 100 deals in 2021, before falling to US$770,000 million across 45 deals in 2022, a report by EnterpriseSG and DealStreetAsia found.

Singapore biotech startups face funding drought, in search of patient capital

Companies like Moderna are examples of  investments in companies that can build their solutions around long-term trends and enduring behaviours.

What to watch in the biomedical space over the next five years

WuXi Biologics aims to increase its biomanufacturing capacity by 120,000 litres by 2026.

WuXi Biologics, WuXi AppTec to each invest S$2b to grow R&D, manufacturing capabilities in Singapore