Singapore pharmaceuticals

BRUNCH

Forget chasing the next Pfizer: Singapore’s biotech future lies in innovation, not giants

The Republic may not have a major player to call its own, but licensing deals and early-stage breakthroughs can still count as wins

Factory output grew across the board in October, except for general manufacturing.

Singapore’s October factory output records highest jump in 15 years, up 29.1% on pharma surge

This surprised private-sector economists who had expected a 6.7% growth

The speciality pharmaceutical and nutraceutical company will use S$2 million of the proceeds to finance expenses linked to its expansion into the US.

iX Biopharma raises gross proceeds of S$6.7 million from placement

The amount surpasses the goal of S$5 million; new shares issued at S$0.10 apiece

iX Biopharma has proposed a placement of new shares in the company at S$0.10 apiece.

iX Biopharma proposes placement to raise gross proceeds of at least S$5 million as it eyes US expansion

The placement price represents a discount of 9.7% to the volume weighted average price of S$0.1107 per share

Singapore mainly exports active pharmaceutical ingredients to the US, instead of finished products such as tablets and capsules.

Singapore-based pharma companies waiting for confirmation of US tariff exemptions: MTI

Talks on a preferential tariff arrangement for Singapore’s pharmaceutical exports to the US continue, says Minister of State for Trade and Industry

Pharmaceutical exports to the US account for about S$4 billion of the Republic’s exports to the country, says Deputy Prime Minister Gan Kim Yong.

New US pharmaceutical tariffs may have ‘no immediate impact’ on drugmakers: DPM Gan

Drugmakers are ‘continuing to clarify’ to better understand the conditions and criteria tied to the new taxes

Less-than-favourable valuations for biopharma companies may be a key reason behind the lack of such companies listing on the SGX.

The biopharma scene in Singapore is vibrant, but few make it to SGX

More listings will keep the Republic’s capital markets robust, develop an ecosystem and strengthen its regional hub status 

Pharmaceutical firms that have broken ground on US facilities will receive exemptions.

Trump’s pharma tariffs put Singapore at ‘greatest risk’ among major exporters if no exemptions granted: economists

Without exemptions, the effective tariff rate on the Republic’s shipments could exceed 30%, compared with 4% now

Hyphens Pharma CEO Lim See Wah says that interest in medical aesthetics is expanding in the region, with specialised clinics opening throughout Asean markets.
TOPLINE

Hyphens Pharma bets big on Asean’s medical aesthetics boom

While the group is not exposed to tariff pressures, currency volatility remains a near-term challenge