The Business Times
business-time-50
THE BROAD VIEW

Bolder biotech investments, not less, is key to better health outcomes for all

The goal is expanding access to drugs and the types of patients that can benefit from treatments.

google-preferred-sourceAdd BT as a preferred source
    • Large pharma companies have clear mandates and resources for cutting-edge R&D into technologies like AI and biologics.
    • Large pharma companies have clear mandates and resources for cutting-edge R&D into technologies like AI and biologics. PHOTO: REUTERS

    Bryan Chow

    Published Sat, Dec 14, 2024 · 05:00 AM

    HEALTHCARE costs are rising globally. This is driven by ageing populations, lifestyle demographic shifts, newer treatments being offered, and a skilled manpower shortage.

    Since the Covid-19 pandemic, inflationary pressures have been experienced across the healthcare industry. The WTW Global Medical Trends Survey projects more than 10 per cent increase in medical costs in 2025.

    Yet, evidence of an association between healthcare costs and quality outcomes is inconsistent.

    Biotech

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

    Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    The suspension at Manulife comes amid a broader, coordinated crackdown on cross-border wealth channels.

    Manulife pulls loan product for rich Hong Kong clients after scrutiny

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More