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Malaysia’s Medical Tourism Revenue to Reach USD 476 Million in 2024, Fueled by Penang’s Growth

Malaysia’s Medical Tourism Revenue to Reach USD 476 Million in 2024, Fueled by Penang’s Growth

Oct 23, 2024

Malaysia’s private healthcare and medical tourism sector is set to generate MYR 2.2 billion (USD 476 million) in revenue in 2024, with Penang emerging as a pivotal hub for attracting patients. The nation’s allure in medical tourism is bolstered by its...
South Korean Companies Invest in Indonesia’s Regenerative Medicine and Cell Therapy Market

South Korean Companies Invest in Indonesia’s Regenerative Medicine and Cell Therapy Market

Oct 21, 2024

South Korea’s Daewoong Pharmaceutical and GC Cell are entering Indonesia’s regenerative medicine and cell therapy markets. Daewoong Pharmaceutical has established a cell therapy and cosmetics production plant in Indonesia through its subsidiary, Daewoong...
South Korea’s Celltrion Establishes Subsidiary in Vietnam to Expand Biopharmaceutical Market

South Korea’s Celltrion Establishes Subsidiary in Vietnam to Expand Biopharmaceutical Market

Oct 18, 2024

South Korea’s Celltrion has successfully set up a local subsidiary in Vietnam, a pivotal market within the ASEAN pharmaceutical landscape. The company aims to secure sales permits for its flagship products by the end of 2024 and distribute its treatments...
Insulet Opens New Manufacturing Facility Worth USD 200 Million in Malaysia

Insulet Opens New Manufacturing Facility Worth USD 200 Million in Malaysia

Sep 26, 2024

Insulet, a U.S.-based diabetes device manufacturer, has officially opened a new manufacturing facility in Johor Bahru, Malaysia, marking a significant milestone in a USD 200 million investment. Spanning 400,000 square feet, the new plant is twice the size of the...
Singapore and Taguig City Collaborate to Enhance Maternal Health with Expanded Breast Milk Bank and Telemedicine Services

Singapore and Taguig City Collaborate to Enhance Maternal Health with Expanded Breast Milk Bank and Telemedicine Services

Sep 25, 2024

Singapore’s KK Women’s and Children’s Hospital (KKH) and SingHealth Duke-NUS Maternal and Child Health Research Institute (MCHRI) have signed a memorandum of understanding (MOU) with Taguig City, Manila, to enhance maternal and child health services. The...
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