SE Asia sees record investments in health-tech space in 2019

This 2013 image depicts a Centers for Disease Control and Prevention (CDC) scientist harvesting H7N9 virus, grown for the purpose of sharing with partner laboratories for research purposes. Photo: CDC/unsplash

A record $266 million has been poured into health tech in Southeast Asia last year, more than double what was invested before, according to industry researcher Galen Growth.

In its report on health tech investment in 2019, Galen also noted that Singapore and Indonesia scored the bulk of the investments. However, even as Singapore maintained its leadership in terms of the share of deal volume, at 54 per cent, there were fewer deals overall as neighbouring countries – such as Indonesia, Malaysia, Vietnam and Myanmar – attracted more investments.

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