Biotech / MedTech

CBC-Backed Hasten Biopharmaceutical acquires 14 Celltrion Legacy products

Singapore-based healthcare-dedicated asset management firm CBC Group announced that its controlled portfolio company, Hasten Biopharmaceutical (Hasten), an innovation-driven biopharmaceutical company, has successfully acquired the asset rights of 14 branded products across Pan-Asia countries and regions from Celltrion, a South Korean biopharmaceutical…

HSBC provides social loan for Vietnamese biotechnology company Gene Solutions

HSBC has levelled up its strategic partnership with Gene Solutions, a biotechnology company based in Vietnam, through a social loan which allows the firm to continue expanding its healthcare services to Vietnam and ASEAN’s citizens.

Temasek led $208M equity investment in German radiopharmaceutical biotech firm ITM

Singapore state-owned investor Temasek has led EUR 188 million ($208 million) equity investment in German radiopharmaceutical biotech firm ITM Isotope Technologies Munich SE (ITM).

Singapore’s Allozymes raises $15M in Series A funding led by Seventure Partners, Xora Innovation

Allozymes, a Singapore-based innovator in enzyme discovery and engineering, has on Monday announced the closing of a $15 million Series A funding round led by Seventure Partners of France and Xora Innovation of Singapore.

Singapore’s NSG BioLabs raises $14.5M in financing round led by Celadon Partners

NSG BioLabs, Singapore's largest provider of biotech co-working laboratory and office space, has successfully concluded a $14.5 million financing round. The round was led by Celadon Partners, an Asian private equity firm.

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From lab to cure: Three trailblazing trends for biotech startups in 2024

As we peer into the future of the APAC biotech landscape, biotech startups will continue to see opportunities for innovation and funding on the horizon. The anticipated trends in strategic investments, government support, and collaborative efforts suggest that 2024 will be a pivotal year for aspiring biotech entrepreneurs. Success in this dynamic landscape…

South Korea’s S&S Lab partners Singapore’s FVC to support biotech and foodtech startups

South Korea’s private sector-led shared research lab S&S Lab (the operator of IRIS Lab) has announced its latest strategic partnership with Singapore innovation ecosystem enabler Farquhar VC (FVC), to foster and deepen relations among Korean and global novel food and biotech startups.

Indonesian biotechnology startup Moosa Genetics raises new funding led by East Ventures

Moosa Genetics, an animal genomics and biotechnology startup based in Indonesia, has on Monday announced that the company raised funding led by East Ventures, a venture capital firm focusing on Southeast Asia. The funding also saw the participation from angel investors.

Automera secures $16M in Series A funding co-led by ALSP, ClavystBio

Automera, a new biotechnology company based in Singapore, has secured $16 million in Series A funding co-led by Accelerator Life Science Partners (ALSP) and ClavystBio. The funding also saw participation from Singapore-based global investor EDBI, Xora Innovation, and other undisclosed investors.

InnovaTalk Webinar recap: Understanding medication-gut microbiome interactions

The July InnovaTalk Webinar hosted by the VinFuture Foundation highlighted the most recent research endeavors in understanding the interaction between medication drugs and the human gut microbiome, their implications on various complications including Antimicrobial Resistance and malnutrition, and challenges and opportunities to expand microbiome research…