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Tag: medical

  • Pharma firms see profits soar post-Covid

    Pharma firms see profits soar post-Covid

    Many pharmaceutical firms have reported record profits in 2022 thanks to high demand for drugs and other healthcare products post-Covid.

    DHG Pharma reported a profit of VND988 billion (US$42.1 million), a 27% increase from 2021 and 29% higher than the management’s target. It is the highest profit it has reported since it started making its accounts public in 2005.

    OPC and Imexpharm also earned record profits.

    OPC’s profits increased by 16% from 2021 to over VND140 billion, and Imexpharm’s by 24% to VND230 billion.

    High demand for healthcare products following the pandemic was the main reason for the soaring profits.

    A Vietnam Report survey in October-November found that around 90% of businesses that manufacture, distribute and sell pharmaceutical products reported higher revenues and around 80% reported profit growth in the first nine months of 2022.

    Besides, they also benefited from government policies to support drug retailers and modern drugstores.

  • AirAsia’s new platform for medical services

    AirAsia’s new platform for medical services

    Karen Chan, chief executive officer of AirAsia.com said the digital platform is aimed at making it as seamless as possible for everyone from the initial consultation to post-treatment services. “Healthcare is essential, and its affordability and accessibility should be a right for everyone. We want to help facilitate that. AirAsia Health is where healthcare meets travel, complemented by the strength of our ecosystem encompassing travel logistics such as flights, accommodation and mobility options, enhancing the convenience factor for any medical traveller’s end-to-end journey,” she said.

    Furthermore, AirAsia Health will partner with reputable medical providers and hospitals.

    To kickstart the launch, it is offering booking for Covid-19 RT PCR tests on its platform, provided by its medical partners from Lifecare Diagnostic Medical Centre and Sunway Medical Centre.

  • AirAsia’s charter flights to boost Malaysia’s medical tourism

    AirAsia’s charter flights to boost Malaysia’s medical tourism

    AirAsia is set to grow its medical tourism business by providing charter flight services from Indonesia, giving patients and medical tourists from Indonesia greater access to medical treatments and health services in Malaysia.

    On August 14, AirAsia welcomed its first international medical charter flight from Medan into Penang International Airport. The next medical charter flight from Indonesia will be from Jakarta to Kuala Lumpur on August 24.

    AirAsia set to grow medical tourism business with charter flight service from Indonesia

    The medical charter service will be expanded to other cities in Indonesia and soon develop into an end-to-end service offering under the AirAsia.com platform.

    AirAsia.com CEO Karen Chan said that the carrier is committed to connecting people to their critical needs amid Covid-19 travel restrictions.

    “These are stressful times for families with members suffering from chronic illnesses that require specialized medical treatments. AirAsia is working closely with medical institutions and government authorities to ensure inbound patients have a seamless traveling experience from Indonesia to Malaysia,” she said.

    She added that the airline will continue to work with strategic partners like Island Hospital in Penang, and with the full support of Malaysia Healthcare Travel.

    According to Chan, Indonesia as a country accounts for the highest inbound healthcare tourists arriving into Malaysia.

  • Perfect Shape Medical sales soar on network expansion

    Perfect Shape Medical sales soar on network expansion

    Hong Kong-headquartered Perfect Shape Medical has reported a 32 per cent increase in sales to HK$1.197 billion in the year to March.

    Profit for the company soared 64 per cent to $319 million.

    The company says the improved sales were in part due to the expansion of its network of new medical concept stores. Under the Perfect Shape brand, the company operates slimming and beauty services and sells slimming and beauty products in Hong Kong, Macau and Mainland China.

    Sales in Hong Kong rose 49 per cent to $879 million thanks to an increased spend per customer and the opening of new medical beauty concept stores.

    “As the group continues to grow, it has been closely examining the market trends,” the company said in its results statement. “To cater for different preferences of its customers, the group provided non-invasive medical beauty services to meet customers’ needs. The group has a first-mover advantage and positioned itself as a market leader in non-invasive medical beauty services in Hong Kong.”

    Revenue of $318 million from Mainland China and Macau contributed 27 per cent of the group’s total revenue. The group operates direct service centres in four mainland cities – Beijing, Shanghai, Guangzhou and Shenzhen – and in Macau. Its top-end centres can be found in prestigious shopping malls located in areas regularly frequented by high-end customers.

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  • Vietnam to digitize medical records for all citizens

    Vietnam to digitize medical records for all citizens

    The electronic system can be shared by healthcare providers across the countries to save time and money. The Vietnamese government has announced a plan to spend VND5 trillion ($220 million) on an ambitious project to create a nationwide system of electronic medical records.

    Under the plan, the government will still issue paper-based records to patients first but these will gradually be replaced by a digital system, built and run by the welfare agency Vietnam Social Security.

    The system, which will store personal medical records for all citizens, can be shared by health care providers to save time and money.

    Vietnam, like many other developing countries, is dealing with the double burden of infectious and non-infectious diseases, said Luong Ngoc Khue, a senior health official, adding that among non-communicable diseases, cancer has emerged as an alarming problem.

    Online personal health records can make it more efficient for doctors to make early diagnosis as well as easily monitor symptoms.

    The Vietnamese government has also announced a plan to issue electronic healthcare cards to all citizens to certify their rights to medical services anywhere, according to the government’s online news portal. With the new system, electronic healthcare registries in all 63 cities and provinces will be synced.

    Vietnam Social Security is in charge of developing a plan to sync health, social security and unemployment insurance into one single card.

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  • Philippines interested in Indonesian medical support ship

    Philippines interested in Indonesian medical support ship

    After purchasing two Strategic Sealift Vessel (SSV) warships from PT PAL Indonesia, the Philippine government is considering putting in another order for a medical support vessel from Indonesia’s state-owned shipbuilder.

    During the 2016 Asian Defense & Security (ADAS) exhibition in Manila, Philippine Secretary of National Defense Delfin Lorenzana held a discussion with Brig. Gen. Jan Pieter Ate from the Indonesian ADAS delegation on Indonesian defense products.

    “The Secretary of National Defense and the Philippines Navy chief of staff are impressed with the medical support vessel that will be fit for humanitarian assistance and disaster relief (HADR) operations,” Jan Pieter, the Defense Ministry’s director of the defense industry and technology.

    According to Jan Pieter, the Philippine secretary of defense had shown a deep interest in the 123-meter vessel and spent a lot of time looking at the vessel’s mock-up.

    It was reported that the Philippines had also put in an order for the CN235-200 and N212i aircraft from state-owned airplane maker PT Dirgantara Indonesia in 2015.

    The three-day ADAS 2016 exhibition ends on Friday.

    According to its official website, ADAS 2016 attracts exhibitors from around the world and works closely with the Armed Forces of the Philippines (AFP), the Office of Civil Defense (OCD) and the Philippine Coast Guard (PCG).

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