Australian invesors just not getting the importance of tacit Singaporean Govt. endorsement through both A*Star and SingHealth:
https://www.ddw-online.com/can-singapore-become-a-global-hub-for-biotech-28873-202403/#:~:text=Singapore's%20status%20as%20'Gateway%20to,in%20the%20life%20sciences%20industry.%E2%80%9D
"The Agency for Science, Technology and Research (A*STAR) drives scientific discovery and technological innovation, bridging the gap between academia and industry to turn scientific research into viable business endeavours. In terms of drug discovery, every year the agency awards national grants through the Singapore Therapeutics Development Review (STDR), designed to boost the quality and quantity of drug development and biotech pipelines in Singapore3. As well as being a hub for pharmaceutical research and innovation, the pharmaceutical sector in Singapore is supported by a strong regulatory environment, with the Health Sciences Authority (HSA) at its centre.UK-based molecular diagnostics group Yourgene operates in Singapore. Dr Aarti Gokhale, Senior Director Business Development — APAC at Yourgene Health, explains why it has become such an important market: “Singapore was one of the first Asian countries to invest in building out an ecosystem for scientific research. Singapore’s status as ‘Gateway to Asia’ attracts the best talent and top pharma/biotechnology companies to establish R&D and manufacturing facilities. This confluence of people, industry and government support has created the perfect environment to drive innovation in the life sciences industry.”
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