Japanese firm Mitsubishi has acquired a minority stake in Singapore-based Fullerton Health, with undisclosed financial terms. Fullerton Health plans to use the investment to expand in existing markets like Singapore, Indonesia, and the Philippines, as well as explore new markets in the region. The company operates in nine markets in the Asia-Pacific region, offering various healthcare services. Demand from corporate clients and insurers is expected to drive growth, with a focus on cost containment and maintaining care standards. Fullerton Health aims to introduce regional and local solutions through its regional footprint and digital capabilities. Mitsubishi highlighted rising healthcare costs in Southeast Asia due to chronic diseases, emphasizing the need for cost-effective healthcare solutions. The partnership aims to positively impact 10 million lives by scaling sustainably and delivering greater value to stakeholders.

Read more at Yahoo Finance: Mitsubishi picks minority stake in Singapore’s Fullerton Health