Private health group and Siemens unit open diagnostic-imaging centre

The Business Times by ANNABETH LEOW


HEALTHCARE staff from around the region have a new space to get their hands on the latest tools from German engineering giant Siemens.

Private healthcare group MWH Medical and a Siemens division opened a diagnostic imaging facility in Singapore on Tuesday, under a training and equipment tie-up.

The Siemens Healthineers Asia Reference Centre, which takes up about half of MWH Medical's 20,000 square foot space at Royal Square at Novena, will focus on medical fields such as stroke, cancer and heart disease.

The facility will introduce healthcare professionals to devices such as the 3T Magnetom Vida magnetic resonance imaging and Somatom Drive computed tomography scanners, with training resources and machines provided by Siemens Healthineers.

MWH Medical's medical director, Michael Lim, said in a statement: "Being able to meet the healthcare needs in the region through this partnership with Siemens Healthineers' state-of-the-art technology will help to enhance the status of Singapore as a regional health centre for high-quality healthcare."

Neither party would disclose the value of its investment in the centre.

Private equity firm Quadria Capital picked up a "significant stake" in home-grown MWH in July last year, in what was described at the time as a "multi-million dollar" deal. A firm named Solar QC Investment Holdings owns 60 per cent of MWH Medical, according to Accounting and Corporate Regulatory Authority records.