Navigation Links
Outstanding Healthcare Companies in Asia Pacific Honored
Date:4/21/2009

SINGAPORE, April 21 /PRNewswire/ -- Frost & Sullivan presented 20 awards to the best companies in Asia Pacific's Healthcare sector at the 2009 Frost & Sullivan Asia Pacific Excellence in Healthcare Awards held today at the InterContinental hotel in Singapore.

(Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)

Held for the fourth consecutive year, the awards banquet recognised companies across pharmaceuticals, clinical diagnostics, imaging, generics, biotech, clinical research organisations and medical devices sectors. The evening of achievement and celebration saw regional and local representation from the healthcare industry.

Of those in attendance to receive their coveted titles were the who's who of the industry like Ahmet Genel, Managing Director, Pfizer; Mark Engel, Chairman, Excel Pharmastudies; Elmo de Alwis, CEO and Managing Director, Sigma Pharmaceuticals; Dr. Wim M. M. Botermans, Regional Managing Director, Asia, IBA Health; Grace Park, Singapore Country Director, Medtronic; Tony Wilkey, CEO, Prudential Corporation Asia; amongst several others.

Speaking at the banquet, Reenita Das, senior vice president for Healthcare practice at Frost & Sullivan Asia Pacific, commented that the healthcare sector in Asia is expected to perform better than its counterparts in the US and Europe in the coming years. She added that Frost & Sullivan predicts that Asia will take up about 25 percent of revenues in the next 3 years, from its current level of approximately 18 percent.

Elaborating on the likely cause for this shift, Reenita said, "Asia has evolved to become the new frontier for pharmaceutical firms in search of their next blockbuster drug while keeping research costs low. Companies need to set their strategic sights on a future global environment where Asia will not only be a product market, an outsourcing center or a manufacturing powerhouse but also a key component of drug discoveries and high end innovation."

Frost & Sullivan ascertains the growth in Asia Pacific healthcare through the annual excellence awards where best-practices, high-end innovation and drug discoveries in Asia are recognised and applauded.

The Awards seek to showcase best practices in the industry segments which are synonymous with Frost & Sullivan in-depth analysis and coverage of the Healthcare industry. In keeping with our time-honored commitment in pursuit of excellence and innovation, the awards offered are carefully reviewed and evaluated to reflect the current market landscape and include new emerging sectors.

Frost & Sullivan analyst team short-lists companies for each award category, based on detailed research on market performance. Additionally, interviews are conducted with key personnel of short-listed companies to substantiate, validate and update information collected about each company. The information is then consolidated and a competitive matrix is prepared for internal panel of judges to deliberate before the final list of recipients is derived.

The companies commended as award recipients are those that have displayed exemplary achievements in areas such as market leadership, marketing strategy, business development strategy, innovation, breadth of services and solutions, growth strategy and customer acquisition strategy, geographical presence, amongst others.

Two special awards have been added into the honour-roll this year in a bid to recognise the services of companies not operating within the healthcare space but serving the healthcare community at large. They are the 2009 Healthcare Insurance Company of the Year and the 2009 Singapore Entrepreneurial Company of the Year.

Speaking about the inclusion of these awards Sohini Mitra, Research Manager for Healthcare practice at Frost & Sullivan says "As consumers' purchasing power grows, along with a growing awareness of therapeutic options, healthcare insurance has begun to assume greater significance than ever before. Keeping the enhanced significance of healthcare insurance in view, we took our first step this year, towards recognizing best practices in this industry and plan to continue doing so in the coming years"

~ Frost & Sullivan congratulates all the outstanding recipients of the 2009 Frost & Sullivan Asia Pacific Excellence in Healthcare Awards ~

                                   Healthcare IT
    Healthcare IT Company of the Year                InterSystems Corporation
    Healthcare IT Competitive Strategy
     Leadership of the Year                          IBA Health Group Limited


                                  Pharmaceuticals
    Multinational Pharmaceuticals
     Company of the Year                             Pfizer Inc.


                                Generics and Biotech
    Generics Company of the Year                     Sigma Pharmaceuticals
                                                      Limited
    Biotech Company of the Year                      CSL Limited


                           Clinical Research Organisation
    Clinical Research Organization of the Year       Excel PharmaStudies Inc
    Clinical Research Organization Competitive
     Strategy Leadership of the Year                 Excel PharmaStudies Inc
    Clinical Research Organization Growth Strategy
     Leadership of the Year                          Excel PharmaStudies Inc


                                  Medical Devices
    Self-Monitoring Product of the Year              i-SENS Inc.
    Minimally Invasive Devices Company of the Year   Medtronic International
                                                      Limited
    Medical Devices Distributor of the Year          Berli Jucker Public
                                                      Corporation
    Medical Devices Emerging Company of the Year     Uscom Limited


                                Clinical Diagnostics
    Clinical Diagnostics Company of the Year         Roche Diagnostics Limited


                                      Imaging
    Ultrasound Company of the Year                   Siemens Healthcare
    Digital Radiology Company of the Year            Philips Healthcare
    Medical Imaging Competitive Strategy
     Leadership of the Year                          Carestream Health Inc.
    Medical Imaging Market Leadership of the Year    Philips Healthcare
    Medical Imaging Product Innovation of the Year   ACIST Medical Systems


                                 Healthcare Insurance
    Healthcare Insurance Company of the Year         Prudential Corporation
                                                      Asia


                                Entrepreneurial Company
    Singapore Entrepreneurial Company of the Year    Moleac Pte. Ltd.

The Awards banquet is supported by IBM. Media partners include Asia Pacific Biotech News, BioSpectrum Asia, Business Today, Chinamedi.com, Medical News, Medical Supplies Annual Directory, Pharma in Focus, and Pharma Asia. Supporting organisation for the awards is Infinity21 and the official newswire is PR Newswire.

For more information on the annual healthcare awards visit, www.healthcare-awards.com

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

    Media contacts:
    Neethiya Sadagopal                            Surbhi Dedhia
    E: neethiya.sadagopal@frost.com               E: surbhi.dedhia@frost.com
    T: +65.6890.0966                              T: +65.6890.0926


'/>"/>
SOURCE Frost & Sullivan
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. J.D. Power and Associates Reports: Hackensack University Medical Center Recognized as First Hospital to Achieve Distinction for Providing an Outstanding Inpatient Experience in All Four Service Areas
2. Elder Caregiving Site ShirleyBOARD.com Wins WebAward for Outstanding Online Community
3. J.D. Power and Associates Reports: Rush-Copley Medical Center Recognized for Third Consecutive Year for Providing an Outstanding Inpatient Experience
4. Kensey Nash Reports Acceleration of Stock Awards Triggered by Shareholder Acquisition of Greater Than 20% of Outstanding Shares
5. MedQuist Updates Status of Outstanding SEC Filings
6. Nastech Pharmaceutical Company Announces the Jeffrey Wenig Memorial Award for Outstanding Achievement in Drug Delivery
7. MSA Recognized as Outstanding Product Innovator
8. World Health Organization thanks CBM For their outstanding work
9. NARSAD - the Worlds Leading Mental Health Research Charity - Presents 2007 Prizes for Outstanding Psychiatric Research at New York Gala, October 19th
10. Easter Seals Awards State and Municipal Public Officials With 2007 Outstanding Advocate Awards
11. Leading Childrens Hospital Utilizes MEDais Solutions to Deliver Outstanding Care
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2016)... ... , ... "With 30 hand-drawn hand gesture animations, FCPX users can easily customize ... Pixel Film Studios. , ProHand Cartoon’s package transforms over 1,300 hand-drawn pictures into ... Simply select a ProHand generator and drag it above media or text in the ...
(Date:6/25/2016)... Oklahoma City, Oklahoma (PRWEB) , ... June 25, ... ... to helping both athletes and non-athletes recover from injury. Recently, he has implemented ... for the Oklahoma City area —Johnson is one of the first doctors to ...
(Date:6/24/2016)... Angeles, CA (PRWEB) , ... June 24, 2016 , ... ... surgery procedures that most people are unfamiliar with. The article goes on to state ... procedures, but also many of these less common operations such as calf and cheek ...
(Date:6/24/2016)... (PRWEB) , ... June 24, 2016 , ... Marcy was in a crisis. Her son ... lash out at his family verbally and physically. , “When something upset him, he couldn’t ... would use it. He would throw rocks at my other children and say he was ...
(Date:6/24/2016)... ... June 24, 2016 , ... Dr. Amanda Cheng, an ... Dr. Cheng has extensive experience with all areas of orthodontics, including robotic Suresmile ... orthodontics. , Micro-osteoperforation is a revolutionary adjunct to orthodontic treatment. It can ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... CHAPEL HILL, N.C. , June 24, 2016 ... in healthcare decisions and regulators/payers have placed more ... this new environment, patient support programs in the ... support for patients, medications. Consequently, pharmaceutical companies are ... to ensure they are providing products and services ...
(Date:6/24/2016)... CAMBRIDGE, Mass. , June 24, 2016 /PRNewswire/ ... the Spaulding Rehabilitation Network,s Dean Center for ... of Physical Medicine and Rehabilitation, MIT Hacking Medicine, ... Center for Innovation, today announced the five finalists ... Hackathon for Lyme disease.  More than 100 scientists, ...
(Date:6/24/2016)... 2016 The Academy of Managed Care Pharmacy ... that would allow biopharmaceutical companies to more easily share ... formulary and coverage decisions, a move that addresses the ... The recommendations address restrictions in the sharing ... drug label, a prohibition that hinders decision makers from ...
Breaking Medicine Technology: