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Singapore medical technology startups target overseas growth

Innovative products win backing from international investors

EndoMaster's robotic surgical arm uses joystick-like controllers. (Photo courtesy of EndoMaster)

SINGAPORE -- A medical technology cluster is developing in Singapore, with a collection of startups creating products that could help advance patient care. While the medical technology field in Singapore is relatively new, there is no lack of innovation in the sector, from the world's first portable kidney dialysis machine to a robotic surgical arm that can be operated like a console game.

Local startups have been raising increasing amounts of capital, mainly from foreign investors, and linking with foreign companies and medical organizations in efforts to develop and bring their products to market. But high development costs and the lack of a breakthrough local success story could hold the sector back.

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