Singapore, 8 March 2017 – Verita Healthcare Group (“Verita”) through its wholly owned subsidiary Verita Innovate Pte Ltd, has acquired a 97.6% equity stake in Allmedic Pty Ltd which is an Australian Skin Health company founded and operated by medical doctors who specialise and practice in the fields of skin cancer, medical cosmetology, molecular immunology, and skin allergies.

The company offers a medically researched solution for improving skin health via a range of skin protection and treatment products and devices.

The Company will be renamed Verita Allmedic Pty Ltd.

Singapore, 1 July 2017 – Verita Healthcare Group (“Verita”) through its subsidiary Verita Research Pte Ltd, has sold 100% of Australian Life Sciences Pty Ltd (“ALS”) located in Sydney, Australia to Verita Pharm Pty Ltd (“VP”) a subsidiary of Verita Healthcare Group.

ALS is the Pharmaceutical Research and Development company that both develops proprietary drug technology and provides full service support for Product Research & Development to external clients has been integrated with the GMP Pharmaceutical facility VP to develop a vertically integrated, multi-faceted manufacturing facility.

Singapore, 6 March 2018 – Verita Healthcare Group Limited (“Verita” or the “Company” and together with its subsidiaries, the “Group”) has made a strategic equity investment in Metabolic Health Solutions Pty Ltd (MHS).

MHS is at the forefront of precision metabolic medicine using a personalised approach to measure, monitor and manage metabolic disease.

Its Precise Metabolic Health™ solutions identify an individual’s unique metabolism and provide tailored nutrition and exercise programs that drive sustainable weight loss. Reducing excess weight helps prevent chronic disorders such as diabetes, cardiovascular disease, chronic fatigue, and neurological conditions.

Verita CEO, Julian Andriesz said: “A healthy metabolism is the foundation for one’s wellness. We are pleased to invest in MHS’ future technologies which complement Verita’s “next generation” healthcare services, comprising personalised, preventative precision medicine that identifies, prevents and reverses disease and extends overall human potential.

We shall be offering MHS’ metabolism optimization solutions at our global Verita Health centres, and through our upcoming Verita Wisdom platform offering mobile health check-ups and assessments for corporations and insurers.”

Singapore, 21 December 2017 – Verita Healthcare Group (Verita), through its wholly owned subsidiary Verita Life Holdings Pte Ltd, has acquired a 50.1% stake in Cancer Care Holdings Limited Mexico (CCHIM) which is establishing an integrative oncology clinic in Tijuana, Mexico targeting the high demand from cancer patients based in the USA. Verita will provide a renewable 5-year license of brand and intellectual property to the clinic and will hold a controlling interest in the clinic operations.

Like Thailand, Mexico is a recognised hub for medical tourism, and particularly for patients interested in cancer treatments and support. In addition to local marketing initiatives, Verita Connect, Verita’s medical tourism division, will direct patient enquiries to the clinic from the USA and South America.

Singapore, 7 December 2017 – Verita Healthcare Group (“Verita”) through its subsidiary Verita Innovate Pte Ltd has acquired a 19% of Acpharm Pty Ltd (with an option to acquire a further 32%) for the construction of a GMP Sterile/Non-Sterile Pharmaceutical facility in Sydney. The Non-Sterile facility commences production in October, 2017 with the Sterile facility expected to come online by Q2, 2018.

The facility has a foot print of approx. 700 m2. A 2-storey building, actual floor space is nearly double except for warehouse area.
It consists of one unit (Unit 3) of non-sterile clean room (50 m2) and warehouse and goods inwards/outwards and a second unit ( Unit 5) dedicated to QMS staff office (90 m2) and 4 individual sterile suites of approx. 80 m2 each suite.
Based on the size and excess capacity I believe this facility has the capacity to produce sales of $20 million per annum before any significant refurbishment or upgrade.

There are 5 clean suites. One non-sterile for creams and liquid production and 4 sterile suites with 3 different HVAC configurations for negative and positive air flow and a powder containment compounding area.

ACPharm’s main focus will be hospital supply in the boutique compounding area. With its pedigree in sterile pharmacy compounding to patients and doctor’s clinics the next obvious step was to enter into the fields of GMP compounding for supply to the Australian hospital system and Universities for clinical trials. ACPharm currently has an Annex 13 TGA Clinical trial licence for oral pastes and suspensions and is about to apply to expand our non-sterile license into solid dose form for clinical trials and small batch manufacture.
Our sterile facility will be focusing on large volume parenteral and small volume parenteral supply to hospital.

Capabilities will include:
Mono clonal antibodies
Total Parenteral nutrition
Nutritional Injectables
General small batch compounding preserved saline and specialized solutions
Veterinary Medicine for Equine, Camels, Companion Animals and wild species
Hormones, Anti Inflammatory steroids
Prefilled syringes for hospital pain management and eye disease and hospital ward use.

Clean Suite 1 – Is a positive pressure area which will be concentrating on Total Parenteral nutrition, nutritional products including veterinary as well as human, Monoclonal anti-bodies and other low hazard large volume injectable products in bags and small volume injectables in Vials.’

Clean Suite 2 – Is intended for syringe filling using nested vials and syringes.

Clean Suite 3- Will be another positive pressure areas with abilities similar to Clean Suite1. It will also act as a backup unit and excess capacity for the main operational suite.

Clean Suite 4 – Is a traditional pharmacy compounding suite. Designed for individual compounding of high hazard products from non-sterile starting materials and with powder containment area and a large scale CISA commercial autoclave for terminal sterilization processes.

Singapore, 23 January 2018 – Verita Healthcare Group (“Verita”) through its subsidiary VERITA/THE WELLNESS CLINIC have opened “ART by Verita” the Medispa arm of VERITA/TWC in Wheelock place, Orchard Road offering a full range of medispa treatments including anti-aging, hair loss and body contouring services.

At ART medispa, our goal is to enhance, rejuvenate and improve your appearance. Our clinicians use a combination of medical technology and the best in skincare to create the most effective treatments. We provide each client with an individualized plan tailored to their needs and desires and create a memorable experience in a comfortable and private environment.

ART offers anti-aging, hair loss and body contouring services to complement our facial aesthetics procedures to help create a more youthful appearance. All treatments and procedures are designed by board certified doctors and administered by professionals under clinical supervision. Our aestheticians and therapists are skin and body experts and can help recommend the best treatments for your unique needs. Packages are available for all treatments. Whether you seek a treatment out of luxury or necessity, our exclusive and relaxing ambiance nurtures both beauty and wellness and will leave you with a peaceful mind and a radiant glow. See below links for details.

Singapore, 30 June 2017 – Verita Healthcare Group (“Verita”) through its subsidiary Verita Healthcare Pte Ltd has acquired 68% of The Wellness Clinic Pte Ltd (“TWC”) located in Camden Medical Centre, Singapore.

TWC uses safe, proven, high quality non-surgical treatments and therapies tailored to the individual owned and operated by Dr Ram a highly trained MBBS (UK) with a solid foundation in aesthetics and cosmetic medicine trained and mentored with experienced practitioners in Singapore, Australia, Korea and USA.

The Clinic will be rebranded under the Verita brand and renamed Verita The Wellness Clinic.

The philosophy at The Wellness Clinic is to provide each patient with safe, proven, high quality therapies that are individually tailored to meet their needs and aspirations. We aim to be innovative and to only use fully-tested, non-surgical rejuvenation and anti-aging treatments to achieve excellent results for each patient. TWC’s philosophy demands that we provide frank, honest and realistic assessment and advice in order to meet patient expectations and avoid unnecessary disappointment. Patient privacy, dignity and confidentiality are always respected. Each individual will always be welcome and valued as our patient and treated accordingly with courtesy and consideration.

TWC employs a team of skilled aestheticians and has an excellent range of leading anti-aging technology and equipment. Offering a wide selection of safe, effective and practical rejuvenation therapies and aesthetics treatments.

Singapore, 16 February 2017 – Verita Healthcare Group (Verita), through its joint venture company Verita Thailand Pte Ltd, has opened Verita Health, an advanced preventative and longevity medicine centre in Bangkok, Thailand.

The world class anti-aging centre, which is approximately 10,000 sqft in size, is located at the iconic MahaNakhon complex in Bangkok’s which is Thailand’s tallest and most expensive development with serviced apartments managed by the Ritz-Carlton and includes high-end brands such as L’Atelier de Robuchon and Vogue.

The centre will act as a regional centre of excellence and training and as a model for Verita’s expected roll out of advanced anti-aging centres in the Asia Pacific region and Europe.