ECON Healthcare Group

ECON Healthcare is a Singapore-based, publicly listed eldercare and healthcare services company focused on nursing home operations and related senior-care services in Singapore, Malaysia, and China. The group operates medicare centres and nursing homes, and also provides home care, rehabilitation, day care, senior activity centre, caregiver training, clinical services, traditional Chinese medicine, and ambulance/medical transport services. Founded from an eldercare business that dates back to 1987, ECON positions itself as a leading private eldercare operator in Singapore and Malaysia. Its business model is service-based rather than drug-development-based, with revenues generated from operating care facilities and delivering ancillary healthcare services. The company is therefore healthcare-related, but it is not a biotech or pharma pipeline company.