Lao People’s Democratic Republic: Health Sector Development Program

Since 1995, the Asian Development Bank had assisted the health sector in developing primary health care in the northern provinces of Lao People's Democratic Republic. It progressively builds up the Ministry of Health and the management capacity of the provinces through technical assistance and projects. Moving toward a more programmatic approach, ADB approved the Health Sector Development Program in November 2009 consisting of a $10.0 million program grant linked to priority policy actions and a $10.0 million investment project gran

Monitoring Universal Health Coverage in the Western Pacific: Framework, Indicators, and Dashboard

To guide the monitoring of progress toward universal health coverage, the World Health Organization Regional Office for the Western Pacific and ADB are developing a regional monitoring framework and a proposed set of core indicators.

Public-Private Partnership in Health: Consultant's Report

Consultants' Reports | June 2013

Consultant’s reports describe activities by a consultant or group of consultants related to preparing a technical assistance project.

This document dated June 2013 is provided for the ADB project 41664-012 in the Philippines.

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ADB Invests $60 Million in Private Equity Fund Targeting Improved Healthcare

News Release | 02 May 2014
Read time: 2 mins

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MANILA, PHILIPPINES – The Asian Development Bank (ADB) is investing up to $60 million in a new healthcare private equity fund focused exclusively on Asia.

ADB’s Board of Directors approved an equity investment in OrbiMed Asia Partners II, L.P, which is aiming to raise $300 million in capital to be invested in health care companies across Asia. The agreement was signed yesterday.

“Healthcare is a specialized sector with limited participation across mainstream institutional investors, particularly in Asia. As one of the anchor investors in the fund, ADB will help catalyze additional investments in healthcare companies and sub-sectors that are envisioned to improve the delivery of healthcare goods and services at higher quality and lower cost,” said Todd Freeland, Director General of ADB’s Private Sector Operations Department.

Providing affordable and high-quality healthcare is an increasing challenge for the region’s developing countries, particularly because of its unique patient and healthcare dynamics, including lower affordability, high prevalence of certain diseases, geographical dispersion, and urban and rural inequalities.

The fund intends to invest in companies across the healthcare sector in Asia. A substantial portion of portfolio investments are expected to take place in the People’s Republic of China (PRC) and India, including rural and second- or third-tier cities within those geographies. The targeted sectors include pharmaceuticals, medical devices and diagnostics, hospitals and health service providers, and contract research or manufacturing companies.

The fund is managed by OrbiMed Advisers LLC, a leading global investment firm dedicated to the healthcare sector, with approximately $10 billion of assets under management. Since 1993, OrbiMed has invested approximately $1.7 billion in more than 165 private healthcare companies. OrbiMed established its first pan-Asia health care private equity fund in 2008.

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Latest News

  • ADB Signs $44.2 Million Blue Loan with ALBA to Reduce Ocean Plastic Waste in Indonesia
    News from Country Offices | 06 June 2023
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  • ADB Records $11.4 Billion in Cofinancing, Focused on Resilience Against Economic Shocks
    News Releases, News Release | 05 June 2023
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为提高亚洲医疗水平,亚行向私募股权基金投资6,000万美元

News Release | 02 May 2014
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菲律宾马尼拉(2014年5月2日讯)— 亚洲开发银行(亚行)正在投资一支新成立的医疗保健行业私募股权基金,投资额高达6,000万美元,该基金仅面向亚洲地区。

亚行理事会已批准对奥博资本第二支亚洲基金(OrbiMed Asia Partners II, L.P.)进行股权投资,该基金目前正在进行总额为3亿美元的资金募集,用于投资亚洲地区的医疗保健企业。相关协议已于昨日签署。

亚行私营部门业务局局长托德•弗里兰(Todd Freeland)表示:“医疗保健是一个专业领域,主流机构投资者的参与程度有限,在亚洲尤其如此。作为该基金的锚定投资者之一,亚行将协助促进更多对医疗保健企业及子部门的投资,从而提供更高质量和低成本的医疗产品及服务。”

提供人们能够负担得起的高质量医疗,正在成为该地区各发展中国家所面临的日益严峻的挑战,主要原因在于该地区特有的病患和医疗情况,包括购买力水平较低、特定疾病高发、地域分散以及城乡不平等。

该基金计划对亚洲的医疗保健企业进行投资。大部分资金将投资于中华人民共和国(中国)和印度,包括这些国家的农村和二三线城市,投资领域包括制药、医疗器械和医疗诊断、医院和医疗服务提供者、合同研究或制造企业。

该基金由奥博资本管理。奥博资本是一家领先的全球投资公司,致力于投资医疗领域,管理着约100亿美元的资产。1993年起,奥博资本已投资超过165家私营医疗保健企业,投资总额近17亿美元。奥博资本于2008年成立了其第一支泛亚洲医疗保健行业私募股权基金。

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Latest News

  • ADB Signs $44.2 Million Blue Loan with ALBA to Reduce Ocean Plastic Waste in Indonesia
    News from Country Offices | 06 June 2023
    ADB Signs $44.2 Million Blue Loan with ALBA to Reduce Ocean Plastic Waste in Indonesia

    JAKARTA, INDONESIA (6 June 2023) — The Asian Development Bank (ADB) signed a $44.2 million blue loan with PT ALBA Tridi Plastics Recycling Indonesia, an ALBA Group Asia company, to establish a polyethylene terephthalate (PET) recycling facility in Central Java.

    ADB and the Leading Asia's Private Infrastructure Fund (LEAP) will each provide $22.1 million in funding for the project. Blue loans are financing instruments that aim to safeguard access to clean water, protect underwater environments, and invest in a sustainable water economy.

  • ADB Records $11.4 Billion in Cofinancing, Focused on Resilience Against Economic Shocks
    News Releases, News Release | 05 June 2023
    ADB Records $11.4 Billion in Cofinancing, Focused on Resilience Against Economic Shocks The financing partners of the Asian Development Bank (ADB) committed $11.4 billion in cofinancing of ADB projects in 2022 to help build the resilience of developing member countries and enable them to withstand economic shocks, according to the Partnership Report 2022: Driving Growth, Boosting Resilience.
  • ADB Helps Launch Vocational Education Project in PNG
    News from Country Offices | 01 June 2023
    ADB Helps Launch Vocational Education Project in PNG ADB and the governments of Australia and Papua New Guinea today launched a cofinanced project to improve the country’s technical and vocational education and training program.
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Tajikistan: Health Sector Reform Project

Validates the completion report's assessment of the project, which aimed to improve the management capacity and system efficiency of the health sector in Tajikistan. IED overall assessment: Successful

Addressing Diseases of Poverty

This publication outlines how the Asia-Pacific region can achieve the goals of control and elimination of neglected tropical diseases and contribute to poverty reduction and development among its most vulnerable populations.

Guidebook on Public–Private Partnership in Hospital Management

How to develop a public–private partnership in hospital management? This guidebook offers six simple, customizable steps.

Impact of Out-of-Pocket Expenditures on Families and Barriers to Use of Maternal and Child Health Services in Asia and the Pacific: Summary Technical Report

The burden of poor maternal, neonatal, and child health remains unacceptably high in many developing member countries.

To understand the barriers facing households in accessing maternal, neonatal and child health care, the ADB technical assistance project RETA-6515 analyzed data from routine national household expenditure surveys in six developing member countries: Bangladesh, Cambodia, the Lao People's Democratic Republic, Pakistan, Papua New Guinea, and Timor-Leste.

The findings reveal not only the rich evidence base available in these surveys, but also show how healthcare costs, quality, and physical barriers play differing roles in different countries in preventing access, and how families are often impoverished by accessing needed care.

Impact of Out-of-Pocket Expenditures on Families and Barriers to Use of Maternal and Child Health Services in Cambodia

This country brief examines the impact of out-of-pocket expenditures for maternal and child services based on analysis of the Cambodia Socio-Economic Survey 2007.

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