Business Daily Media

The Times


.

Inaugural Medical Research Fund Launched by Tanoto Foundation to Drive Research into Range of Diseases Prevalent in Singapore

  • New fund to support research into cardiology, maternal and child health, diabetes, oncology, infectious diseases
  • Up to S$5 million per year set to be distributed to a range of medical research projects

SINGAPORE - Media OutReach - 28 September 2023 - Tanoto Foundation has today announced the launch of a new Medical Research Fund that will provide up to S$5 million per year in funding to support research into a range of diseases that are prevalent in Singapore, in the areas of cardiology, maternal and child health, diabetes, oncology and infectious diseases.

The Fund will prioritise research projects in the cardiology and maternal and child health areas in its first year of operation. Projects will be selected based on a number of specific criteria and will be reviewed and assessed by an external advisory panel comprised of clinical experts and medical professionals.

The clinical areas were selected based on their impact on local populations in Singapore and the wider region - e.g.: about one in three deaths in Singapore is due to heart disease or stroke and it is estimated that the number of people living with cancer will continue to increase, while improving maternal and newborn health remains a key focus of public policy in Singapore and in other countries in the region.

Belinda Tanoto, Member of the Board of Trustees, Tanoto Foundation, said: "We have set up this Fund as a way to consolidate our support for medical research. The Fund will focus on these five clinical areas, which affect the lives of thousands of people in Singapore and Asia".

"We aim to support research projects that are first in their field and game-changing, potentially addressing healthcare concerns for diseases common in Singapore and the region, and to cultivate local research talent. In addition, we also aim to attract additional funding into medical research initiatives here in Singapore and in neighbouring countries," said Ms. Tanoto.

The criteria which will be used to evaluate proposals submitted to the Fund include the following:

  • Potential for impact: potential to improve health outcomes, clinical practices and technical capabilities leading to clinical translation and innovation.
  • Robustness of approach: relevance and robustness of strategy, methodology and analyses to accomplish project aims and impact outcomes.
  • Track record of study team: the excellence and accomplishments of the study team and potential/plan for talent development.
  • Strength of collaboration: the collaborative effort of multi-disciplinary teams, ideally involving cross collaboration across Singapore healthcare clusters.

The new Fund, which is the first of its kind to be set up by a private philanthropic organisation in Singapore, will build on Tanoto Foundation's existing support for medical research in Singapore. Since 2009, the Foundation has given more than S$20 million to support various medical research and healthcare programmes in Singapore.

The Foundation has partnered with SingHealth Duke-NUS Academic Medical Centre to establish Professorships and research initiatives in the areas of diabetes, medical oncology and cardiovascular medicine. Also, last year, in line with nationwide efforts to combat diabetes, Tanoto Foundation joined forces with the National Healthcare Group to set up a diabetes reversal programme in Singapore.

The Fund is also designed to encourage collaboration between medical institutions and to take advantage of Singapore's standing as a regional hub for medical research.

"The Fund is not just focused on providing monetary support but encouraging collaboration between people, ideas and networks. We also want to strengthen Singapore's medical research ecosystem by promoting research excellence and better healthcare here and in the wider region. In recent years, Singapore has been able to attract world renowned scientists and healthcare talent and is uniquely positioned to serve as a medical research hub for Asia," said Ms. Tanoto.


Hashtag: #TanotoFoundation

The issuer is solely responsible for the content of this announcement.

About Tanoto Foundation

Tanoto Foundation is an independent philanthropic organisation founded in 1981 by Sukanto Tanoto and Tinah Bingei Tanoto based on the belief that every person should have the opportunity to realise his or her full potential. Tanoto Foundation programmes stem from the belief that quality education accelerates equal opportunity. We harness the transformative strength of education to realise people's full potential and improve lives. Tanoto Foundation focuses on making an impact in three main areas: improving learning environments, future leader's development, as well as medical research and sciences. More information is available at .

News from Asia

Booster Pack 09 "Here He Comes! Our Hero!" & Starter Deck 04 "Ultraman & Ultraman Cosmos" To Be Released on Friday, October 23! The Showa Ultraman Series Makes Its First Appearance!

SINGAPORE - Media OutReach Newswire - 10 July 2026 - Tsuburaya Productions Co., Ltd. (Head Office: Shibuya-ku, Tokyo; President and CEO: Masayuki Nagatake) is pleased to announce the release of Bo...

The 15th Canon x McDull Inter-school Ink Cartridge Recycling Award Presentation Ceremony Advancing Environmental Education with Collective Efforts

HONG KONG SAR - Media OutReach Newswire – 10 July 2026 - Canon Hongkong Company Limited (Canon Hong Kong) successfully held the "15th Canon x McDull Inter-school Ink Cartridge Recycling Award Pre...

Cushman & Wakefield Takes Three Prizes at 12th Phoenix Tree Marketing Awards 2026

HONG KONG SAR - Media OutReach Newswire – 10 July 2026 - Cushman & Wakefield, a leading global real estate services firm, has won the Silver Prize in the Integrated Marketing category at the ...

Hong Kong hosts first LEAP East, drawing 35,000 global innovators

HONG KONG SAR - Media OutReach Newswire - 10 July 2026 - The inaugural LEAP East 2026 was held at the Hong Kong Convention and Exhibition Centre (8-10 July), gathering more than 35,000 technology ...

"TVB Green Summit 2026" was Successfully Held

A Smarter Green Future: A New Era of GreenTech Enabled by AI Government, Business and Research Leaders in Dialogue on AI-empowered Green TechnologyHONG KONG SAR - Media OutReach Newswire - 10 July...

Green SM Wins Double Honors at the HR Asia Awards 2026

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 10 July 2026 - Green SM has been recognized with two prestigious accolades at the HR Asia Awards 2026: "Best Companies to Work for in Asia – V...

Cambodian secondary school championing environmental practices wins US$15,000 AIA Outstanding Health & Sustainability Award 2026

KAMPOT, CAMBODIA - Media OutReach Newswire - 9 July 2026 - Angchum Lower Secondary School – a secondary school in Kampot, Cambodia, which has launched a "Plastic Free School" campaign and is champ...

SNP and Palantir form strategic partnership to accelerate secure SAP transformations

SNP builds on Palantir platforms to deliver new AI-powered solutions for solving mission-critical customer challenges The partnership will build on SNP's strong base with more tha...

FEV collaborates with Microsoft on efficient AI model approach for in car applications built on NVIDIA

AACHEN, GERMANY - Newsaktuell - 9 July 2026 - FEV is collaborating with Microsoft to integrate powerful, in-vehicle Generative AI capabilities built on NVIDIA GPU-accelerated compute and AI model m...

Thailand’s BOI Approves $688 Million Nestlé Investment for AI-Driven Regional Coffee Hub

BANGKOK, THAILAND - Media OutReach Newswire - 9 July 2026 - The Thailand Board of Investment (BOI) approved on 8 July a USD 688 million (23 billion baht) investment by Nestlé (Thai) Co...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...