Using knowledge from eastern and western practices, they prove how traditional medicine complements modern healthcare
Recognising the importance of a holistic approach in healthcare, the health and wellness entrepreneurs on Asia’s Most Influential list are helping people achieve optimal health with traditional Chinese medicine (TCM). They combine the longstanding wisdom of TCM, whose practices span thousands of years, with breakthroughs in science and medicine. For their brands that are distributed across several countries, they continually conduct research into new and upcoming products while adhering to international standards in production to formulate their solutions to myriad health concerns. As they prove how traditional medicine complements modern healthcare practices, these TCM business leaders are also addressing the demand of more and more people who are now prioritising disease prevention and health maintenance in their daily lives.
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Richard Eu, chairman, Eu Yan Sang International Ltd (Singapore)
Under his guidance, Richard Eu, chairman of Eu Yan Sang, turned the homegrown TCM store, which was founded by his great-grandfather in 1879, into a modern company that now offers a diverse range of products from 130 touchpoints across Asia—from Malaysia, where it has over 70 outlets, to Singapore, Hong Kong, Macau and China. Apart from these, Eu Yan Sang also runs 25 TCM clinics in Singapore and Malaysia and three medical centres in Hong Kong, with plans to expand its reach to North America.
The 144-year-old company combines the wisdom of TCM with science and technology, collaborating with universities to conduct research. The company also implements herb fingerprinting, which “enables precise quantification of the ingredients and properties of Chinese Medicine”. Today, Eu Yan Sang offers over 1,000 types of Chinese herbs and 900 products, such as concentrated bird’s nest, pure chicken essence and an oolong tea tin set, all of which are presented in a gift set for the Lunar New Year. The company also touts convenience, presenting its TCM solutions in easy-to-use capsules, pills and powders so that even more people can enjoy its benefits.