$MEDTECS INTERNATIONAL CORP LTD(546.SI)$ This is a company which has over 50% of the business in Europe and North America. With the second wave currently in Europe and North America, although this shouldn't be as lucrative as before, it still won't disappoint when compared with how much it was earning before. Covid19 might be longer term even though vaccine may come out anytime but will not distributed as fast as many countries can do. Vaccine's efficiency may also come to question in its immunity duration. This may mean Medtecs sustains some momentum though not as strong as during the first outbreak. Key is how fast countries can learn to live with Covid19 safely and then this investment may become further weaker.

$MEDTECS INTERNATIONAL CORP LTD(546.SI)$ Update. There is an increasingly tense vaccine supply problem in the West. The protectionism in vaccine would need to be dealt with by the West, if not, it will just prolong the Medtec’s business. There is also a kind of nationalism in vaccines with Germany, US and also the UK about their vaccine’s efficacy. It is not going to help in spreading the vaccine immunization with pride and protectionism.Nevertheless, new variants such as the South African variant has shown that it can better evade the immunity conferred by the new Western vaccines such as Novavax etc. in terms of its poorer efficacy. Whatever the speed of immunization that happen in Israel, UAE or the UK, they might be reset back t