Singapore's medical risk takers
9 August 2013 Last updated at 05:52 BST
Singapore's Prime Minister Lee Hsien Loong revised up Singapore's growth forecast for this year to 2.5-3.5%.
One of the ever-strengthening sectors that makes up Singapore's economy is the medical industry.
To help boost growth, the government is now pumping billions of dollars into research and development.
Ashleigh Nghiem has been to meet some of those taking a chance in this risky but potentially lucrative field.