Wednesday, March 29, 2023
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US: NVA to split into two groups with plans to IPO

Global pet care organization, National Veterinary Associates (NVA), is forming two distinct businesses - Ethos Veterinary Health (Ethos), which will consist of 145 specialty...

Inner Mongolia: CS Medica secures investment from Inner Mongolia Rong Shi Hi-Tech and creates...

CS Medica, a Denmark-based medtech company operating within research, development, manufacturing, commercializing, and a part of the pharmaceutical industry, has entered into an agreement...

Belgium: Georges Rawadi appointed as CEO of Celyad Oncology

Celyad Oncology, a biotechnology company focused on innovative technologies for chimeric antigen receptor (CAR) T-cell therapies, has appointed Georges Rawadi as its new CEO....

Norway: Observe Medical secures new financing for short term needs

Nordic medtech company, Observe Medical, has entered into loan agreements of NOK10m (US$960,000) with its largest shareholders to cover short-term financing needs. The company...

UK: Kester Capital backs MBO of MAP

Kester Capital, a UK-based lower mid-market private equity specialist, has invested in MAP Patient Access, a market access consulting service to the pharmaceutical and...

Sweden: Palette turns to OrbiMed for debt facility in wake of SVB collapse

Global life sciences company, Palette Life Sciences, has signed a debt financing facility for up to US$75m with healthcare investor, OrbiMed. The non-dilutive capital...

UAE: ADQ integrates Acino with Pharmax

Acino, a Swiss pharmaceutical company and part of ADQ, an Abu Dhabi based investment and holding company, has integrated with another ADQ company, Pharmax...

Funding round-up: Vitestro, Sunrise, Fire1, Seamless Therapeutics

Germany: Seamless Therapeutics, a biotech company, has raised a US$12.5m in a seed financing round that will accelerate development of its designer recombinases, a...

Australia: ACL makes off-market bid for Healius

Healius, Australia’s second-largest pathology provider and third-largest diagnostic imaging provider, is the target of an off-market takeover bid from the country’s third largest private...

Australia: Brandon BioCatalyst and ANDHealth selected for BMTI programme

Brandon BioCatalyst, in partnership with ANDHealth, has been selected by the Australian Federal Government to deliver the A$50m (US$33.3m) BioMedTech Incubator (BMTI) programme. The investment, from...