Monday, September 28, 2020
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Egypt: Norges Bank invests E£7.2m in Cleopatra Hospital

Norges Bank has invested E£7.2m (US$459,249) in Egypt’s largest hospital group, Cleopatra Hospital. The Norweigan bank purchased a total of 1.5 million shares, equalling...

Spain: Clinica Baviera temporarily lays off 87% staff

Spanish ophthalmology group Clinica Baviera has temporarily laid off 87% of its workforce in Spain because of the effects of Covid-19. In a letter, it...

Finland: Neuro Event Labs raises €3.9m Series A

Finnish healthtech company Neuro Event Labs has raised €3.9m (US$4.3m) Series A funding from Hadean Ventures, SHS Capital and Maki.vc to support commercial expansion...

Sweden: Trialbee raises €11m in venture round

Software company Trialbee, which delivers solutions and services to the pharmaceutical industry, has closed an €11m (US$12.1m) venture round to expand the company and...

Global: DFC launches health and prosperity initiative

Development bank US International Development Finance Corporation (DFC) has announced a new health and prosperity initiative, which includes a call for proposals from private...

Germany: Fresenius Helios acquires MKHB

Fresenius Helios, the hospital arm of German healthcare group Fresenius, is to acquire the Malteser Hospital (MKHB) in the western German city of Bonn...

Malaysia: BCM Alliance to raise M$15.4m in share sale

Medical device distributor BCM Alliance is to raise M$15.4m (US$3.6m) in a sale of shares to Bumiputera investors. It is looking to sell 60.2 million...

US: Teladoc bets on telemedicine with US$18.5bn acquisition

Telehealth giant Teledoc Health is to acquire online chronic illness manager Livongo Health for US$18.5bn as it bets heavily that the enthusiasm for telemedicine...

Netherlands: Capsa Healthcare acquires RoboPharma

Levine Leichtman Capital-owned Capsa Healthcare is to acquire Waalwijk-based pharmacy automation company RoboPharma. Financial terms have not been disclosed. RoboPharma delivers customised high-speed prescription filling solutions...

Japan: Ossur sets up Ossur Japan

Reykjavik-headquartered prosthetic and non-invasive orthopaedic manufacturer Ossur has established Ossur Japan in Tokyo which will be fully operational from January next year. “Our new operation...