Monday, September 28, 2020
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UAE: NMC Health goes into administration

Despite attempts to keep going, Alvarez & Marsal have been appointed joint administrators of private health provider NMC Health. New chairman Faisal Belhoul had called...

France: Withings raises US$60m Series B funding

Connect health specialists Withings has completed its US$60m Series B funding to accelerate the development of the next generation of consumer health devices that...

India: Columbia Pacific develops aged care business

Despite the “for sale” sign in the window, Columbia Pacific’s healthcare business is continuing to develop its aged care business. Senior living community operator Columbia...

UAE: Berkeley Research Group lands benchmarking programme agreement

Global consulting firm Berkeley Research Group (BRG) has been awarded a multiyear membership and services agreement with the Abu Dhabi Health Authority (SEHA) to...

China: Venus Medtech to partner with Haoyue Group on heart implants

Hangzhou-based, transcatheter heart valve company Venus Medtech has set up a joint venture company with Haoyue Group to develop high-end cardiovascular disease implant devices. Venus...

Ukraine: Horizon Capital takes stake in Dobrobut

US private-equity firm Horizon Capital has acquired a minority stake in Dobrobut, the leading private healthcare services provider in Ukraine. Financial details have not...

Singapore: ISEC shines with 6% rise in Q1 profits

First quarter results have proved difficult for a couple of healthcare companies in Singapore, although ISEC Healthcare has posted a 6% rise in profits. Women’s...

Malaysia: CFO to leave IHH Healthcare

Low Soon Teck has stepped down as chief financial officer of IHH Healthcare, Asia’s largest healthcare company. Low has been with the company since 2016....

France: CVC secures portability on Elsan debt

The financial future Elsan is rosier after its owner, British private equity firm CVC Capital Partners, secured portability on France’s second largest private hospital...

Sweden: Attendo signs new loan agreement

Scandinavia care services operator Attendo signed a new long-term credit facility to replace existing credit facilities that were signed in connection with its IPO...