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Australia 4DMedical to IPO on ASX

Australian lung diagnostics company 4DMedical is to raise A$50m (US$35.6m) in an initial public offering on the ASX to help the company expand into...

Saudi Arabia: Almana General considers IPO

In what could be the country’s second healthcare initial public offering this year, Almana General Hospitals Group is said to be considering a possible...

Hong Kong: JD.com prepares to spin off JD Health

JD Health, the healthcare unit of JD.com, could go head-to-head with Tencent-backed healthtech platform WeDoctor as it plans to list on the Hong Kong...

Ghana: IFC supports expansion of Nyaho Medical Centre

IFC, a member of the World Bank Group, has made a US$5.2m loan to Nyaho Medical Centre to support the Ghanaian health care provider’s...

Malaysia: Top Glove brushes aside CBP charges and plans bonus share issue

Top Glove, the world’s largest manufacturer of medical rubber gloves, is planning a bonus issue on the basis of two shares for every share...

France: KKR in negotiations to buy Elsan

Global investment firm KKR is in talks to purchase French hospital group Elsan from private equity company CVC Capital Partners. The deal is rumoured...

UAE: Yas Holding expresses interest in NMC distribution business

Abu Dhabi-based investment group Yas Holding has expressed an interest in buying part of troubled hospital operator NMC’s distribution business. Three sources reportedly told Reuters...

France: Owkin closes Series A funding at US$70m

French healthtech company Owkin has raised US$18m from Mubadala Capital and Bpifrance in follow on financing to close its Series A funding at US$70m. Founded...

Switzerland: Polares Medical closes US$40m Series B funding

Clinical stage medical technology company Polares Medical has closed a US$40m round of financing led by Longitude Capital to advance the company’s clinical studies...

Germany: Compugroup Medical raises €341m to support growth

Germany’s Compugroup Medical has raised €341m (US$383.3m) in a placement of shares to support further growth. It sold 5.3 million shares at €64 per share...