Saturday, September 21, 2019

China: The CareVoice closes Series A funding

Shanghai-based The CareVoice, a health insurtech company, has completed its US dollar Series A funding led by a global investment group, LUN Partners Group,...

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...

Australia: Optiscan Imaging raises A$1.7m in ASX placement

Optiscan Imaging, which develops microscopic imaging technologies for medical markets, has raised A$1.7m (US$1.2m) in a stock market placement. It sold 42.5 million shares at...

Nigeria: GE Healthcare and Access Bank provide healthcare financing

Access Bank and GE Healthcare are to provide sustainable healthcare equipment financing to private healthcare providers. Under the partnership, borrowers will be able to...

India: LGT Lightstone Aspada invests in Kauvery Hospitals

Kauvery Hospitals has raised Rs1.4bn (US$19.5m) equity from LGT Lightstone Aspada. Proceeds will be used to deepen Kauvery’s presence in Tamil Nadu and expand...

China: Tencent continues healthcare investment offensive

China’s internet giant Tencent is continuing its scattergun investment within healthcare, leading the US$7.4m Series A funding for QTC Care, a platform dedicated to...

Kenya: CarePay International raises US$45m Series A

Dutch-African CarePay International has raised US$45m in Series A funding to deliver healthcare services using mobile technology. The new capital will be used to expand...

Brazil: Afya plans Nasdaq IPO

Crescera Investimentos-backed medical and healthcare education group Afya intends to raise US$100m in an IPO in New York. Founded in 1999, Nova Lima-based Afya has...

US: Siemens Healthineers buys US robotics company for US$1.1bn

Siemens Healthineers has agreed to buy Corindus Vascular Robotics, the US developer of robotic-assisted vascular interventions, in a US$1.1bn deal. Siemens Medical Solutions, a subsidiary...

Germany: Rhön-Klinikum reports “pleasing results” for Q1

German hospital group Rhön-Klinikum has reported what it calls “pleasing results” for the first quarter of the year. Although profits dropped 14.4% to €8.9m (US$10m),...