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: Jamjoom Pharma begins bookbuilding process ahead of IPO on Saudi Exchange
Pharmaceutical company, Jamjoom Pharma, is planning to offer 30% of its share capital through an initial public offering (IPO) and listing of shares on...
Norway: Observe Medical faces short term liquidity challenges
Nordic medtech company, Observe Medical, is facing liquidity challenges in the short and medium term.
In December 2022, announced plans to issue a NOK30-50m (US$2.8-4.7m)...
Sweden: Stenvalvet issues SEK500m green bond
Fastighets AB Stenvalvet, a community services property management company, has issued a SEK500m (US$45m) three-year green bond.
The unsecured bond pays floating interest rate of...
Netherlands: Philips confirms full year sales growth of 4-6%
Dutch health tech company Philips has reported underwhelming first quarter figures, although chief executive Frans van Houten confirmed that it remained on target for 6%...
Germany: Alloheim acquires Pro Talis Gruppe
Nordic Capital-owned Alloheim, Germany’s second-largest nursing home operator, has acquired Meppen-based care operator Pro Talis Gruppe. Financial terms have not been disclosed.
Pro Talis operates...
Luxembourg: Vesalius Biocapital III closes at €120m
Specialist life sciences venture capital investor Vesalius Biocapital has closed Vesalius Biocapital III at €120m (US$136.5m). This includes commitments of €30m from the European...
China: Citic Capital closes fourth China buyout fund at US$2.8bn
Citic Capital Partners, the private equity arm of investment management firm Citic Capital, has closed its fourth China buyout fund on a US$2.8bn hard...
UAE: Zanzibar government secures US$10m funding for hospital development
Abu Dhabi Fund for Development (ADFD) has signed an MoU with the government of Zanzibar in the Federal Republic of Tanzania to provide D37m...
UAE: Meddy raises US$2.5m Series A funding
Dubai-based doctor booking platform Meddy has raised US$2.5m in Series A funding to expand its operations in the UAE.
Founded in 2016, Meddy is the...
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