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...

UAE: NMC Healthcare signs US$80m Murabaha facility

NMC Healthcare, the largest healthcare provider in the United Arab Emirates, has signed a US$80m one-year revolving syndicated Murabaha facility. The facility will be utilised...

Switzerland: SamanTree raises SFr9.5m Series A

Lausanne-based breast cancer specialist SamanTree Medical has raised SFr9.5m (US$9.3m) Series A funding led by European venture capital group Panakès Partners and the Sioux...

Saudi Arabia: MEAHCO shares plunge on weak Q1 figures

Shares in Middle East Healthcare Company (MEAHCO), the largest healthcare company in Saudi Arabia, plunged almost 9% today after the release of weak first...

Singapore: Staff costs depress first half profits at AHS

For the first half of the year, profits at Asian Healthcare Specialists (AHS) declined as the orthopaedic specialists focused on its talent pool, and...

Singapore: Best healthcare services stocks return 15% year-to-date

The five best-performing healthcare services stocks in Singapore have returned 15% year-to-date according to a new Market Update from the SGX. Singapore’s healthcare sector is...

Saudi Arabia: National Medical Care reports 13% drop in Q1 revenues

Despite a decline in revenues, National Medical Care, which operates two hospitals in Saudia Arabia, has reported a rise in profits for the first...

Philippines: Metro Pacific Hospitals abandons IPO plans

Metro Pacific Hospitals, the healthcare unit of industrial conglomerate Metro Pacific Investments, has abandoned plans to IPO on the Philippine Stock Exchange. A deal had...

Belgium: Aedifica reports 89% take up of capital increase

Belgian healthcare REIT Aedifica has reported an 89% take up on its €418m (US$469m) rights issue. The company said that 5.5m shares had been taken...

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),...