Tuesday, May 30, 2023
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India: Medikabazaar to raise US$28.7m Series B

Medikabazaar, India’s largest online B2B marketplace for medical devices and supplies, is looking to raise Rs2bn (US$28.7m) from venture capital investors in Japan, Belgium and...

Saudi Arabia: NMC completes Saudi joint venture

GCC private healthcare operator NMC has inked its 52%/48% healthcare joint venture with Saudi Arabia’s Hassana Investment, the investment arm of the country’s pension...

Singapore: Alliance to raise S$6.4m in Catalist IPO

Singapore-based healthcare company Alliance Healthcare is to raise S$6.4m (US$4.65m) in an IPO on the Catalist board of the SGX. It intends to sell 32m...

Australia: Estia lowers earnings expectations

Shares in Estia Health plunged as much at 6% on Friday after the aged care operator lowered its full-year earnings expectations. The company said that...

Hong Kong: Union Medical issues positive profit alert

Union Medical Healthcare, the largest aesthetic medical service provider in Hong Kong, has said that it expects to record a more than 35% jump...

Singapore: Beverly Wilshire Medical Centre finally finds a buyer

In a canny deal to acquire a medical aesthetics group that has long been on the market at a knockdown price, investment holding company...

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...

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...

India: Diagnostics imagining in India continues to attract investment

Diagnostics imaging in India remains a sector to watch in India. Morgan Stanley India Infrastructure has taken a Rs1bn (US$14.2m) stake in HealthMaP Diagnostics,...

France: Orpea raises €500m from convertible bond

France-based long-term care group Orpea has raised €500m (US$560.4m) via what it has called a strongly successful a convertible bond. The eight year paper priced...