Sweden: Medicover reports strong growth for Q1
Swedish healthcare and diagnostics provider Medicover has reported strong growth for the first quarter of the year. Revenues were up 23.3% to €199.7m (US$223.3m).
“We...
Finland: Standout Capital takes majority stake in X-akseli
Stockholm-based private equity firm Standout Capital has invested in patient flow management software company X-akseli. Financial terms have not been disclosed, though Standout will...
China: Stellar debut for SoYoung
Shares in Beijing-based SoYoung, China’s largest online medical aesthetic marketplace, had a stellar debut on Nasdaq yesterday. The shares traded up 32%.
At one point...
Singapore: Nuffield Dental signs convertible loan agreement
Singapore’s Nuffield Dental has signed a three-year S$2.25m (US$1.7m) 5% convertible loan agreement with Zenmedic Capital, an investment company made up of SGX-listed HC...
Germany: Profits jump 24% at Siemens Healthineers
The Imaging and Advanced Therapies businesses have driven impressive Q2 results at the German health-tech business that beat expectations.
Profits at Siemens Healthineers were up...
Germany: Fresenius looks forward to 2019
Fresenius has reported a steady first quarter after a challenging 2018 for the German healthcare group.
Net income was up 3% to €465m (US$521.1m) on...
India: A new suitor for Medall Healthcare
The Indian healthcare space remains the one to watch. China’s Fosun International group is looking to acquire Medall Healthcare, which runs a chain of...
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...
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%...
Singapore: Q1 profits slump at Raffles Medical
First quarter profits have slumped at Raffles Medical Group (RMG), the largest private medical group practice in Singapore, thanks to startup costs in China.
Profits...
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