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Switzerland: Polares Medical closes US$40m Series B funding

Clinical stage medical technology company Polares Medical has closed a US$40m round of financing led by Longitude Capital to advance the company’s clinical studies...

Sweden: Fredrik Gren to leave Ambea

After nine years with the company, Fredrik Gren has said that he is stepping down from Ambea, the largest care provider in the Nordic...

UAE: GMU signs training agreement with Thumbay University Hospital

Gulf Medical University (GMU) in Ajman, UAE, has signed an agreement with Thumbay University Hospital at Al Jurf, Ajman. The hospital will serve as...

India: Promoter of Metropolis sells stake to pay debt

The promoter and managing director of Mumbai-based diagnostics company Metropolis Healthcare has sold a 6.03% in the company to bring down debt. Ameera Shah sold...

Germany: Compugroup Medical raises €341m to support growth

Germany’s Compugroup Medical has raised €341m (US$383.3m) in a placement of shares to support further growth. It sold 5.3 million shares at €64 per share...

France: Affluent Medical raises €15.8m in private placement

Minimally invasive implant manufacturer Affluent Medical has raised €15.8m (US$17.7m) in a private placement led by venture capital firm Truffle Capital. It did so via...

Hong Kong: Honliv Healthcare launches HK$345m IPO

Honliv Healthcare, the owner of the second-largest for-profit private general hospital in China is looking to raise up to HK$345m (US$44.5m) in an IPO...

Australia: Sonic appoints Julian Adler as imaging head

Australian international pathology, imaging and medical centres operator Sonic Healthcare has appointed Julian Adler as chief executive of Sonic Imaging. Adler, a senior radiologist, was...

France: Icade signs solidarity based funding

French property group Icade has signed a five-year €150m (US$168.7m) solidarity-based revolving credit line with Crédit Agricole CIB and Crédit Agricole d’Ile-de-France. The facility includes...

Saudi Arabia: CMRC opens in Saudi Arabia

The UAE’s Cambridge Medical & Rehabilitation, a post-acute rehabilitation and long-term care facility, has opened its first medical and rehabilitation facility in Saudi Arabia...