South Africa: RH Bophelo acquires Genric Insurance

JSE-listed healthcare special purpose acquisition company RH Bophelo has acquired 25% stake in niche insurer Genric Insurance for R52.5m (US$3.5m). The company said that it...

Singapore: Trendlines rights issue at 19.3% premium to share price

SGX-listed Israeli medical and agricultural technology incubator Trendlines has taken the unusual step of trying to raise capital at an enthusiastic premium to where...

France: Icade and Korian break ground on new facility in Saintes

Icade and Korian have broken ground on their upcoming post-acute care (PAC) facility in Saintes, Nouvelle-Aquitaine. The Korian health complex, which will open its doors...

France: Robocath carries out first robotic coronary angioplasties

Rouen-based Robocath, which designs cardiovascular robotic systems to treat vascular diseases, has successfully carried out its first two coronary angioplasties with assisstance of its...

Israel: Body Vision Medical raises US$20m Series C

Body Vision Medical, a commercial-stage medical device company specialising in lung cancer diagnostics and treatment through real-time software technologies, has closed US$20m in Series...

India: SuVitas raises funds for expansion

Hyderabad-based SuVitas, a provider of inpatient transition care facilities, has closed an undisclosed round of funding from a group of investors led by Axon...

Sweden: Medicover raises €120m in debt markets

Swedish healthcare and diagnostics provider Medicover has raised €120m (US$131.3m) in the private debt markets. It has done so via its maiden Schuldschein issue, a...

Saudi Arabia: Sulaiman Al Habib Medical Group gets IPO approval

Saudi Arabian hospital operator Sulaiman Al-Habib Medical Group has had its plans for an initial public offering approved by the Capital Market Authority (CMA)....

India: Metropolis to acquire Gujarat laboratories

Mumbai-based diagnostics company Metropolis Healthcare has acquired four laboratories in Gujarat for Rs180m (US$2.5m). All four laboratories – Doctor's Clinical Laboratory, lyer Pathology Laboratory, Nagar...

Hong Kong: Fosun Pharma to increase stake in Sisram Medical

Chinese listed pharmaceutical company Fosun Pharma intends to up its stake in medical aesthetics device manufacturer Sisram Medical. Already a majority shareholder in the Hong...