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Australia: Virtus poaches Ramsay COO

Virtus Health, Australia’s largest fertility clinic network, has poached Kate Munnings to be its new group chief executive officer. Sue Channon stepped down as chief...

Australia: Sudholz to leave Japara

Andrew Sudholz is to step down as chief executive and managing director of aged care operator Japara Healthcare as a family member deals with...

Sweden: Hemsö draws down SKr1.1bn to support construction projects

Hemsö, an owner of properties for public use in Sweden, has drawn a new tranche of SKr1.1bn (US$108.8m) financing, in support of construction of...

UAE: NMC reveals US$6.6bn of debt

NMC’s ongoing troubles continue as it reveals its debt position has grown to US$6.6bn as it appoints a new chief restructuring officer. As reported on...

Germany: Fresenius takes over DGG

Curalie, a subsidiary of German healthcare group Fresenius, has acquired its nearest competitor Digitale Gesundheitsgruppe (DGG). Financial terms have not been disclosed. Both Curalie and...

Italy: Diesse Diagnostica develops blood test for Covid-19 detection

Diesse Diagnostica, a portfolio company of Italian healthcare investment firm Archimed, is developing a blood test for Covid-19 detection.  The test will be able to...

Thailand: Sihanatkathakul appointed chief executive of Thai Nakarin

SET-listed Thai Nakarin Hospital has appointed Thiti Sihanatkathakul as chief executive officer. Most recently Sihanatkathakul was deputy managing director and director at of the Landmark...

Hong Kong: Yihua Healthcare scraps plans to buy Pok Oi hospital

Shantou-based healthcare services and aged care services company Yihua Healthcare has cancelled plans to buy a 70% stake in Pok Oi Hospital in Hong...

Sweden: IRRAS to raise SKr217m in rights issue

Swedish medtech company IRRAS is to raise SKr217m (US$22.3m) in a fully underwritten rights issue to help commercialise its products. It is selling 37.5 million...

Singapore: SPH scraps plans to buy aged care portfolio in Canada

Singapore Press Holdings has scrapped plans to acquire a portfolio of aged care assets in Canada for C$174.7m (US$130.7m) thanks to coronavirus uncertainty. In a...