CHINA – Merck & Co. has entered into an alliance with Kelun-Biotech, a subsidiary of China’s Sichuan Kelun Pharmaceutical to develop an investigational antibody-drug conjugate (ADC) for the treatment of…
Read MoreMonth: July 2022
General Catalyst seeks more health system partners with new US$670M healthcare fund
USA – General Catalyst has launched a US$670 million healthcare investment fund called Health Assurance Fund II, which seeks to carry on the mission of the venture capital firm’s first…
Read MoreIndian hospital chains head overseas, transforming traditional model of medical tourism
INDIA –Indian hospital chains are trying to reverse the model of medical tourism, accelerating direct entry into geographies such as the Middle East, Southeast Asia, Africa and the rest of…
Read MoreDialysis care leader Africa Healthcare Network eyes expansion into Ghana
GHANA – Executive Chairperson of Africa Healthcare Network (AHN) Nikhil Pereira-Kamath has announced that AHN has recently expanded into Ghana and expects its first dialysis center by the end of…
Read MoreAfrica CDC issues guidelines to contain monkeypox
ETHIOPIA – The Africa Centres for Disease Control and Prevention (Africa CDC) has published key recommendations for Africa Union (AU) Member States to curb the spread of monkeypox cases in…
Read MoreNovartis, Egypt’s Cleopatra Hospitals Group ink pact for cardiovascular disease treatment
EGYPT – Pharma giant Novartis Pharma Egypt and Cleopatra Hospitals Group (CHG), Egypt’s best provider of medical and healthcare services, have entered into a strategic partnership deal to provide the…
Read MoreTeva closes on US$4.25bn deal to settle US-wide opioid lawsuit
ISRAEL –Teva Pharmaceutical has reached an agreement in principle to settle thousands of lawsuits accusing it of abetting the opioid crisis in the US for up to US$4.25 billion, including…
Read MoreMilestone as Kenya inaugurates Cancer Institute, Nursing Council boards
KENYA – Kenya’s Health Cabinet Secretary Mutahi Kagwe has announced key appointments to govern newly inaugurated national healthcare bodies namely the Nursing Council of Kenya Board, National Cancer Institute of…
Read MoreFDA OKs DyAnsys’ neurostimulation device for treating C-Section pain
USA – The US Food and Drug Administration (FDA) has cleared Primary Relief, a percutaneous electrical neurostimulation (PENS) device developed by DyAnsys, to treat postoperative pain following caesarean section (C-section)…
Read MoreLabcorp is spinning out its clinical development unit in major reorganization
USA – Laboratory Corp of America (Labcorp) has announced that it plans to separate its clinical development business into an independent, publicly-traded contract research organization (CRO). LabCorp will house the…
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