USA – Siemens Healthineers has signed a multi-year partnership agreement with Unilabs, a leading diagnostic services provider, worth over US$219 million (€200 million). Under the agreement with Siemens Healthineers, Unilabs…
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India’s Ministry of Finance sets aside US$10B for the health sector in the 2023/24 budget
INDIA – Nirmala Sitharaman, the Finance Minister of India, has announced that the health sector has been allocated about US$10 billion (Rs 89,155 crore) in the 2023/24 union budget to…
Read MoreAbdul Latif Jameel Health nabs distribution deal with iSono Health
UAE – Modern medical care solutions company Abdul Latif Jameel Health has entered into a strategic distribution agreement with iSono Health, a medical technology company in the United States of…
Read MoreDiscovery launches US$86m Wellth Fund to boost healthcare screenings among its members
SOUTH AFRICA – Discovery Health Medical Scheme has launched a R1.5 billion (US$86.81m) fund to boost healthcare screenings and preventative care among its members amid a spike in severe diagnoses…
Read MoreHealth-tech startup Zuri Health raises funding to support its expansion in Africa
KENYA – Kenyan-based health-tech startup Zuri Health has raised an undisclosed amount of funding from Moroccan VC UM6P Ventures to support its growth and expansion across Africa. The funds will…
Read MoreLilly to invest US$450M in manufacturing plant to boost diabetes drug production
USA — Eli Lilly has announced that it will invest US$450 million in a North Carolina manufacturing plant to meet the rising demand for its diabetes drugs Mounjaro and Trulicity.…
Read MoreAmgen commits US$8m to clinical trial diversity program
USA — Amgen has committed to contribute US$8 million to the Robert A. Winn Diversity in Clinical Trials Award Program (Winn Award Program), established by the Bristol Myers Squibb Foundation…
Read MoreBurjeel Hospitals named the official medical partner of Ghantoot Racing & Polo Club
UAE – Burjeel Hospitals has been named as the official medical partner of the Ghantoot Racing and Polo Club as part of the private avenue’s ongoing efforts to provide high-quality…
Read MoreOman opens new US$150 million manufacturing factory in Salalah Free Zone
OMAN – The Sultanate of Oman has unveiled a new US$150 million manufacturing factory located in the Salalah Free Zone called Philex Pharmaceutical Industries, under the patronage of Dr. Hilal…
Read MoreAffirma Capital and StonePine acquire part of Nerhadou in Egypt
EGYPT – Affirma Capital and StonePine ACE Partners Limited (StonePine) have acquired part of Nerhadou International for Pharmaceuticals and Nutraceuticals (Nerhadou) for US$20 million. Affirma Capital and StonePine were supported…
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