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  • Alexion plans to invest US$68.7M in upgrading biologics manufacturing
  • MATTER & AWS launch incubator program for EMEA healthcare startups entering the US
  • Sweden and CHAI partner to invest US$34M to support universal health coverage in Africa
  • Novartis invests US$250m in malaria and NTDs eradication commitment
  • EU to help vaccine production in Latin America and Caribbean countries
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Category: Mergers & Acquisitions

Pfizer to buy 8.1 pc stake in French vaccines company Valneva

21 June 202221 June 2022

USA – US pharma giant Pfizer has agreed to invest 90.5 million euros (US$95.2 million) to buy an 8.1% percent stake in Valneva as the companies announced developments in their…

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Boston Scientific inks US$230M deal to acquire 64% stake in M.I.Tech

21 June 202222 June 2022

USA –Boston Scientific has announced that it agreed with Synergy Innovation to purchase 64% stake in M.I. Tech in a deal worth US$230 million at current exchange rates, subject to…

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Merck reportedly mulling Seagen acquisition

20 June 202220 June 2022

USA – A report in The Wall Street Journal has said Merck & Co. is considering a buyout of Seagen, a pioneer in the use of antibody-drug conjugates (ADCs) to…

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Mastercard, JSI and Gavi team up to unveil electronic medical records in Ethiopia

20 June 202220 June 2022

ETHIOPIA – Mastercard, Gavi, the Vaccine Alliance, global public health consulting organization John Snow, Inc. (JSI) and the Ethiopia Ministry of Health have partnered to implement the Mastercard Wellness Pass…

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GSK Velu reportedly exploring bid to buy back diagnostic chain Metropolis Healthcare

20 June 202220 June 2022

INDIA – Entrepreneur GSK Velu, founder and chairman of Neuberg Diagnostics, is reportedly exploring a bid for diagnostic chain Metropolis Healthcare, a company he once co-funded. Last month, HealthCare Africa…

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Cipla signs agreement to acquire 21 Pc stake in Achira Labs

19 June 202219 June 2022

INDIA – Cipla, an Indian drug major announced that it has signed definitive agreements for acquiring 21.05% stake (on a fully diluted basis) in Bengaluru-based Achira Labs for a cash…

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SA startup Root links with Andela and Momentum Health for digital health insurance solutions

16 June 202216 June 2022

SOUTH AFRICA – Cape Town-based digital insurance startup Root has teamed up with Andela, the global network for remote engineering talent, and financial services company Momentum Health Solutions to ensures…

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ResMed acquires software as a service company Medifox Dan for US$1B

15 June 202215 June 2022

USA – ResMed has announced that it agreed to acquire German software company Medifox Dan in a deal worth US$1 billion. The new acquisition will allow ResMed to expand its…

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ADQ acquires leading Turkish pharmaceuticals company Birgi Mefar Group

15 June 202215 June 2022

UAE – Abu Dhabi Development Holding (ADQ) has signed a final agreement to acquire Turkey’s Birgi Mefar Group (BMG), a manufacturer of sterile injectable products, ADQ said in a press…

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Healiva expands wound care portfolio by acquiring Smith+Nephew’s cell therapy assets

13 June 202213 June 2022

SWITZERLAND –Switzerland’s Healiva, a chronic wound-focused company, has acquired two new cell therapy assets from UK-based medical technology firm Smith+Nephew for an undisclosed sum. The transaction will enable the Swiss…

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  • Alexion plans to invest US$68.7M in upgrading biologics manufacturing
  • MATTER & AWS launch incubator program for EMEA healthcare startups entering the US
  • Sweden and CHAI partner to invest US$34M to support universal health coverage in Africa
  • Novartis invests US$250m in malaria and NTDs eradication commitment
  • EU to help vaccine production in Latin America and Caribbean countries

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healthcareafro HealthCare Africa Magazine @healthcareafro ·
June 24, 2022

#UK on high alert after #polio virus detected in #London sewage
https://t.co/ltHhIQYZgg #healthtech #innovation #healthcaredelivery #healthscience #technology #Covid19 #Vaccines #pharmaceutical #manufacturing #healthcare #regulatory #policies #funding #investment

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June 22, 2022

Samsung Biologics reportedly pondering prospects in cell & gene therapy
https://t.co/3uW9PI39dW #healthtech #innovation #health #healthscience #technology #Covid19 #Vaccines #pharmaceutical #manufacturing #healthcare #regulatory #policies #funding #investment #genetherapy

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healthcareafro HealthCare Africa Magazine @healthcareafro ·
June 22, 2022

#EU antitrust regulator investigates @ViforPharma’s alleged anticompetitive action over rival
https://t.co/dfMnt7tZlp #healthtech #innovation #health #healthscience #technology #Covid19 #Vaccines #pharma #manufacturing #healthcare #policies #funding #investment @EU_Commission

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healthcareafro HealthCare Africa Magazine @healthcareafro ·
June 21, 2022

Kenya's @egertonunikenya selected to host @ICGEB's first Regional Research Centre in Africa dedicated to advanced research and training in vaccine development, molecular biology and biotechnology
https://t.co/ssUixl0sMX
#research #development #biotech #foodsafety #science #Kenya

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healthcareafro HealthCare Africa Magazine @healthcareafro ·
June 21, 2022

New health safety measures initiated in Egypt to protect pilgrims during Hajj
https://t.co/tVhhFFuQPb
#Hajj2022 #Egypt #Health #pilgrimage #healthcare #SafetyFirst #wellness #COVID

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