UAE – American Hospital Dubai has entered an international strategic partnership with Enterprise Ireland focused on advancing health and life science through commercialisation, innovation, and research. American Hospital Dubai and…
Read MoreTag: Mergers, Investments & Funding
Mankind Pharma invests in Actimed Therapeutics for promising cancer treatment
INDIA – Drug giant Mankind Pharma Limited (Mankind Pharma) has increased its investment in Actimed Therapeutics, a clinical-stage biopharmaceutical company based in the United Kingdom, for its promising cancer treatment.…
Read MoreGE HealthCare makes first acquisition as an independent company
USA —GE HealthCare has announced the acquisition of IMACTIS, a French developer of computed tomography (CT) interventional guidance technology. The acquisition is the first for the newly independent company, a…
Read MoreMumbai Oncocare Centre lands US$10M in Series A funding for its growth plan
INDIA – Mumbai Oncocare Centre (MOC), a one-stop for flexible cancer care solutions, has secured US$ 10 million in a Series A funding round from Tata Capital Healthcare Fund (TCHF)…
Read MoreGE Healthcare completes spin-off from GE
USA – GE has announced its successful spin-off of GE HealthCare into a healthcare-focused business, effective January 4, 2023. In an official statement, the company said that it has completed…
Read MoreE-health startup MyHealth Africa raises US$1m in oversubscribed seed funding round
KENYA – Nairobi-based e-health startup MyHealth Africa has raised a US$1 million round of seed funding to fuel its expansion across Africa and beyond. The oversubscribed round was led by…
Read MoreEBRD provides US$79 million to support hospital infrastructure in Turkey
TURKEY — The European Bank for Reconstruction and Development (EBRD) will provide a long-term convertible loan of €75 million (US$79.5 million) to a subsidiary of Turkey’s Ronesans Holding for hospital…
Read MoreHealth tech company mPharma set to invest US$43 million in new QualityRx program
NIGERIA – Pan-African health tech company mPharma is investing US$43 million in Nigeria to build out its QualityRx program. This new investment is set to upgrade previous Nigerian facilities –…
Read MoreNew US$128M scheme aims to speed up diagnosis of rare genetic diseases in newborns
UNITED KINGDOM —Genomics England is to sequence the genomes of 100,000 babies at birth starting in 2023, as part of a genomics project to improve the diagnosis and treatment of…
Read MoreFlying Doctors Health Investment Company rebrands to Healthcare Capital Africa
NIGERIA – Flying Doctors Health Investment Company (FDHIC) has changed its name to Healthcare Capital Africa (HealthCap or HC) to depict who they are at their core. HealthCap believes that…
Read More