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ETHIOPIA – Ascent Rift Valley Fund Ltd has exited as a shareholder of Medpharm Holdings Africa (Medpharm), a provider of medical diagnostic laboratory services in Ethiopia, by selling its stake…
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AUSTRALIA- Leading Australian biopharmaceutical company Luina Bio has rebranded to AcuraBio following its acquisition by Dr. Glenn Haifer and global healthcare private equity firm Ampersand Capital Partners. AcuraBio is a…
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UK- GlaxoSmithKline (GSK) has completed the acquisition of Massachusetts-based clinical-stage biopharmaceutical company Affinivax Inc. According to GSK, the purchase of Affinivax is consistent with its objective of assembling a potent…
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KENYA – Private equity firm Ascent Capital has agreed to acquire a majority stake in Diani-based hospital group Diani Beach Hospitality Limited (DBH). Ascent Capital is an entrepreneurial investment partner…
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KENYA – CFAO Healthcare, a leader in the African pharmaceutical market, has signed a memorandum of understanding to acquire 30% of Goodlife Pharmacies, East Africa’s leading pharmacy chain, from LeapFrog…
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EGYPT – Brmaja Innovation, a subsidiary of Saudi tech firm Brmaja, has acquired a majority stake in Wellness Plus to launch and manage Wellnessplus.live platform for online mental health services.…
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EGYPT – Astute Imaging, a healthcare IT solutions company, has acquired Egyptian deep technology healthcare startup DilenyTech at an undisclosed amount. DilenyTech was founded in 2018 to improve the accuracy…
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MOROCCO – KELIX bio, a unique pan-African biopharmaceutical platform, has entered into a binding commitment to acquire Pharmaceutical Institute (PHI). The acquisition, which will be financed through up to a US$200 million…
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USA – RadNet, a provider of imaging services, has acquired Dutch artificial intelligence (AI) software developers Aidence and Quantib in deals that the company hopes will enable large-scale lung and…
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NIGERIA – Nigeria-based health tech startup Helium Health has acquired Meddy, a Qatar-headquartered and UAE-based doctor booking platform for an undisclosed amount. The acquisition, termed as a great deal by…
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