Saturday, October 23, 2021
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India: Innovaccer raises US$70m Series C

India and US-based healthtech company Innovaccer has raised US$70m in Series C funding round from Steadview Capital, Tiger Global, Dragoneer, Westbridge, Mubadala and Microsoft's...

Singapore: Staff costs depress first half profits at AHS

For the first half of the year, profits at Asian Healthcare Specialists (AHS) declined as the orthopaedic specialists focused on its talent pool, and...

Global: African healthcare startups lead funding charge

It has been another busy week for healthcare funds with the two most interesting deals this week coming from Africa. Nairobi-based healthcare diagnostics company Ilara...

Hong Kong: Honliv Healthcare plans IPO

Filing its paperwork on New Year’s Eve, Honliv Healthcare is planning its initial public offering in Hong Kong. Bocom International is managing the deal. The...

India: A new suitor for Medall Healthcare

The Indian healthcare space remains the one to watch. China’s Fosun International group is looking to acquire Medall Healthcare, which runs a chain of...

Africa: Flying Doctors fund to raise US$1bn

Nigeria’s Flying Doctors Healthcare Investment Company is to raise US$1bn for a fund to invest in healthcare. “Our fund is raising US$1bn to invest in...

Saudi Arabia: Saudi German closes D550m loan

Saudi German Hospitals has closed a three-times oversubscribed D550m (US$149.7m) Islamic syndicated loan facility with a number of banks. "We continue to build our presence...

Dominican Republic: Fresenius Kabi expands in the Dominican Republic

Fresenius Kabi, the German group’s blood transfusion business, has opened a €30m (US$33m) expansion of the company’s production site in Haina, just outside the...

Saudi Arabia: Saudi Arabia completes first healthcare privatisation

The privatisation of Saudia Medical Services Company (SMS), a subsidiary of Saudi Arabian Airlines, has been completed through the sale of a majority stake...

South Sudan: ADB approves US$4.2m grant to fight Covid-19

The African Development Bank has approved a US$4.2m grant to South Sudan to support the emergency response to Covid-19 and to strengthen the country’s...