USA – Walgreens Boots Alliance Inc. is currently in discussions regarding a US $18.8 billion acquisition proposal from private equity firm Sycamore Partners. The proposed deal includes US $13.3 billion in debt financing and US $3.75 billion in equity contributions. However, concerns have emerged about Sycamore’s ability to fully finance the equity portion of the […]
AUSTRALIA – Australia’s second-largest private hospital operator, Healthscope, is grappling with a significant financial crisis, facing a US $1.6 billion debt and potential insolvency. The company, acquired by Brookfield in 2019, has been unable to meet its debt obligations, leading to a series of strategic decisions aimed at addressing its financial instability. Healthscope’s financial […]
IRELAND – DCC plc, the Dublin-based FTSE 100 conglomerate, has agreed to sell its healthcare division to Investindustrial Advisors for £1.05 billion (US $1.41 billion). The transaction is expected to generate net cash proceeds of approximately £945 million, including a deferred payment of £130 million due within two years. This move is part of DCC’s […]
USA – Chicago-based private equity firm GTCR is exploring the sale of Cedar Gate Technologies, a healthcare analytics company, aiming for a valuation exceeding US $1 billion, including debt. According to sources familiar with the matter, GTCR has engaged financial advisers to manage the sale process, with final bids expected in the coming month. […]
GERMANY – German pharmaceutical giant Merck KGaA has announced a definitive agreement to acquire U.S.-based biopharmaceutical company SpringWorks Therapeutics for approximately US $3.9 billion in cash. Under the terms of the agreement, Merck KGaA will pay US $47 per share, representing a 26% premium over SpringWorks’ 20-day volume-weighted average price as of February 7, […]
KENYA – The Office of the Ombudsman has mandated the Kenya Medical Practitioners and Dentists Council (KMPDC) to provide critical documents concerning dental practice regulation within seven days. This directive follows a formal appeal by Dr. Kahura Mundia, who claims the Council failed to respond to his earlier information requests. Dr. Mundia’s appeal, lodged […]
SOUTH AFRICA – Mediclinic, a leading private hospital group in South Africa, is undergoing a significant operational transformation by integrating artificial intelligence (AI) into its administrative processes. This strategic shift, announced during Remgro’s 2025 Capital Markets Day, includes a hiring freeze and voluntary early retirement packages for corporate and shared services staff. The initiative aims […]
USA – AiM Medical Robotics has launched its first human clinical trial to assess the efficacy of its MRI-compatible stereotactic neurosurgery robot for deep brain stimulation (DBS) in patients with Parkinson’s disease. This collaborative study is being conducted at Brigham and Women’s Hospital (BWH) in Boston, within the Advanced Multimodality Image-Guided Operating (AMIGO) Suite—a state-of-the-art […]
KENYA – Kenya has initiated Africa’s largest clinical trial to explore how artificial intelligence (AI) can enhance primary health care. Led by global health organization PATH, the study aims to determine if AI tools can assist clinicians in making more accurate diagnoses and treatment decisions, ultimately improving patient outcomes. The trial, based in Nairobi, […]
USA – Merck & Co. has reported a significant decline in sales of its human papillomavirus (HPV) vaccines, Gardasil and Gardasil 9, primarily due to reduced demand in China. In the first quarter of 2025, Gardasil sales fell 41% year-over-year to US $1.3 billion, down from US $2.2 billion in the same period of 2024. […]
USA – Thermo Fisher Scientific Inc. has announced a US $2 billion investment over the next four years to bolster its U.S. manufacturing and research capabilities. This strategic move aims to mitigate risks associated with global trade uncertainties and strengthen the company’s domestic operations. The investment allocates US $1.5 billion towards enhancing existing manufacturing […]
USA – Deep Genomics, a leader in AI-driven genomic research, has bolstered its leadership team with the appointments of Dr. Monika Kowalczyk as Vice President of Platform Technology and Dr. Shawdee Eshghi as Vice President of Platform Biology. These strategic hires are set to enhance the company’s capabilities in integrating advanced genomics with artificial intelligence […]
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