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Europa Stream

 

Australia’s largest health insurer Medibank buys primary care chain Better Medical

Medibank, the largest private health insurer in Australia, is buying Better Medical, a 61-clinic primary care chain, from private equity firm Livingbridge, for A$159 million (~$103 million). This is part of a wider trend of vertical consolidation by insurers within Australia’s private healthcare market, which is raising concerns amongst many in the sector that it could lead to harmful cost cutting.

Inflexion-backed CNX Therapeutics expands specialty pharma platform

CNX Therapeutics, a European specialty pharmaceutical company, has acquired the global rights to Sativex (nabiximols), an oral spray used to treat muscle stiffness and spasms in adults with multiple sclerosis, from Jazz Pharmaceuticals, a US-based biopharmaceutical company focused on oncology and neuroscience. Guy Clark, CEO of CNX Therapeutics, tells HBI the deal strengthens the company’s […]

CMA greenlights PHP/Assura merger

The UK’s competition authority (the CMA) has decided to allow the merger of Assura and Primary Healthcare Properties (PHP), the only two major UK healthcare REITs focused on primary care clinics, bringing the creation of a giant primary care REIT holding about £6 billion (~€7 billion) worth of property and about 20% of the UK’s primary care practices one step closer to realisation. 

Thermo Fisher buys clinical software company Clario for $9bn

Thermo Fisher, a US life sciences and clinical research company listed on the New York Stock Exchange, has acquired Clario, a US company that provides software for clinical trials, from private equity firms Nordic Capital and Astorg Partners, for around $9 billion.

Healthcare Activos spends €150m on seven facilities

Spain-based healthcare real estate investor Healthcare Activos has acquired seven facilities, two of which are newbuilds. This brings Activos’ total assets under management to €1.3 billion. HBI caught up with Alberto Fernandez, Co-CEO, to understand how these acquisitions fit in with the investor’s long term strategy.

Verlinvest invests $75m in The Eye Foundation

Verlinvest, the Belgium-based family investment firm, has invested $75 million for a minority stake in The Eye Foundation, an Indian ophthalmology chain with more than 25 hospitals across southern India.

ArchiMed expands its occupational health footprint

French private equity firm ArchiMed’s portfolio company FIM Medical, a designer and manufacturer of medical screening devices for preventive and occupational health, has acquired Vistec, a German specialist in vision-screening devices for occupational health, from venture capital firm 22 Ventures. Europe’s occupational healthcare market is drawing increasing private equity interest, driven by rising demand for preventive care, an ageing workforce, labour shortages and stricter workplace regulations. 

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