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Nova Stream

 

Saudi beckons for UAE’s National Reference Lab

National Reference Laboratory (NRL), a fast growing lab network in the United Arab Emirates, which has partnered with the Laboratory Corporation of America (LabCorp), wants to become a regional player and is now looking beyond the UAE. We spoke to its marketing manager, Dr Bisera Laksinka.

UK dentistry group signs £15m deal with JSE-listed investor

Dentex Healthcare Group, a UK dental partnership network that launched three years ago, is getting a £15m investment from South African-Mauritian firm Universal Partners to expand across the UK. We speak to Dentex CEO Barry Lanesman.

How, why and whether to outsource labs in India

With outsourcing in the lab diagnostics sector expected to rise in mature markets, what does the picture look like in emerging economies? Abhishek Singh, chief of strategy at Valiance Health and Ankur Bharti, CEO of Reheal Clinics (both ex-PwC) tell Healthcare Nova that hospitals are increasingly like to seek external partners to help run their pathology business.

Singapore media group enters healthcare market – and more acquisitions may follow

Singapore Press Holdings (SPH) is to acquire nursing home chain Orange Valley Healthcare for S$164m. Private equity house KV Asia Capital will sell all equity shares and intellectual property of Orange Valley, which it acquired in April 2014, in an all-cash debt free deal. Orange Valley's net asset value of S$71 million as at March 2017 represents a multiple of approximately 2.3.

Narayana acquires speciality hospital

Narayana Hrudayalaya, a hospital chain with 31 facilities in India, has acquired 225-bed Gurgaon-based multi-speciality hospital NewRise Healthcare from drug maker Panacea Biotech for Rs 180 crore ($27.9m).

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