Value creation is one of those terms that can mean very different things to different people. Is it marketing BS, a buzzword that is easy to throw about that negates the need to explain further? Is it simply about having a strict focus on the P&L?
UK-based scale-up Canary Care has released the second iteration of its intelligent activity monitoring system. Ian Burgess, the company’s Managing Director, tells us this will be the first product of this type that can integrate with energy appliances such as smart meters, and will help care providers and health researchers to improve care with the data it collects.
This week I attended the AI in Health Summit, an event hosted by Economist Impact at the Royal College of Physicians in London focused on the topic of how AI will impact healthcare. Of all the questions and issues discussed throughout the day, one stood out both in terms of the frequency with which it came up and the strength of feeling it elicited from speakers: whether we should expect to see doctors lose their jobs to AI.
A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), the sovereign wealth fund of Abu Dhabi, has become the lead investor in a $230 million single-asset continuation vehicle (CV) established by Chinese healthcare-focused private equity firm GL Capital for SciClone Pharmaceuticals, a US-based biopharmaceutical company.
GHO Capital Partners, the London-based private equity firm that targets early stage and mid-market investments, has agreed to sell VISUfarma, its pan-European ophthalmic pharmaceutical company, to Indian pharmaceutical group Lupin for €190 million (~ ₹2,000 crore).
Sana Kliniken, Germany’s third largest for-profit hospital group by revenue, is selling its procurement arm, Sana Einkauf, to Vivecti Group, a major German healthcare procurement platform that has been owned by private equity firm Nordic Capital since 2018. A procurement expert tells us this deal looks like “a desperate attempt to finally achieve the long-awaited exit for Nordic Capital”.
Healthcare Business International users cookies to improve the functionality, performance, and effectiveness of our communications. Detailed information on the use of cookies is provided in our Cookies Policy. By continuing to use this site, or by clicking "I agree" you consent to the use of cookies.