Lord Ara Darzi's eagerly anticipated independent review of the National Health Service (NHS) paints a stark picture of a health system in "critical condition" but with "vital signs" that remain strong.
Belgian pan-European healthcare real estate investor Aedifica has bought four new UK care homes for a total of £61.5 million (~€73 million). Aedifica describes the homes as “futureproof” due to being highly energy efficient.
Optegra, the UK’s second largest private ophthalmology group, has bought a new clinic in Yorkshire, bringing its total number of facilities across the country to 25.
The UK branch of British multinational healthcare company Bupa is launching a new direct-to-consumer subscription service for primary care, giving customers access to same-day appointments with a private GP, starting at just over £200 per year.
German multinational medtech firm Siemens Healthineers is going to acquire the diagnostic division of Swiss-based multinational pharmaceutical company, Novartis AG.
UCB, a Belgian biopharma company, plans to divest its business in China, to CBC Group, a Singapore-based investment firm, and Mubadala, a global investment company from Abu Dhabi, for $680 million.
The deal, pending regulatory approval, is expected to close in Q4 2024 and includes UCB’s neurology and allergy portfolios, as well as its manufacturing site in Zhuhai, China.
The UK’s Department of Health and Social Care (DHSC), NHS England, and the Association of the British Pharmaceutical Industry (ABPI) have launched a £400 million initiative to improve the country’s pharmaceutical testing capabilities.
Termed the ‘Voluntary Scheme for Branded Medicine Pricing, Access and Growth’ (VPAG), this public-private investment will create up to 18 new clinical trial hubs across the UK, speeding up the development and availability of new medicines, as detailed in the August 28 press release.
PAI Partners, the French private equity firm, is in talks with two of the world's largest sovereign wealth funds to support its offer for Sanofi SA's consumer health division. According to anonymous Bloomberg sources, the Abu Dhabi Investment Authority (ADIA) and Singapore's GIC Pte are considering joining PAI's consortium. The deal could value the business […]
The Australian Capital Territory (ACT) Government has announced the final shortlist of two property development companies for its new hospital project tender. Spain's Grupo ACS, through its Australian subsidiary Cimic and its construction arm CPB Contractors, has secured a place on the shortlist and will compete against London-based and Australia-founded firm Multiplex Construction. With an investment […]
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