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Europa Stream

 

CordenPharma acquires AmbioPharm

CordenPharma, a CDMO backed by private equity firm Astorg, has acquired AmbioPharm, a US-headquartered peptide CDMO, from private equity firm Carlyle. 

What does the £900m NHS AI framework mean for UK healthcare? 

A new major UK-wide framework for Healthcare AI Solutions, with a maximum spend ceiling of £750–900 million (~€867–1,040 mn) to be spent over eight years (2027–2035), has been launched. What does it mean for providers and investors?

Clue becomes first insurance-backed menstrual tracking app

Period and cycle tracking platform Clue has become the first women’s health app to be covered by health insurance following a partnership with German private insurer SDK (Süddeutsche Krankenversicherung). Under the agreement, thousands of SDK policyholders, along with around 1,600 employees across SDK and Stuttgarter Lebensversicherung, will receive access to Clue Plus at no extra cost. Members can activate the service via a dedicated link and code, while existing users will keep their accounts unchanged.

Grundium acquires Visiopharm

Grundium, a Finland-based digital pathology imaging company backed by US private equity firm EW Healthcare Partners, has acquired Denmark-based AI precision pathology software provider Visiopharm. The deal aims to create an integrated digital pathology platform combining imaging and AI-driven diagnostics.

Permira exits Australian radiology network I-MED

London-based private equity firm Permira has agreed to sell I-MED Radiology Network, Australia’s largest diagnostic imaging provider, to Jardine Matheson, a London-and-Singapore-listed conglomerate, for A$3.4 billion (~US$2.4 billion). The transaction also includes Permira’s stake in Harrison.ai, a medical imaging AI company.

Medtronic acquires SPR Therapeutics

Listed Irish-American medtech giant Medtronic is buying Ohio-based SPR Therapeutics for about $650 million in cash. SPR makes minimally invasive devices for the treatment of chronic pain.

Avista and Damier acquire Sanotact

American private equity firm Avista Healthcare Partners and and Belgium-based family office Damier Group will acquire German vitamins, minerals, and supplements (VMS) platform Sanotact Group from the investment arm of the Piëch-Nordhoff family, FLOTTE.

Bregal Sagemount and Ardian invest in Ennov

Ennov, a France-based life sciences software company, has secured a growth investment led by US private equity firm Bregal Sagemount, with participation from private investment firm Ardian.

CVC and GBL launch €10.7 bn take-private offer for Recordati

Luxembourg-based private equity firm CVC Capital, through CVC Fund IX, and Belgian investment firm Groupe Bruxelles Lambert (GBL) have launched a €10.7 billion ($12.4 ‌billion) cash offer for all outstanding ordinary shares to take Italian pharmaceutical firm Recordati private. 

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