Laboratory Services

 

Hancock’s perilous position a problem for the NHS

The future of the UK NHS is changing according to the recent White Paper and Queen's Speech - we're moving towards collaboration not competition and a Secretary of State for Health with wider powers. But current incumbent Matt Hancock's reputation is damaged and his political capital on the wane. HBI heard at a Kings Fund digital event that this could prove a problem for the NHS.

Charme Capital buying Bianalisi

Private equity firm Charme Capital is reportedly in exclusive negotiations to acquire one of Italy's largest lab groups for 16x 2020 EBITDA. 

COVID testing doubles Synlab’s Q1 revenue

Europe's largest lab group Synlab continues to see huge COVID-19 driven growth with organic revenue doubling and EBITDA quadrupling in the first quarter. 92% of that growth came from COVID-19 testing.

Synlab still trading at low end of IPO range

Synlab's shares have continued to trade in the lower end of the IPO price range since it took to the Frankfurt Stock Exchange last Friday, April 30, opening flat and now around 3% up.

Eurofins wins €48m contract for EU-wide genome sequencing

The European Centre for Disease Prevention and Control has awarded Eurofins a €48m whole-genome sequencing (WGS) contract for COVID-19 variant testing. The move demonstrates confidence that countries will be running high volumes of COVID-19 testing in the mid to long term.

Covid continues to boost Unilabs in 2021

Executive chairman Jos Lamers has told HBI that Covid sales continue to rise in Q1 and Q2 2021. They certainly boosted 2020 results at the international lab and imaging group owned by Apax Partners. Like rivals Synlab and Sonic, the business continues to roar away. 

Fleury acquires Sao Paulo orthopaedics group

Fleury Group, the second largest diagnostics group in Brazil, has signed an agreement to buy a two-thirds stake in orthopaedic and rehabilitation specialist Vita Ortopedia Servicos Especializados. This continues its march towards becoming an integrated platform.

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