Laboratory Services

European labs re-think where they test as COVID-19 rampages on

COVID-19 is forcing European laboratories to re-think where they test patients. Some are working with authorities to set up new ‘drive-through’ testing points, while others have closed more than half of their drawing points.

March 19, 2020

Siemens launches platform aiming to break operational silos

Siemens Healthineers has launched a new digital platform aimed at easing clinical and operational decision support, and the sharing of data, across multiple devices, departments, and even sites.

March 12, 2020

COVID-19: Threats and opportunities

Covid-19 is going to have a huge impact on for-profit healthcare services. In the first of a two-part report, we look at what that will be at a sector and country level. Digital health looks like being a winner, Ping An claims online consultations are up tenfold, with the spectre of a crash in elective procedures hanging over for-profit hospitals and specialist outpatient chains. We also look at the likely impact on M&A. The second part of this report, focussing on the care sector, will be published next week.

March 5, 2020

Investors for Health opens door to all serious emerging market investors

All emerging market health-care investors are welcome to join Investors for Health (I4H), a newish community of 30+ investors including development banks, private equity, venture capital and impact funds. The group aims to jointly focus on private healthcare development in emerging markets with a focus on equity and alignment with universal healthcare cover. It next meets at HBI 2020, April 20-22, London. Its formation reflects a quiet revolution in the role of for-profit healthcare and its importance in bridging the World Health Organisation's estimated $686bn funding gap in low-and-middle-income countries to achieve the United Nation’s Sustainable Development Goal #3 (“Ensure healthy lives and promote well-being for all at all ages”).

March 4, 2020

SRL shifts focus to B2C as minority sale stalls

Fortis-owned Indian lab chain SRL says that after the last two years of "stagnant expansion" it has started to open more blood collection points in a shift to the B2C segment. The company remains tight-lipped about the ongoing minority sale process.

February 28, 2020

Spanish diagnostics/radiotherapy group triples footprint by M&A – and plans more

Spanish diagnostics and radiotherapy group Atrys Health has gone on an M&A spree since IPOing on Spain's small-cap MAB index in 2016. The market has responded bullishly, now valuing Atrys' shares at around 20x 2019 pro-forma EBITDA. We talk to CFO Jose Maria Huch.

February 19, 2020

“Bank appointed” for €5.5bn Synlab IPO

The private equity owner of Synlab, Cinven, has hired boutique bank Lilja as advisors for an IPO process, according to sources.

February 13, 2020

Dr Lal Pathlabs acquires two labs

India's largest diagnostics chain by revenue, NSE-listed Dr Lal Pathlabs, is acquiring two pathological laboratories for a total of around $1m (€900m).

February 6, 2020

Mid Europa ‘does an Apax’, as Diagnostyka switches funds

MidEuropa has moved its Polish lab business to a second fund controlled by the private equity group with an eye to selling in four-five years, HBI understands.

January 30, 2020

Synlab ‘preferred bidder’ for £2bn UK outsourcing contract

Pan-European lab company Synlab says it is the preferred bidder for a London-based outsourcing contract worth an approximate £2.25bn.

January 23, 2020

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