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Laboratory Services

 

Could Eurofins break the Unilabs impasse?

Bioanalytic testing outfit Eurofins Scientific has just raised €200m through a private placement with La Caisse des Dépôts et placement du Québec (“CDPQ”), one of Canada’s largest institutional fund managers. CDPQ and other institutions have also said they are happy to dip into their pockets to fund more acquisitions. West European lab/imaging group Unilabs could be a target.

Circle to partner in China and Europe

UK hospital management group Circle is set to partner with a European player to offer a rehabilitation solution in the UK. We name the likely partner. Circle has also announced a joint venture with what it claims is the fourth largest hospital chain in China.

Dasa to buy Laboratório Gaspar

Brazil's market leader in labs and diagnostics Diagnósticos da América (Dasa) is buying Laboratório Gaspar for R$60m (US$17.5m).

Al Borg attracts interest

Three Gulf-based private equity firms are reportedly interested in buying a minority stake in Al Borg Medical Laboratories, the largest player in Saudi Arabia. We report on Al Borg’s expansion plans.

Indian lab chain Dr. Lal grows

Indian lab chain Dr. Lal Pathlabs is acquiring Delta RIA and Pathology Lab in Bhopal, Central India. Dr. Lal's IPO in December 2015 subscribed 33 times, raising Rs 190 crore (US$30m). Year-on-year sales in the first quarter of 2016 grew 15% to Rs 1977 crore (US$310m), with 26% EBITDA margin.

FREE BLOG Why so few real entrepreneurs?

Health care services is probably Europe's largest industry as a percentage of GDP. Even private-only healthcare and care services is a couple of points of GDP. So why so few real entrepreneurs? Most bosses in this industry are simply running and growing largish, stable businesses. Very few are seeking to identify and meet unmet demands.

Prices tumble for genetic tests

The price of some popular genetic tests have all but halved in little more than a year.  B2C web sites are now springing up offering ever lower prices as Chinese operators enter the European market. So what does this mean for diagnostic lab groups who have for so long prophesied that complex genetic testing will […]

Swiss face big danger of tariff cuts

Swiss tariffs for technical services which include lab and imaging could drop by 27%, according to a proposal formulated by doctor and hospital associations and some insurers. The actual drop is likely to be much lower, but a cut looks inevitable.

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