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Laboratory Services

 

Better hopes for lab outsourcing

We talked to Charles Woler, who turned around French reference lab Biomnis and is now the CEO of bioDS - Biomnis holding company, part of Eurofins. He sees signs that governments are starting to think the unthinkable and that public sector outsourcing of lab tests could grow. Woler is also a panelist at our annual conference, Breaking Barriers 2016 conference.

Asklepios plans expansion

Asklepios, the big German hospital chain, is sitting on €560m from its Schuldschein issue and would hav eaccess to other lines of credit. We talk to its owner, billionaire Berndt Grosse Broermann, about the sectors and geographies where Asklepios, 2015 revenue estimated at €3.15bn, plans to grow.

FREE BLOG Canadian pension funds sniffing around healthcare

We know that there is no shortage of institutional money destined for healthcare. For long term and defensively minded funds the attractions are obvious. The glut may also be about to grow as Ontario Teachers’ Pension Plan (OTPP) joins the consortium looking to take Chinese operator, iKang, private. OTPP was also interested in the German lab group, synlab, last year. So are investors increasingly building portfolios across European and Emerging Market healthcare?

Eurofins pulls share issue

Eurofins, the highflying food to environmental lab group which has been building a diagnositc lab business in France and the USA has just pulled a €373m share issue.

KKR wins LGC

LGC, the UK specialist lab group has sold for around £650m to KKR, giving Bridgepoint a threefold return on its investment.

synlab buys in Romania and faces flight in Germany

Pan-European lab chain Synlab has bought the medical test laboratories owned by the local group Romgermed, its first deal since its acquisition by Cinven. Meanwhile, synlab in Germany has seen a flight of senior managers and laboratory doctors.

Medlife fails to find a buyer

Value4Capital is struggling to sell its 40% stake in Medlife, Romania’s largest healthcare operator, say reliable sources. We look at why.

Medicover to consolidate German outpatient clinic market

Medicover, the big Pan-East European healthcare services group plans to build a national chain of specialist outpatient clinics. We talk to Philippe Ballero, the fomer CEO of the groups’ lab subsidiary, Synevo, will head up the new venture.

Narayana and Dr Lal Pathlabs to IPO within 15 days

Narayana Hrudayalaya, an Indian hospital group that focuses on cardiology, and Dr Lal Pathlabs, a pathology chain, are set to IPO within 15 days, according to the Indian press. Narayana and Dr Lal hope to raise $100 million and $90 million, respectively.

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