Making the News

 

UK overhauls stock market listing rules

The UK’s Financial Conduct Authority (FCA) has set out new rules for companies listing on the stock market in the UK. The new rules aim to attract more IPOs to the UK and boost growth by simplifying the listing process and bringing it more in line with other countries.

HBI News Roundup, 12 July 2024

In this HBI News Roundup, we look at prospective bids for French drug giant Sanofi’s consumer health division, retail giant Walmart’s options for loss recoupment after the sale of its 51 health clinics earlier this year, and Affidea’s prospective growth in Northern Ireland, among other stories.

Surprise result in France’s national assembly elections as left wing alliance comes out on top

No clear path for the French parliament with no grouping capable of securing a majority, as the far-right National Rally unexpectedly falls to third. The second round of the French National Assembly elections produced a shock perhaps even greater than that delivered by the National Rally’s successful European elections, as the left wing alliance defied earlier polling and emerged as the biggest grouping in the legislature.

Landslide win for labour in UK general election

The UK’s Labour Party has won a huge parliamentary majority in the country’s national election. A labour government could mean greater opportunities for the UK’s private hospital sector, especially given the party has said it will not hesitate to use private sector capacity in tackling its “top priority” aim of cutting NHS waiting lists.

HBI News Round Up, 5 July 2024

In this HBI News Round Up, we look at private equity firm TVM Capital Healthcare's investment into Saudi Arabia-based bio-generics provider Boston Oncology Arabia, French drug giant Sanofi's potential decision to invest more into its insulin production operation in Germany, a survey showing increased use of private healthcare in Hungary, UK real estate investor Impact Healthcare's sale of five care home, pan Asian private equity fund Everstone's merger of two of its healthcare companies, specialist healthcare software and data investment firm Extens' sale of software provider Must, multinational occupational healthcare provider Fullerton Healthcare Corporation Limited's launch of the first dedicated centre for executive health screening and advanced diagnostic imaging in the Philippines, medical supply drone deliveries being trialled in Ireland and healthcare logistics company UPS Healthcare's investment in more temperature-controlled vehicles.

Co-Med files for voluntary bankruptcy 

Troubled Dutch primary care chain Co-Med is filing for voluntary bankruptcy and closing all of its clinics, marking the end of a several month long saga in which the company faced severe financial difficulties, numerous quality complaints and legal challenges from former employees.

Eurofins’ share price falls after allegations it is “optimised for malfeasance”

Multinational French labs group Eurofins saw its share price lose almost a quarter of its value on Monday after US investigative research and investment firm Muddy Waters released a report highlighting numerous “oddities and contradictions” which it believes suggest the group is “optimised for malfeasance”. The share price regained most of its lost value after Eurofins published a rebuttal which addressed some of the issues raised in the report. However questions still remain, most pertinently over allegations that the firm’s CEO and founder, Gilles Martin, has been using real estate to “siphon” off money from the company.

Russian group responsible for Synnovis hack leaks NHS patient data


Qilin, the Russian group responsible for hacking Synnovis labs — a pathology services partnership between Germany’s SYNLAB Group and both the King’s College Hospital Trust and the St Thomas’ Hospital Trust — has leaked 394GB of what it claims is patient data on its darknet website and Telegram channel.

HBI News Round Up, 14th June 2024

In this HBI News Round Up, we look at Denmark’s new rules for foreign healthcare workers, healthcare-focused PE fund Tata Capital Healthcare Fund’s multi-million investment into pharma firm Orbicular Pharmaceutical to develop its R&D work, the awarding of a multi-million diabetes treatments contract to American pharma and medical devices group Abbott in Cantabria, Spain, and a partnership in Spain to establish a rare diseases research centre.

HBI News Round Up, 7th June 2024

In this HBI News Round Up, we look at the recent UK cyberattack that disrupted healthcare services at hospitals and GP clinics, Sweden's 'Care Recovery Plan', the plans for the Swedish island of Gotland propose the region become a pilot area for state intervention and Australia's five-year deal with pharmacists. 

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