Pro Tip: Learn how to use HBI Alerts to follow your favorite topics

News

 

Optimistic confusion over EU’s new Health Data Space

There was quiet confidence about the proposed, new European Health Data Space (EHDS) from European Commission staff at the EIT Health Conference 2022 in Stockholm this week. The scheme should make it much easier to use health data for scientific research. But implementation could be tortuous.

IDH sells DD Group

The owner of UK-based dental specialist IDH, Palamon Capital, is selling DD Group (formerly Dental Directory), its UK and Ireland-based dental and medical aesthetics distributer and service provider. Palamon says this concludes phase one of its investment plan to return IDH to a pure-play dental service.

Orpea share price plummet could make it a bigger takeover target

French elderly care group Orpea saw its shares fall to a new low on Wednesday after new accusations regarding its financial structure, alleging irregularities, were made against the company. The current share price of around €24 makes the company ever more likely to be subject to a takeover bid. Orpea says those "likely to be involved in these frauds" were "immediately" removed - and points out the allegations do not relate to patient care.

Vitaldent acquisition shows shift to aesthetics

Spanish / Italian dentistry network VitalDent has incorporated its latest acquisition, 73 clinics previously owned by Smysecret. The acquisition marks a deliberate move to aesthetics targeting the 18-35 age group and adds significantly to its burgeoning business.

KKR going ahead with Ramsay bid

Private equity firm KKR has reconfirmed its AU$88 per share offer for multinational hospital group Ramsay Health Care after completing due diligence on the company last week, HBI understands. It will now begin due diligence on Ramsay’s 52.79% stake in its subsidiary Ramsay Générale de Santé, which could take another few weeks. The deal still has to be approved by the French Competition Authority (FCA), which could take issue over the fact that KKR owns a 43% stake in Elsan, Ramsay Santé's largest competitor in France.

Inflation hikes up care home costs

How will the care home sector cope with the wave of inflation now hitting it as staff, energy costs and rents soar? We talk to operators and advisers across Europe.

German government pushing ahead with cannabis legalisation

The German health minister is pressing ahead with plans to legalise cannabis, despite concerns from some quarters that it could be challenged at the EU level, and unresolved questions about what the regulatory framework will look like. HBI speaks to legal and policy experts, and hears that medical cannabis producers have an early adopter advantage against potential rivals - and there are health implications if legislation passes.

Interview: Joe Stringer, partner, Octopus Ventures

Joe Stringer, healthcare investment specialist, and partner at Octopus Ventures which invests in and supports start-up businesses across Europe, talks to HBI about his approach to investment ahead of his panel appearance at HBI 2022.

Find Us