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GE Healthcare partners with Cardiff’s Intelligent Ultrasound to integrate AI and enhance ultrasound portfolio

GE HealthCare, the American multinational medical technology company, has signed a £40.5 million deal to acquire the AI-driven ultrasound business of Intelligent Ultrasound Group, a Welsh holding company specialising in ultrasound simulation devices for medical training. The deal is expected to close in Q4 2024.

July 19, 2024

What innovations are health tech investors most excited about in 2024?

Healthcare is a sector in which it can be hard to innovate. Regulations are tight and risk aversion is rife. This is understandable — justifiable, even — given lives are at stake. But it means the sector doesn’t see much creative destruction in the models it uses for delivering care.

July 19, 2024

South Korea accepts resignations of over 10,000 junior doctors, fuelling concerns over low doctor-patient ratio

South Korea has lately made headlines due to ~10,000 trainee doctors going on strike. They are protesting against a government proposal to increase admissions to medical schools. Following the July 15 deadline for junior doctors to return to work, the Ministry of Health and Welfare has started to accept resignations, as the doctors on strike have not responded, as reported by The Korean Herald.

July 18, 2024

WHO launches European digital health transformation initiative

The World Health Organisation (WHO) has unveiled a new international and cross-sectoral initiative aimed at fast-tracking the digital transformation of healthcare systems across its European member states.

July 18, 2024

Sanofi to Invest $437.24 million to expand and strengthen presence in India

Sanofi, the French drugmaker, plans to invest $437.24 million in its Global Capacity Centre (GCC) in Hyderabad, India, by the end of the decade, Reuters reported. China's low costs and speed previously made it a preferred pharma hub, but political factors are now shifting benefits to India.

July 18, 2024

German hospitals in financial crisis with deficits across all ownership types

In this infographic we look at Germany’s challenging hospital landscape.

July 17, 2024

Four new growth avenues for healthcare providers — an interview with McKinsey

We sat down with Michael Morley, Partner at consulting firm McKinsey, at our annual conference last month, to discuss four new sources of revenue growth that healthcare providers are exploring.

July 16, 2024

Duke Street acquires AGITO Medical from Philips amidst Europe’s growing medical imaging market

On July 15th Duke Street, a leading European mid-market private equity group, has acquired AGITO Medical, the Danish based provider of used medical equipment, from Philips.

July 16, 2024

Temasek to invest up to $10 billion in India, with focus on healthcare

Singapore state investor Temasek plans to invest up to $10 billion in India over three years, focusing on healthcare and financial services, Reuters reported on Monday. Foreign investors are increasingly interested in Indian hospital chains and healthcare groups, which are expanding into smaller cities to meet rising demand as public hospitals remain overburdened and inefficient.

July 16, 2024

FREE BLOG Europe may see more healthcare providers IPO in the coming years

This week the UK’s Financial Conduct Authority (FCA), which regulates the UK’s financial markets, set out changes to the rules for publicly listing on the stock market in the UK.

July 12, 2024

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