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Laboratory Services

 

B to C genetic tests grow in Europe

B to C genetic tests are growing fast. We look at two of the biggest players in Europe - Genetic Health in the UK, a pioneer in the sector founded in 2006, and newcomer Cogap in Germany. With prices dropping steeply, more and more data and growing consumer interest, what does the future hold?

NHS hospitals start outsourcing labs

Lab chain Labco has just won a contract worth £250m over ten years from two English NHS hospital foundation trusts. The NHS has a notoriously inefficient diagnostic lab sector - do these deals mean that finally we will see the growth of lab outsourcing in England?

Mediclinic sells to management

Mediclinic, the primary care group in the Czech Republic, was quietly sold to management by Penta Investments, the big Slovak private equity house, at the start of 2014. We look at the main players in the Czech primary care sector.

Sonic sees Germany as strong

Sonic Healthcare has told analysts that it sees Germany as “its most sustainable and fruitful market” and that there are opportunities to further consolidate the market. The bullish announcement, which accompanied good annual results, surprised some analysts. They point out that German labs remain in the dark about budget ceilings and the spectre of a hike in the lucrative private insurance GOA rate still lurks in the wings.

Investor takes a €100m write off at Aleris

Investor AB has written down its investment in Aleris, the big Scandinavian health and care group by 900m SEK (€100m). In total Investor has put 5.4bn SEK into Aleris. So what has gone wrong?

Building in Brazil

Few diagnostic laboratories in Europe, let alone in Spain, can claim to have grown their sales by 20% in 2013. We talk to Maurizio Weisz, President of Cerba International (not to be confused with Cerba Europa, the big French group).

French government puts on the squeeze

The French government has said it wants to limit rises in its €185bn healthcare budget to 1.75% a year, down from 2.5%. Meanwhile, all sectors are on tenterhooks ahead of the announcement of the new healthcare tariffs in early March 2014. None are so desperate as the private hospitals. Their trade association, FHP-MCO, claims the key MCO (Medicine, surgery and obstetrics) tariff has risen by a total of just 1.17% over the entire eight years to 2013. That is against general inflation for the period of 11.82%. We hear that the state now wants to CUT the tariff by 0.5-1%!

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