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Pharmacy

 

IFC invests $4.5m in East African pharmacy chain

The International Finance Corporation (IFC), the investment arm of the World Bank, has agreed to loan $4.5 million to Kenyan pharmaceutical retail chain Goodlife to help it become a leading brand in East Africa.

Investing in Africa’s underdog healthcare businesses

BlueCloud Healthcare, a UK-based investment advisory firm and start-up business incubator focused healthcare service companies in sub-Saharan Africa, is tapping into private equity’s growing interest in the continent. Healthcare Nova spoke to founder Steven Adjei about the company and his take on investing in Africa.

Interview, Dr Ian Clarke, CEO, International Medical Group, Uganda

International Medical Group (IMG) is the biggest provider of private healthcare in Uganda offering primary, secondary and tertiary care through its international hospital in Kampala and network of clinics, as well as medical insurance. We spoke to founder and CEO, Dr Ian Clarke about the group and issues of staff retention in the developing world.

Gilde raises €100m healthcare services fund

Dutch private equity specialist Gilde Healthcare has closed a new €100m healthcare services fund in just three months. We speak to Jasper van Gorp, managing partner at Gilde, about the fund.

Will France liberalise pathology, pharmacies and dentistry?

The French liberal professions have reacted with fury to a set of proposed reforms which would allow private capital to invest in diagnostic labs and pharmacies. Other proposals would end restricted intake, which restricts access to training for dentists and might give a wider role to non-dentists such as hygienists and technicians. The report, compiled in March 2013 by the Inspection Générale des Finances, was only published in September 2014. But does it have a hope in Hell of becoming law?

Mediq starts strategic review

Mediq, the Advent-owned, international medicalised homecare, distributor and Dutch pharmacy chain has confirmed that it has launched a strategic review of the business. We name the division our sources say will be sold and look at recent management changes.

Slovakian pharmacies may lose bonus

The Slovakian Ministry of Health could deal a blow to pharmacy chains as it considers legislation to cancel rebates for customers. The ‘bonuses’ paid 50/50 to patients and insurers for prescription medicines - at the discretion of pharmacies - could be cancelled by the left-wing-led government. We talk to Martin Danko of Penta Investments to find out more.

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