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Aster DM Healthcare buys 25 percent in Ramesh Hospitals

Tuesday, May 31, 2016

Dubaibased Aster DM Healthcare has bought India Venture Advisors39 nearly 25 in Vijayawadaheadquartered Ramesh Hospitals for about Rs 110 crore taking its total holding in the multispecialty chain to about a third Billionaire Azad Moopen promoted Aster DM which had raised nearly Rs 1376 crore 205 m..

EQT sells Atos Medical, sources value deal at 850 mln euros

Tuesday, May 31, 2016

Swedish buyout house EQT has sold its medical devices business Atos Medical to private equity firm PAI Europe it said on Monday with sources valuing the deal at about 850 million euros 946 million PAI Europe won the bid for voice implant maker Atos Medical EQT said in a statement but the two partie..

Lab stocks Quest, LabCorp shine as testing outlook brightens

Tuesday, May 31, 2016

Shares of Quest Diagnostics and Laboratory Corporation of America Holdings have been on a roll as analysts point to improving business trends for the US clinicallab testing industry stalwarts Their share gains have also come as a competitive threat from Theranos an upstart rival in the sector appea..

Local health departments brace for funding loss amid Zika standoff

Monday, May 30, 2016

Health departments in all 50 states are scrambling to make up for the combined 45 million they will lose this summer if Congress fails to address a massive federal funding shortfall fighting the Zika virus With Congress locked in a billiondollar stalemate over Zika funding the Centers for Disease C..

Oneview Healthcare sets its sights on the US

Monday, May 30, 2016

Irish listed company Oneview Healthcare is to establish a new US headquarters in Chicago to service a growing client base in the region This company which is listed in Australia has signed three separate contracts with highprofile health systems in the midwest of the US The headquarters will emplo..

Thermo Fisher to buy microscope maker FEI Co for about $4.2 billion

Saturday, May 28, 2016

Thermo Fisher Scientific Inc the world39s largest maker of scientific instruments said on Friday it would buy FEI Co FEICO for about 42 billion to gain access to the company39s electron microscopy technology that helps study proteins The 10750 per share offer represents a premium of 137 percent to ..

Olympics in Rio should move due to Zika concerns, say 150 experts

Saturday, May 28, 2016

An open letter signed by 150 international doctors scientists and researchers on Friday urged the upcoming Olympic Games in Rio de Janeiro to be moved or delayed due to the Zika virus To press on with the Games in Rio the second most affected city in Brazil by the Zika crisis would be irresponsible..

Target Healthcare Acquires care home in Halifax, West Yorkshire

Friday, May 27, 2016

Target Healthcare REIT Limited and its subsidiaries the Group the only listed specialist investor in UK care homes is pleased to announce that it has completed the acquisition of a care home in Halifax West Yorkshire for approximately 72 million including acquisition costs This transaction is in acc..

UCHealth to open $315 million hospital in Highlands Ranch

Friday, May 27, 2016

UCHealth is adding to its expanding network of medical facilities this time with a 315 million hospital in Highlands Ranch Aurorabased UCHealth on Thursday announced plans to build a hospital and medical campus near Lucent Boulevard and C470 The sixstory Highlands Ranch Hospital will be built on pa..

Fortis Healthcare set to turn its diagnostic chain SRL Diagnostics into a separate unit

Friday, May 27, 2016

Indian healthcare company Fortis Healthcare is set to turn its diagnostic chain SRL Diagnostics into a separate unit prior to getting it listed thus providing an exit route to private equity investors said two people familiar with the development SRL Diagnostics had appointed Moelis Co advisor last..

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