In a significant development for the Northern Irish health tech industry, Belfast-based Neurovalens has obtained medical device clearance from the US Food & Drug Administration (FDA) for their Modius Stress device aimed at treating anxiety.
India’s second largest hospital group by bed capacity, Manipal Hospitals, is set to become the country’s largest once it finalises its acquisition of Medica Synergie Private, a private hospital in Kolkata.
Luz Saude, Portugal’s second largest private hospital group by revenue, will become a listed company once again, six years after it was taken private by its insurer-owner, Fidelidade. The company has confirmed an IPO on Portugal’s Euronext Lisbon exchange will go ahead, almost a year after reports of plans to relist initially began circulating.
Pan-European listed French nursing home group Clariane is exploring disposal options for its Hospitalisation à Domicile and Services de Soins Infirmiers à Domicile (HAD/SSIAD) business in France with the members of the Comité Social et Economique Central d'Entreprise (CSEC).
Junior doctors in South Korea are striking in protest of the government’s decision to increase the country’s cap on medical school places by 65%, claiming it would negatively impact the quality of medical education and not fix the country’s health care shortages. With workforce being a major issue in health systems across the world — and one that is set to become increasingly pressing as populations age — this could be a portent of what is to come elsewhere.
OMRON Healthcare Co. Ltd, a global health monitoring and therapy medical equipment supplier, has finalised its acquisition of Luscii Healthtech B.V, a Dutch company specialising in digital health and remote patient monitoring platforms.
PE firm Nordic Capital has decided not to sell German nursing home group Alloheim, and instead to refinance it. Nordic Capital says it wants to hold onto the group “for the foreseeable future”.
Recare, a Berlin-based health tech company, has successfully raised €3.2 million in fresh capital to expand its digital discharge management marketplace in Germany.
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