USA > Temasek to invest $800M in Verily Life Sciences

Verily_Life_Sciences.svg Singapore based investment company-Temasek to invest $800Mn in Verily Life Sciences. With the investment Temasek will have a minority stake in the company. This investment by Temasek will help Verily to commercialize and expand its healthcare solutions globally. Also in the deal is a condition that lets Temasek nominate director to the operating board in Verily.   About Verily Life More …

ISRAEL > Chinese Pharmaceuticals company-Yiling to Invest $20 Million in HealthWatch

Untitled China based Yiling Pharmaceuticals to invest $20Mn on Israel based medical grade smart clothing company- HealthWatch. Out of $20Mn Yiling Pharmaceuticals will use $15Mn to hold 23% share in HealthWatch and $5Mn for gaining Chinese distribution rights.HealthWatch was successful to achieve the first ever CE/FDA-approval for medical device garment that continuously monitors ECG and wider vital signs with much more precision. More …

BRAZIL > Ontex to acquire Hypermarcas’s personal hygiene business for $312.74Mn

ontex Belgium based Ontex Group to acquire Hypermarcas’s personal hygiene business for R$1bn ($312.74Mn). The deal is expected to complete in first quarter of 2017 after completion of customary conditions and governmental approvals. After the deal Ontex CEO Charles Bouaziz said, “Following the successful integration of Grupo Mabe in Mexico, adding this business to our Americas Retail Division will give us More …

GERMANY > SCA to acquire BSN medical for $ 2.88 bn

SCA_company_logo.svg Sweden based SCA is in process to acquire BSN medical for €2.74 bn ($ 2.88 bn) on a debt- and cash-free basis. The deal is subject to customary regulatory approvals and transactional closing is expected to finish by second quarter 2017. BSN medical develops, manufactures, markets and sells products within wound care, compression therapy and orthopedics. BSN medical has brands More …

USA > Italian VC group Principia invests $4.24Mn in AnaBios Corporation

principia Italian venture capital group Principia invests €4Mn ($4.24Mn) in San Diego based biotechnology company, AnaBios Corporation. Principia primarily specializes in Healthcare and Medical Devices. The €4Mn ($4.24Mn) investment by Principia will help AnaBios Corporation to reach its $10Mn Series B funding target. With this round of funding AnaBios plans to expand contract research capabilities and accelerate the development of the company’s drug More …

INDIA > US Based Drugmaker Baxter to acquire Claris Injectables Limited

baxter_logo_md Deerfield, Illinois based Baxter International has entered into definitive agreement to acquire India based Claris Injectables Limited for $625 million. The deal is expected to close in the second half of 2017. With this acquisition Baxter gets fully integrated research and development expertise and three manufacturing facilities registered with different global regulatory agencies, including the U.S. Food & Drug Administration (FDA) and authority More …

USA > Spain based Grifols to acquire U.S. based Hologic’s NAT (Nucleic Acid Testing) donor screening unit for $1.85 billion

grifols Barcelona based healthcare company Grifols has entered into an agreement with U.S. based Hologic to acquire the NAT (Nucleic Acid Testing) donor screening unit for $1.85 billion. Grifols will finance the acquisition with $1.70 billion term loan and remaining with cash.  The deal is expected to complete by first quarter of 2017. A plant in San Diego, California along with More …

INDIA > Samara Capital acquires South Africa’s Adcock Ingram’s Indian Pharma Business

samara-capital-logo Indian private equity firm Samara Capital has bought South African drug maker – Adcock Ingram’s pharma business in India for Rs. 151 crores (about $22.26 million) in all cash deal. The deal includes Adcock Healthcare’s Cosme Farma Laboratories with its manufacturing and distribution unit. Privately held Cosme Farma Laboratories Ltd. was acquired by Adcock Healthcare three years ago for Rs. More …