AAB Group Co, a diaper manufacturer based in China, has filed an application to hold a $300 million initial public offering in Hong Kong, sources interviewed by Bloomberg revealed.
Healthcare Health/Fitness
Ex-Apple CEO John Sculley backs telemedicine startup MDLive to reform healthcare by using new technologies- report
Former Apple Chief Executive John Sculley is betting that telemedicine startup MDLive will be able to bring medical practice to the modern age, VentureBeat reported.
US startup Change Collective raises $1.4M seed funding for self-improvement app
Boston, US-based startup Change Collective raised $1.4 million in seed funding from local investors to develop a self-improvement mobile website and native app and to expand its workforce.
Venture capital investment in India's healthcare tech on the rise- report
While venture capital funding for healthcare influenced by information technology or HIT is more pronounced in the US, venture capitalists are also showing interest in the niche in India, The Hindu Business Line reported.
Synthelis secures €610,000 initial funding from French investors
French investors provided Synthelis, a company based in La Tronche, France that specializes in the production and characterization of therapeutic targets and antigens, with initial funding of €610,000.
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As the New Year starts to roll, private equity firm Carlyle joins the other firms racing to make acquisitions with its $4.15 billion purchase of a Johnson&Johnson unit, the Financial Times reported.
Mercom Capital Group, llc, a global communications and consulting firm, released its annual report on funding and mergers and acquisition (M&A) activity for the Healthcare Information Technology (IT) sector in 2013.Healthcare IT - Top 5 VC Funded Companies in 2013
Patients with a single illness who take many drugs have an increased risk of being admitted to hospital, but for patients with multiple conditions, taking many medicines is now associated with a near-normal risk of admission.
Gentium investors sued the company's board and Jazz Pharmaceuticals in an attempt to stop the acquisition of Gentium, claiming that the tender offer was flawed, Bloomberg reported.
TaiGen Biotechnology Company Ltd, a biotechnology firm in Taiwan, has given Russia's R-Pharm the exclusive license to develop and commercialize the anti-infective compound nemonoxacin in the Russian Federation, Turkey and the Commonwealth of Independent States.
Kerala, India-based healthcare service provider Aster DM Healthcare is in talks with investment banks for a $200-million initial public offering (IPO) in London or Mumbai within a year.
US-based mobile health consultation app First Opinion raised $1.2M in funding from Greylock, Yuri Milner, Felicis Ventures, and 500 Startups to expland its consultants and workforce.
The Government Accountability Office said the spinoff of SAIC Inc invalidated the health services contract awarded to it by the National Aeronautics Space Administration, Bloomberg reported.
Sanofi will be purchasing a 12% stake in Alnylam Pharmaceuticals as well as access to the drugs it has developed for rare diseases, Bloomberg reported.
