Novaquest Capital Management lands USD459 million for its Fund III. NovaQuest Capital Management had announced the closure of NovaQuest Pharma Opportunities Fund III LP.
Healthcare Health/Fitness
CapMan exits from Curato
CapMan sold its equity stakes in Curato AS to Altor Fund III. Funds managed by CapMan have completed the exit from Curato AS, as announced earlier in its press release on September 16.
Svelte Medical Systems raises USD22 million in funding round
Svelte Medical Systems had closed USD22 million from its latest funding round to be used for its new heart surgery products and research.
Edmond de Rothschild closes BioDiscovery 4 Fund
Edmond de Rothschild raises EUR192 million or USD250 million for its BioDiscovery 4 fund. The Edmond de Rothschild Investment Partners have announced the closure of its BioDiscovery 4 Venture capital fund for European life science companies.
Hookipa raises EUR20 million in Series B funding round
Hookipa Biotech AG, whose Vaxwave Technology, would help in the furtherance of infectious disease control and cancer management.
Latest News
Essar Group planned to bid for water projects in India. The Essar Group said it intended to make bids for various water projects in India. Essar Concessions India Ltd Chief Executive Officer Neeraj Sanghi said they planned to bid for water distribution and sewage plants and desalination facilities.
WebMD's acquisition of tech startup Avado would help the healthcare resource website regain its position back as a market leader.
Paracetamol is an active ingredient in many drug formulations which now is subject to a USD787 per tonne anti-dumping duty.
Sarissa Capital Management acquired a 6.22% ownership stake in biotechnology firm Ariad Pharmaceuticals.
Securus Medical Group raised USD 6.5 million at the initial close of its Series B round led by 3X5 Special Opportunity Fund.
Vention Medical, one of the firms in the Fund IV of KRG Capital Partners, acquired Fast Forward Medical.
Water Street Healthcare Partners sells off assets in the past three weeks. The strategic investor with special focus on the health care industry, Water Street Healthcare Partners, announced the recent sale of its outsourced pharmaceutical services firm AAIPharma Services Corp.
Hypermarcas would be repurchasing 40% worth of its USD 750 million outstanding global bonds that would expire on in 2021.
A report from the Associated Press revealed that more US troops were taking refuge in military lipo to meet strict physical fitness requirements.
