In its latest Series B financing round, Quantia was able to raise a total of USD10 million from major and current investors.
Healthcare Health/Fitness
Portugal shortlists bidders for Caixa Seguros
Caixa Seguros bidders whittled down to two. The government of Portugal had decided to include two companies as bidders for the privatization of insurance arm of state bank Caixa Geral de Depositos.
Surgical Care Affiliates files for US IPO to raise USD 100 million
TPG Capital-backed Surgical Care Affiliates filed for a USD 100 million US IPO. A regulatory filing revealed that Surgical Care Affiliates Inc filed for an initial public offering (IPO) in the US.
Foreign drugmakers unfairly targeted in China bribery probe- European Union Chamber of Commerce in China
The European Union Chamber of Commerce in China said there was unfair treatment to foreign firms in the China bribery probe.
Otsuka Holdings agrees on about USD 900 million Astex Pharma purchase
Japanese drug manufacturer Otsuka Holdings said it would be acquiring Astex Pharmaceuticals for close to USD 900 million.
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Vivus Inc. announced a new chief executive officer in the person of former Johnson & Johnson executive Seth H. Z. Fischer after Tony Zook resigned due to health issues.
Pamlico Capital places a significant equity investment in Physicians' Endoscopy. The management team of Physicians Endoscopy with Pamlico Capital announced the completon of an equity investment in Physicians Endoscopy LLC.
Swedish pharmaceutical firm Meda announced the signing of a deal for the USD 135 million purchase of US-based Acton Pharmaceuticals.
Finland rolled out a EUR 9 billion plan enough to pay for welfare expenses of its aging population. The government of Finland agreed on a plan to ensure that it would have money to pay welfare costs for its fast-growing elderly population.
For a Round-A venture capital investment, Vodafone Ventures Egypt would be taking a 22.22% stake in online pharmacy Agzakhana.com.
Geneva-based biopharmaceutical company ObsEva announced that it was able to raise CHF 32 million for its Series A round.
Endo Health Solutions announced acquisition of Boca Pharmacal for USD225 million. Endo Health Solutions Inc. is a specialty pharmaceutical company manufacturing both generic and branded drugs.
Simcere founder with the firm's CEO formed a consortium to bid for the purchase of Simcere Pharmaceutical Group.
Award-winning writer Tricia Romano recounted for news site "The Daily Beast" how TV series "Breaking Bad" aptly depicted the recent state of the US healthcare system.
