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...London-based healthcare investor GHO Capital has this year hired advisers from JPMorgan to oversee a sales process for FairJourney Biologics, a contract research organisation that works on behalf of pharma...
...Such groups have become the focus of venture capital investors, who have increasingly been crowded out from an AI investment boom by Big Tech companies that have showered billions of dollars on groups making...
..., HCA International or Circle Health Group, with the fees paid for by patients, the NHS or insurers....
...The government has told the OBR to assume 1 per cent real-terms growth a year for public spending to 2028-29, but healthcare pressures are growing at least three times that fast....
...Wachter adds: “I do believe that AI will be transformative, but healthcare is so stressed, [cash-]strapped and expensive that for the next 10 or 15 years it is unlikely whole medical groups will get fired...
...FTSE 100 peer Admiral posted group pre-tax profits of £443mn for 2023, up almost a quarter on rising car insurance premiums but below analysts’ expectations....
...Spire has been expanding in complementary services and in October paid £74mn for Vita Health Group, a mental health provider....
...The more common argument, however, is that legalisation would be dangerous, that vulnerable people would be pressured into assisted deaths and that the only safe solution is a blanket ban....
...The UN considers UNRWA a “humanitarian lifeline” that is “pivotal in providing life-saving humanitarian aid and essential social services”, particularly healthcare and education, to Palestinian refugees...
...He said: “I say to some of those online campaign groups . . . instead of campaigning at politicians saying ‘don’t use the private sector’, why don’t you campaign at your professional colleagues who spend...
...The region-wide Stoxx Europe 600 added 1.1 per cent — led higher by strong performance from technology groups and healthcare stocks....
...European equities slipped on Thursday, pulled lower by a decline for healthcare stocks and utilities. The region-wide Stoxx Europe 600 was down 0.1 per cent....
...J&J’s medtech division has outstripped the growth of the company’s drugs and diagnostics business, generating $30.4bn in sales last year, or 35 per cent of group revenues....
...This is a pragmatic solution to the company’s excessive debts but an attractive one. Embracer is the creation of entrepreneur, chief executive and controlling shareholder Lars Wingefors....
...In the past five years, private equity groups have backed about $140bn of US healthcare deals, making it the third most active sector behind technology and financials according to figures from Refinitiv....
...Grifols, Spain’s most successful global healthcare group, has been rocked by fraud allegations from a UK-based short seller that sent its share price plunging by more than 40 per cent and wiped billions...
...Gross margins for Medicare Advantage enrollees in 2021 were on average twice those in the fully insured group/employer market, according to KFF, a health policy research group....
...There are still no signs of dividends for WAG Payment Solutions shareholders....
...Chewy wants to expand its offerings in pet healthcare. That makes sense. As pets grow older, they need more supplements, vet visits and medications....
...Mass production would push prices down but the variety of tasks involved requires customised solutions, making this difficult. Generative AI applications in healthcare could reduce care costs....
...Demand for weight-loss solutions is high in China, where obesity rates among Chinese adults have also more than doubled in less than two decades....
...The group acquired healthcare provider One Medical in 2022 and last year announced the rollout of RxPass, which allows Prime members to order an unlimited amount of some unbranded prescription medications...
...“Parent” groups 3M and GE Aerospace rallied since the separations and ended the week higher, while Solventum and GE Vernova ended their first week of trading in the red....
...Countries should overhaul testing for prostate cancer to focus more on vulnerable groups, scientists have urged, as new research forecasts global deaths from the disease will almost double in 20 years....
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