Levine Leichtman Capital Partners (LLCP) has announced it has partnered with management to acquire Caring Brands International (CBI).
AMO Pharma Limited has announced it has secured $25 million in private equity financing.
AMO Pharma, with offices in Philadelphia and London, is a privately held biopharmaceutical company focusing on debilitating diseases with limited or no treatment options.
The … Continue Reading
The specialty pharmacy market is particularly ripe for opportunity. We’ve seen increased merger and acquisition activity in this health care sector, with consistently high valuations, as a variety of different candidates look for acquisition opportunities, including large retail pharmacy chains … Continue Reading
A U.S. Bankruptcy Court judge has approved the sale of Health Diagnostic Laboratory (HDL), based in Richmond, Va., to True Health Diagnostics, based in Frisco, Texas, for $37.1 million, according to a Richmond Times Dispatch report.
The sale of … Continue Reading
Silversmith Capital Partners has announced it has closed on its first private equity fund — Silversmith Capital Partners I — at $460 million of commitments.
With the increasing shift toward high deductible plans, families nationwide are likely to experience an increase in their annual out-of-pocket costs. How much?
True Health Diagnostics, based in Frisco, Texas, has offered to acquire Health Diagnostic Laboratory (HDL), based in Richmond, Va., for $32 million, according to a Richmond Times Dispatch report.
Intellia Therapeutics has announced it has secured $70 million in series B financing.
Syndax Pharmaceuticals has announced (pdf) it has secured $80 million in series C financing.
Syndax, based in Waltham, Mass., is a clinical stage biopharmaceutical company. It is developing entinostat, an investigational, targeted, epigenetic immunomodulator, as a combination therapy in … Continue Reading
Incidences of skin cancer in the United States have increased over the past 30 years, especially among patients over the age of 60. As of 2014, 42 percent of dermatology patients were over the age of 60, and the U.S. … Continue Reading
WAVE Life Sciences has announced (pdf) it has secured $66 million in series B preferred stock financing.
Metacrine has announced it has secured $36 million in funding.
Metacrine, based in San Diego, Calif., is a biotechnology company focused on advancing research in nuclear hormone receptors for treatment of metabolic diseases originated at the Salk Institute for … Continue Reading
In a report authored by CMS’s Office of the Actuary and published in Health Affairs, CMS projected that healthcare spending would grow by an average of 5.8% in the aggregate over 2014-2024. Such a rate is 1.1% higher than … Continue Reading
Deerfield Management Co. has announced the launch of a new $550 million healthcare venture-capital fund, Deerfield Healthcare Innovations Fund, L.P.
The firm indicated the new fund will invest in advancements in science that may lead to therapeutic interventions in genetic … Continue Reading
Medical Properties Trust (MPT) has announced it will acquire Capella Healthcare for $900 million in cash.
Oncobiologics has announced it has secured $31 million in funding.
Oncobiologics, based in Cranbury, N.J., is a biopharmaceutical company focused on developing and commercializing monoclonal antibody biosimilar therapeutics.
NaviMed Capital has announced (pdf) the closing of its inaugural healthcare private equity fund, NaviMed Partners, LP.
The fund has more than $110 million of total capital commitments.
Aetna will acquire Humana for a combination of cash and stock valued at $37 billion, according to a joint news release from the two insurers.
The U.S. Supreme Court has issued its King v. Burwell (pdf) decision regarding the validity of premium assistance issued by federally run insurance marketplaces.
In a 6-3 ruling, the Supreme Court upheld subsidies for the millions of people who have … Continue Reading
A recent flurry of activity in the health insurance industry would seem to indicate that investors can expect significant consolidation in the managed care sector.
A new column from Becker’s Hospital Review identifies 50 things to know about healthcare costs.
Topics covered include the rise in spending; cost of hospital services; spending on drugs and services; and growing out-of-pocket costs.
These are interesting facts for … Continue Reading
The role of retail clinics in health care has been steadily and rapidly expanding in recent years, and private equity funds are taking note. The private equity community has actively invested in this arena with some regularity in the past … Continue Reading
Shockwave Medical has announced it has secured $40 million in funding.
Shockwave Medical, based in Fremont, Calif., develops technology for the treatment of peripheral and coronary vascular disease and aortic stenosis. It is the developer of Lithoplasty balloon catheters.… Continue Reading
Below is a link to view the latest entry from the monthly Law360 that we publish relating to healthcare private equity investments. This column was written by Geoff C. Cockrell and Amber McGraw Walsh, McGuireWoods LLP, together with Hunter Atkins … Continue Reading