Healthcare
Medicxi, RA Capital in $30m series-B for Xenikos
Firm intends to advance the development of its lead compound, T-Guard, with the fresh capital
EQT sells HTL-Strefa to Investindustrial
Investindustrial will merge HTL with PIC, a division of Artsana Group's healthcare business
EQT's Sivantos merges with Widex
Enterprise value of the combined entity is estimated at €7bn, according to the GP
Investcorp launches dental buy-and-build
New group will employ approximately 250 people at its two locations in Albstadt and Olsberg
Creathor in €10m series-B for Acousia
LBBW Ventures, Bregua Corporation and existing backers BIVF and KfW also take part in the round
Hg buys Medifox from ECM
Sale ends a five-year holding period for ECM, which acquired the business in May 2013
Permira acquires Corin from DeA et al.
GP draws capital from its €7.5bn global fund to acquire the orthopaedic implants firm
Gilde Healthcare sells NightBalance to Royal Philips
Philips expands its sleep and respiratory care portfolio through the acquisition
Gilde Healthcare exits Stat-DX
Gilde Healthcare led a €31m funding round for molecular diagnostic specialist Stat-DX in 2016
Nordic Capital sells remaining shares in ConvaTec
With shares priced at 220 pence apiece, total gross proceeds amounted to £315m in the final sell-off
Yabeo et al. in $17m series-A for Cera
Online elderly care platform will expand into Germany and across the UK following the deal
Axcel acquires Orion Diagnostica in €163m deal
Deal is the fourth investment from Axcel V, which held a €617m final close in April 2018
Andera leads $70m series-B for Crescendo Biologics
UK-based biotechnology company will progress its lead programme to the clinical stage
Sofinnova leads €26.5m round for EryDel
Existing shareholders Genextra and Innogest also take part in the investment round
Sofinnova leads €35.5m capital increase for Inventiva
Capital is drawn from Sofinnova Crossover Fund I, which held a final close on €275m in April 2018
NB Renaissance Partners et al. exit Esaote
Chinese consortium wholly acquires the Italian medical imaging company
Andera et al. in €20m series-A for MMI
VC houses Panakès Partners and Fountain Healthcare Partners also took part in the funding round
Vesalius et al. lead $4.6m round for Sword Health
Vesalius deployed capital from its Vesalius Biocapital III fund, which was launched last year
Sofinnova et al. back €27m series-C for Limflow
BPI France and Balestier, a Singaporean family fund, also take part in the financing
Turenne Capital invests €9.8m in Infimed
Turenne acquires a majority stake in the medical device financing business through the transaction
Gilde Healthcare’s Rad-X buys TelradKo
Acquisition will provide TelradKo with fresh capital to accelerate its expansion
Advent International in €1.91bn Zentiva carve-out
GP to buy generics business division Zentiva from French biopharmaceutical company Sanofi
Charterhouse's Cooper-Vemedia buys 12 Sanofi brands for €158m
Deal is the second major bolt-on acquisition for the group since the GP acquired it in 2015
VC firms back £29m series-B for Enterprise Therapeutics
Forbion, Versant, Novartis, Epidarex and IP Group all take part in the financing