Healthcare Sector

Articles, news and analysis on growth businesses operating in the healthcare sector.


Rising star: Marc Koska

Marc Koska spent 24 years working on his single-use syringe, which is designed to reduce the spread of disease in poor countries. His company Star Syringe is now profitable with revenues of £1.5 million


NeutraHealth’s Perrigo deal

NeutraHealth has become the UK's largest provider of private-label vitamins and supplements after buying one of its rivals.


Neoss raises £10 million

Dental implant company Neoss has completed a £10 million round of funding from venture capital firm MM Ventures, its sixth from the investor.

Mergers & Acquisitions

Healthcare enjoys deal bonanza

With the private sector increasingly taking over providing healthcare facilities, entrepreneurs and private equity firms are taking advantage of opportunities to make some serious cash.


Chief executive buys CliniSys

A developer of software designed to support healthcare professionals has been bought by its chief executive. CliniSys, which specialises in laboratory information management systems, was sold to a team led by Fiona Pearson.


ImmuPharma plots reversal

Drug developer ImmuPharma, which is focusing its efforts on converting small peptides into clinically viable compounds, hopes to launch on AIM on Friday – after raising £2.2 million from investors with the aid of broker KBC Peel Hunt.


Quester’s flu boost

A company in which technology specialist VCT manager Quester has invested stands to receive a boost from rising fears over a possible Avian flu outbreak. The investment group backed PowderMed via the Isis College Fund it manages, in an initial £20 million fundraising in May 2004.


Noble buys Sitka

Specialist healthcare investor Sitka, founded by former Schroders venture capitalist Gerard Tardy and Dr Louis Nisbet, who built up quoted biotech Xenova, has been bought by Noble Fund Managers.


£800,000 for Quotient

Diabetes testing technology developer Quotient Diagnostics has raised £800,000 from a syndicate of backers - including The Capital Fund, GEIF Ventures and NESTA - and will use the cash to develop its technologies through to commercialisation.


Hotbed for nursing home

Private investor network Hotbed has raised £4 million from its members, as part of a total £15 million expansion capital package for nursing homes operator Mimosa Healthcare.


Laser firm lights up AIM

A producer of equipment using lasers that treat medical and cosmetic skin conditions will join AIM next week, having raised £1.6 million net via a placing organised by Corporate Synergy.


Armstrong extracts £1m

Armstrong Healthcare, the developer of precision robots for neurosurgical, cardio-thoracic and laparoscopic procedures, has completed a £1 million top-up fundraising to support clinical trials of its three main products.