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.
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.
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 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.
Legal & General Ventures, the private equity arm of the eponymous financial services group, has bought healthcare products manufacturer and distributor Verna for £60 million.
Plethora Solutions, developer of products treating a variety of urological diseases, has floated on AIM, raising £10 million in a placing advised by Collins Stewart.
Rolf Stahel, the well-regarded former chief executive of Shire Pharmaceuticals, has agreed to become non-executive chairman of Oxford-based PowderMed, a specialist in developing immunotherapeutics.
