by Avery Swett | Feb 6, 2024 4:35 pm | CDMO, Other Services
Novo Holdings A/S announced that it will acquire Catalent, Inc. in an all-cash transaction that values Catalent at $16.5 billion on an enterprise value basis. The purchase price represents a premium of 16.5% to the closing price of Catalent’s common stock as of... Read More »
by Avery Swett | Feb 6, 2024 4:33 pm | eHealth, Private Equity
Aquiline Capital Partners announced that it has made a majority investment in Health Prime International, headquartered in National Harbor, Maryland. Health Prime International provides practice management and revenue cycle management (RCM) solutions to medical... Read More »
by Avery Swett | Feb 1, 2024 11:49 am | Medical Devices
Boston Scientific announced its fourth quarter and full year 2023 results the morning of Wednesday, January 31. The company’s revenue for the quarter rose 15% from $3.2 billion during Q4 2022, to $3.7 billion. For the full year 2023, the company generated net... Read More »
by Avery Swett | Feb 1, 2024 11:48 am | Managed Care
Cigna has announced the sale of its Medicare Advantage, Cigna Supplemental Benefits, Medicare Part D and CareAllies businesses to Health Care Service Corporation (HCSC) for a total transaction value of approximately $3.7 billion. HCSC is the United States’... Read More »
by Avery Swett | Feb 1, 2024 11:44 am | Physician Medical Groups, Private Equity
Orthopedic Care Partners (OCP), a portfolio company of Varsity Healthcare Partners, announced its strategic affiliation with Palm Beach Hand to Shoulder in Jupiter, Florida. Palm Beach Hand to Shoulder is an orthopedic practice owned by Veronica A. Diaz, MD, a... Read More »