Elevance Health, the parent company of Anthem Blue Cross and Blue Shield, has finalized its acquisition of Indiana University Health Plans, a managed care organization affiliated with Indiana University Health. The financial terms of the deal remain undisclosed. With the…
UAE Abu Dhabi based Mubadala Investment Company, the Abu Dhabi-based sovereign investor, has acquired an 80% stake in Global Medical Supply Chain (GMSC) and Al Ittihad Drug Store (IDS) from GlobalOne Healthcare Holding (GHH). This acquisition aims to bolster Mubadala’s…
Smart ring pioneer ŌURA has raised $200 million in a Series D funding round, propelling the company’s valuation to $5.2 billion. The round includes a $125 million infusion following a $75 million investment from medical device giant Dexcom last month.…
Healthcare spending in the United States reached a record-breaking $4.9 trillion in 2023, growing at a rate of 7.5% compared to 4.6% in 2022. This surge, highlighted by a new report from the Office of the Actuary at the Centers…
BioSapien, a pioneering drug delivery platform focused on localized cancer treatment, has announced the successful closure of a $5.5 million (AED 20.2 million) pre-Series A funding round. The round was led by Global Ventures, with participation from Dara Holdings. Fueling…
