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    Healthcare & Fitness

    Today

    Telix CEO Christian Behrenbruch has upgraded 2024 revenue forecasts.

    Telix shares hit new high on upgraded revenue forecast

    The biotech’s shares double in value this year due to strong sales in the United States for its prostate cancer imaging product.

    • Michael Smith

    Yesterday

    The IP was licensed from Johns Hopkins University, according to fund-raising documents.

    Imricor Medical Systems in $35m raise

    A presentation sent to potential backers said Imricor had spent 18 years and $US105 million ($155.7 million) on its technology.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Paul Anderson, who was CEO of Ten Network from 2015 to 2020, has hit the “sell” button on the Lumus, which operates from 150 sites.

    PE titans lob bids for Healius’ $700m Lumus Imaging; UBS offers staple

    Many have taken a look at Healius’ Lumus Imaging, but it was TPG Capital and Affinity Private Equity that put pen to paper when UBS collected offers last week.

    • Sarah Thompson, Kanika Sood and Emma Rapaport

    Ramsay’s French asset posts weaker earnings, launches debt refinancing

    The healthcare provider says lower government subsidies and inflation are hurting the performance of its Ramsay Sante business.

    • Michael Smith

    This Month

    Genesis Capital Partners founders  Michael Caristo and Chris Yoo.

    Business with a smile: Genesis Capital ramps up fight for dental biz

    With Genesis’ voting intentions out in the open, the coming weeks will see a flurry of activity in all camps.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
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    Genesis is holding on to a 19.9 per cent stake in private equity target Pacific Smiles.

    Crescent Capital in by the skin of its teeth at Pacific Smiles

    The private equity firm is facing an uphill battle to secure its ASX-listed target, with private equity rival Genesis Capital looming large on the register.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Dr Shaun Jackson.

    Heart Research Institute fights claim it ousted whistle-blower

    The Heart Research Institute faces allegations it pushed out its former head of cardiovascular research because he raised concerns about underpayment of funds and conduct of board members.

    • Max Mason
    White cheddar sauce over cooked broccoli.

    The research that favours swapping meat for cheese

    If there’s one thing that can turn carnivores into plant-lovers, it’s those tasty products made from milk.

    • Yasmin Tayag
    Consultancy firm CEO David Moloney, 58, changed his diet so he can live to 100.

    Vested interests at play in the chronic disease explosion

    A search for good nutrition opened a Pandora’s box of snake oil salesmen and crackpot solutions. It also provided clues to the surging levels of chronic disease.

    • Tony Boyd
    Banqer’s co-founder Kendall Flutey: an innovative approach to financial education can help address fiscal illiteracy.

    Kiwi impact on Aussie health and education

    Over the past few years, New Zealand has increasingly become a hub for innovative companies making significant strides across industries and entire economic sectors.

    Sponsored 

    by NZTE

    Australia is now one of Beigene’s major research markets.

    How to invest in the golden age of health disruption

    Investing in healthcare in today’s market combines exposure to two key drivers – structural demand growth and disruptive innovation.

    • Andrew McAuley
    Chemist Warehouse has an uphill battle to get its merger with Sigma Healthcare passed the ACCC.

    Hedge fund takes Barrenjoey to task over Chemist Warehouse deal

    Faced with competition regulator concerns, Wickhams Hill reckons Chemist Warehouse is far more likely to pursue a traditional IPO than sell stores.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Private equity firm Crescent Capital Partners owns National Dental Care, which has been sinking its teeth into dozens of dental practices and now owns 34 of them in Australia's $9 billion dental sector.

    Forced smiles: Crescent Capital, Genesis get their fangs out

    Pacific Smiles has been in a holding pattern since the dispute broke out.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Whiteoak was set up  by a group of former McKinsey & Co consultants including MD Richard Whiteoak.

    Growth PE firm Whiteoak adds NDIS software provider

    Whiteoak, a private equity firm founded by ex McKinsey & Co consultant Richard Whiteoak, has picked up a majority stake in Datanova.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Bendigo Hospital, designed by Silver Thomas Hanley with Bates Smart.

    Deutsche Bank backs $210m Bendigo Hospital public-private refinance

    Street Talk understands the German bank has come in as the project’s long-term lender, refinancing an existing bank syndicate.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
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    Dr Shrey Viranna

    I-MED snaps up US teleradiology player StatRad

    Aussie imaging giant I-MED is hoping to recreate its fast-growing teleradiology business in the US with a major acquisition.

    • Tess Bennett
    Wealthier Australians will pay more for aged care under a long-awaited government review, suggesting it may be a good time for Opal Aged Care shareholders to sell out.

    $200m-a-year Opal HealthCare courts buyers; Morgan Stanley hired

    While it remains to be seen how much of the business will be on offer, a big enough cheque will no doubt get everyone on board.

    • Sarah Thompson, Kanika Sood and Emma Rapaport

    June

    A digital wellness platform has won the best innovation prize in the health industries category.

    AI beats the experts at detecting prostate cancer

    When international AI teams competed with a pool of 62 radiologists in the first large-scale contest to diagnose prostate cancer, the machine won.

    • Jill Margo
    Novo Nordisk A/S signage on the floor of New York Stock Exchange, 2023.

    The Ozempic effect: How weight loss wonder drug gobbled up an economy

    Pharmaceutical giant Novo Nordisk has grown so large in its native Denmark that it’s hard to find staff. Meanwhile, its philanthropic foundation is running out of local causes to support.

    • Sanne Wass and Naomi Kresge
    Biotech entrepreneur Paul Hopper.

    Radiopharm in $65m raise; Nasdaq-listed strategic pays 47pc premium

    Diagnostics specialist Lantheus, capitalised at $8 billion on the Nasdaq, likes the look of Aussie company Radiopharm Theranostics.

    • Sarah Thompson, Kanika Sood and Emma Rapaport