acquisition

A pharmacist doing stock inventory using a digital tablet
By  Adam Ang 12:16 am May 30, 2024
Telstra Health is set to fully acquire pharmacy IT solutions provider Fred IT Group.  The company, which has been holding 50% interest in Fred IT since 2013, disclosed in a media release that it will be purchasing the remaining half of equity from the Victoria branch of the Pharmacy Guild of Australia and Paul Naismith, Fred IT co-founder and CEO.  Upon the close of the transaction, Naismith will...
An obstetrician-gynaecologist reading an automated report by Sonio Detect
By  Adam Ang 08:40 pm May 14, 2024
Seoul-based medical equipment maker Samsung Medison has recently agreed to fully purchase Sonio, a foetal ultrasound AI company in France, for 126 billion won ($92 million).  The four-year-old French startup has been developing IT solutions for obstetrics and gynaecology ultrasound, assisting medical professionals in documenting and evaluating ultrasound examinations.  Last year, it obtained the...
A doctor answering online inquiries on a laptop
By  Adam Ang 03:44 am September 8, 2023
Online health information platform AskDr has been acquired for an undisclosed sum by Health Innovations, a group of medical doctors based in Singapore. AskDr serves as an online avenue for trusted medical advice and personalised health information. It enables patient-led discussions with doctors as moderators.  Launched during the pandemic, it was run by volunteer doctors who help address medical...
Satish Kannan, CEO and co-founder, MediBuddy
By  Adam Ang 11:18 pm February 9, 2023
Virtual health company MediBuddy has acquired the telehealth business of US-based managed healthcare company Aetna in India. vHealth by Aetna, which is run by Aetna's subsidiary Indian Health Organisation (IHO), offers subscription-based primary healthcare services, including telephone and video consultations and delivery of medicines, blood tests and other home healthcare products across 38...
[Left-Right] Travis Seet, CFO, and Dr Chin Pak Lin, CEO, Asian Healthcare Specialists; Lim Wai Mun, CEO and founder, and Edwin Basuki, CFO, Doctor Anywhere Credit: Doctor Anywhere
By  Adam Ang 02:50 am December 22, 2022
Singaporean telehealth company Doctor Anywhere has fully acquired Catalist-listed Asian Healthcare Specialists, a multidisciplinary medical care group. The latter offers a wide range of specialist services, including anaesthesia, dermatology, family medicine, gastroenterology, ophthalmology, orthopaedics, otorhinolaryngology, rehabilitation and urology, across 12 clinics in Singapore. Its 14...
Advanced Human Imaging website
By  Adam Ang 03:05 am December 2, 2022
ASX-listed Advanced Human Imaging has restructured its board while completing its takeover of Canadian digital health company wellteq.  In a corporate disclosure, AHI announced the appointment of wellteq CEO and co-founder Scott Montgomery as its incoming CEO.  Montgomery has helped build wellteq, serving as CEO, President and director, since its inception in 2013. He has over two decades of...
Logos of HCAH and Seniority
By  Adam Ang 02:42 am November 18, 2022
HCAH acquires digital care platform Seniority HCAH, a health tech company in the out-of-hospital care segment in India, is expanding to elderly care with its acquisition of senior-centric digital care platform Seniority by the RPG Group. Seniority is one of the largest elderly care platforms in India with a portfolio of more than 20,000 medical and lifestyle products for seniors.  HCAH bought the...
MediBuddy logo
By  Adam Ang 10:19 pm July 17, 2022
Health tech startup MediBuddy has acquired Clinix, a telehealth platform focused on providing online health services in rural India, for an undisclosed sum. Founded in 2020, Clinix has an Android mobile app for booking online doctor consultations. Its network covers 20 tier 3 and 4 cities where it has also set up kiosks that assist patients in accessing online consultations. WHAT IT'S FOR...
Pristyn Care logo
By  Adam Ang 05:09 am June 8, 2022
Indian health tech company Pristyn Care has bought Lybrate, a mobile health platform, for an undisclosed amount as part of its expansion into primary care. Founded in 2014, Lybrate helps connect over 300,000 doctors to patients. It claims to have managed more than 200 million annual interactions in India over the last five years. The company also runs a doctor-facing app called GoodMD which...
eMedAsia website
By  Adam Ang 12:03 am April 8, 2022
Hong Seng's eMedAsia, CLEA partner to provide virtual COVID-19 screening for international travel Malaysian digital health platform eMedAsia has started offering online COVID-19 testing services through its partnership with CLEA Technology. Its partner provides virtual COVID-19 RTK and PCR screening services via the CLEADOC mobile app. It serves travellers who are seeking COVID-19 tests as a pre-...