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France: Sofinnova Partners closes oversubscribed €82m MD Start IV fund

Life Sciences Nick Herbert -
Sofinnova Partners, a France-based European life sciences venture capital firm, has announced the final close of Sofinnova MD Start IV at €82m (US$93m). The fund, which was oversubscribed, will help expand Sofinnova's medtech company-creation strategy across Europe and the US with greater capacity to launch new ventures and support...

UK: Medneo accelerates growth and enters veterinary imaging with acquisition of Burgess Diagnostics

Buy Out Nick Herbert -
Medneo, a leading UK diagnostic imaging provider has acquired Burgess Diagnostics, a provider of mobile MRI and CT diagnostic imaging services for the veterinary sector, from Solingen Private Equity. The acquisition marks Medneo’s first move into veterinary imaging and follows its acquisition of Ramsay Health Care UK mobile imaging assets in July, which saw it sign a six-year exclusive contract to provide mobile imaging services across Ramsay’s national hospital network.  Established in 2003, Burgess Diagnostics provides advanced mobile MRI and CT imaging to veterinary practices, referral centres and specialist hospitals across...