OrbiMed’s $500 million healthcare fund will join a growing field in India in particular, as well as a few other Asian countries. Not sure how well OrbiMed will like the transition from bio-pharm to services. Private equity funds have made $823 million worth of EXITS so far this year (2 months) through 28 transactions
Have to love the fearful as they turn to all kinds of attempts to harness a no-win effort to repeal ObamaCare in the US. From the always out there American Thinker: In order to cut healthcare costs, Great Britain and soon the U.S. will eliminate (kill) patients whose only crime is being expensive to treat. It’s all here.
I was in Istanbul last year and heading there again next month. The bankers I met with let me in on a hard reality: domestic capital is almost non existent. And more to the point, the GCC region is on it already. Next month is the IFC-JHI Global Healthcare Conference.
From WIRED, a study on the Future of Healthcare IT study that sought the input of 100 healthcare CIOs and senior IT executives from around the US. 2013 priorities and challenges: the implementation of electronic health records (EHRs) topped both lists, with more than one-third calling it their top priority and one-quarter also naming it their top challenge.