Lemon Healthcare, a South Korean medical service platform provider, is actively seeking JV partners to penetrate overseas markets including Southeast Asia, the US, China and Europe, co-founder and Vice President Tony Lim told this news service. The Seoul-headquartered company is in discussions with several potential partners, Lim said. Meanwhile,
by Nate Trela in Denver, Michael Schoeck in New York and Heather West in San Francisco Capital needed for building distribution capacity and new technologies Vertical integration through hydrogen stack appealing to incumbents Energy majors taking steps into space Increasing pressure to step away from hydrocarbons in favor of clean energy sources sets up 2021 to be an active year for hydrogen, according to sector executives
by Dane Hamilton Cytocom, an immunotherapy-focused biotech company set to go public next year by merging with Cleveland BioLabs [NASDAQ:CBLI], is looking to raise at least USD 50m in the next year to fund late-stage clinical trials of later-stage drugs in development, according to CEO Michael Handley. Winter Park, Florida-based Cytocom agreed to an all-stock
by Yiqin Shen in New York Edoc Acquisition Corp [NASDAQ: ADOCU] is looking to leverage its proprietary physician networks as it hunts for a target in the US or Chinese healthcare services sector, according to CEO Kevin Chen and CFO Christine Zhao. The sweet spot for a deal is between USD 300m and USD 600m, they said, although the company is flexible and is open to considering
by Yiqin Shen in New York CarepathRx, a Nautic Partners-backed pharmacy and medication management company, plans to prioritize business implementation after scooping up a string of significant acquisitions this year, including a pending deal with UPMC, said CEO John Figueroa and COO Randy Hyun. Earlier this week, the Mercer Island, Washington-based company announced
by Heather West All but six refineries to be eventually sold or shut down “Not a great time” to be selling refinery businesses Growth expected in power, biofuel, marketing Royal Dutch Shell [NYSE:RDS.A] continues to pare down its refinery portfolio and simultaneously grow investments in new energies, said Guus Greve, vice president of acquisitions
by Philip Segal, with graphics by Mate Taczman Buyers paused at the onset of the pandemic Marked recovery in mega deals in Q3 Banner year for SPACs, expected to contribute to M&A Record bankruptcy filings indicate distressed M&A should continue In the weeks following the onset of the pandemic, Mergermarket published a forward-looking analysis predicting what the M&A recovery
Adam Orlando Innovaero, an Australian privately held complex aeronautical technology development company, is fast-tracking growth through acquisitions towards either a trade sale or an initial public offering (IPO), said founder and Executive Director Mike von Bertouch. Western Australia-based Innovaero, which has annual turnover of AUD 10m (USD 7.4m), would
Adam Orlando Orbital Corporation [ASX:OEC], the Western Australian tactical unmanned aerial vehicles (UAVs) engine designer and maker, may consider acquisitions to secure its supply chain “amid a COVID environment”, CEO Todd Alder said. The company, which has a market cap of AUD 86m (USD 63m), could seek to buy critical suppliers to ensure its production
