HealthHero Expands Digital Health Services Across Europe
HealthHero, a leading telehealth provider, has expanded its 24/7 virtual doctor services to Germany, alongside the UK, Ireland, and France. The company reported £101.8 million in revenue for 2023, reflecting growing adoption of digital healthcare solutions. 🌍 Expansion highlights: ✅ Increased access to remote consultations ✅ AI-powered telemedicine solutions ✅ Growing demand for convenient healthcare […]
Evonik Restructures Healthcare and Adhesives Units
German chemicals giant Evonik has announced a strategic restructuring of its healthcare and adhesives divisions to focus on high-growth markets. The company plans to double down on lipids for mRNA therapies and drug delivery systems as part of its healthcare strategy. ⚠ Challenges faced: 🔹 Declining demand for certain chemical products 🔹 Market shifts towards […]
Sonic Healthcare Acquires German Laboratory Business
Australia’s Sonic Healthcare is set to acquire German lab group LADR for €423 million, expanding its European diagnostics footprint. LADR operates over 80 laboratories, specializing in medical diagnostics and pathology services. 📌 Why this deal is significant: ✔ Strengthens Sonic’s presence in Germany’s medical diagnostics market ✔ Enhances collaboration between AI-driven pathology and digital healthcare […]
Exakt Health Raises €2M for Digital Sports Physiotherapy
Berlin-based Exakt Health has secured €2 million in funding to expand its AI-driven sports physiotherapy platform. The company offers personalized running plans to prevent injuries and support rehabilitation, making it the first certified digital physiotherapy medical device in Germany. 💡 Why it matters: ✅ AI-based rehabilitation tools improve patient recovery ✅ Increased accessibility to remote […]
Germany’s Earlybird Raises €173M Healthtech Fund
Venture capital firm Earlybird has launched a €173 million fund to invest in biopharma and digital health startups across Europe. The fund comes as pharmaceutical companies face an approaching patent cliff in 2030, increasing the demand for innovative drug development and digital healthcare solutions. With this new capital, Earlybird aims to support startups in AI-powered […]
Germany Rolls Out Electronic Patient Records (ePA)
Germany is taking a significant leap toward digital healthcare transformation by rolling out Electronic Patient Records (ePA) nationwide. As of January 15, 2025, all statutory health-insured individuals will have access to ePA, enabling secure data sharing among healthcare providers. 📌 Key benefits of ePA: ✔ Improved patient data accessibility ✔ Faster diagnosis and treatment ✔ […]
New Report Reveals How Start-ups Can Access Germany’s €498bn Healthcare Market
A recent report by EIT Health provides a roadmap for European healthcare startups aiming to enter Germany’s €498 billion healthcare market. The guide offers crucial insights into regulatory requirements, reimbursement models, and growth strategies for startups looking to scale in Germany. Key takeaways from the report: ✅ Understanding Germany’s insurance-based reimbursement model ✅ Navigating the […]
Germany’s Biotech Sector Enjoys Investment Surge
Germany’s biotech industry has witnessed a substantial surge in investments, with over €1.6 billion injected into the sector in the first nine months of 2024. This marks a 70% increase compared to the previous year, highlighting growing investor confidence in Germany’s biotech and life sciences market. Startups such as Ariceum Therapeutics and Eisbach Bio have […]