Private equity

OrbiMed secures $4.3B to invest in biotech firms

OrbiMed raises $4.3B for 3 funds to back biotech startups

Anika Sharma

OrbiMed, a major global financier of biopharmaceutical companies, has successfully amassed $4.3 billion, earmarked for investment in emerging healthcare and ...

Medtronic to sell its medical supplies unit to Carlyle Group for $7 billion

Medtronic to sell its medical supplies unit to Carlyle Group for $7 billion

Anika Sharma

In a significant development nearly a year after Medtronic’s announcement of its intention to spin off its patient monitoring and ...