Business

Hedge Fund Tables £1bn Bid for Spire Healthcare as Private Hospital Sector Consolidates

Toscafund's 250p-per-share proposal sends shares surging 47%, with the board indicating it would recommend the offer to shareholders.

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Distilled Post Editorial Team

AI Drug Discovery Firm Secures £1.6 Billion to Bring Medicines to Market Faster

A Google DeepMind spinout secured a major biotech funding round, banking on AI to revolutionize drug discovery.

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Distilled Post Editorial Team

Streeting Moves Toward Cabinet Resignation and Leadership Bid

Health secretary expected to trigger formal challenge to Starmer as early as Thursday

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Distilled Post Editorial Team

Doctor Care Anywhere acquires Outcome Diagnostics and Medic Spot for £850,000

The deal brings an 11-person team and direct-to-consumer platform under the company's ownership as it seeks to grow its UK presence

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Distilled Post Editorial Team

AI Startup Fazeshift Raises $17m to Automate Finance's Most Manual Problem

Series A funding backs San Francisco company targeting accounts receivable, a function still largely run on spreadsheets and email across major corporations

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Distilled Post Editorial Team

Doctolib Acquires NHS Software Firm Medicus in £100m UK Expansion

French digital health company commits to London R&D centre and 150 new hires as it targets GP practices already stretched by NHS workload

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Distilled Post Editorial Team

Anthropic Seeks $50 Billion Fundraise at $900 Billion Valuation Ahead of Planned Public Listing

AI company targets record private round as annualised revenue surpasses $30 billion and competition with OpenAI intensifies

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Distilled Post Editorial Team

AstraZeneca Commits £300 Million to UK Manufacturing After Period of Stalled Investment

Speke and Macclesfield sites to benefit as pharmaceutical giant reverses position in significant moment for government's life sciences ambitions

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Distilled Post Editorial Team

When the strait narrows, so does the medicine cabinet

The Hormuz crisis has exposed how thinly the NHS's supply chain has always been stretched, and why a ceasefire alone will not fix that

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Distilled Post Editorial Team
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