News in Numbers

$65m

The US National Institute of Health (NIH) is planning to centralise peer review of all applications for grants, cooperative agreements and research contracts in a move expected to save up to $65m annually.

€4bn

European life sciences venture capital (VC) company Sofinnova Capital’s life sciences fund has now reached a value of €4bn.

23%

A new study by the World Health Organization (WHO) has found that diseases like HIV/AIDS, malaria, anaemias, and diabetes, underpin nearly a quarter - 23% - of pregnancy and childbirth-related mortality.

$154m

Wearable defibrillation maker Kestra Medical Technologies has revealed plans to raise around $154m in an initial public offering (IPO).

8,200

Fresenius Medical Care’s 2024 earnings release revealed that last year it divested its workforce by 8,200 as part of its transformation plan to streamline efficiencies.

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