Healthcare

Barings affiliate Kanwa Holdings LP acquires Midatech Pharma US

Kanwa Holdings LP, an affiliate of Barings, has acquired Midatech Pharma US, a specialty pharmaceutical company focused on products that help patients treat cancer. The seller was Midatech Pharma Plc. No financial terms were disclosed.

NextCure picks up $93 mln Series B

Maryland-based NextCure Inc., a privately-held biopharmaceutical company, has raised $93 million in Series B financing. Hillhouse Capital Management and Quan Capital led the round with participation from other investors that included Bay City Capital, Surveyor Capital, Ping An Ventures, Taiho Ventures LLC, ArrowMark Partners, NS Investment, Canaan Partners, Lilly Asia Ventures, OrbiMed Advisors LLC, Pfizer Inc., Sofinnova Ventures and Alexandria Venture Investments. In conjunction with the financing, Michael Yi of Hillhouse and Dr. Stella Xu of Quan Capital will join NextCure's board of directors.

Manatt Phelps & Phillips adds healthcare investor Suennen to team

Law firm Manatt Phelps & Phillips LLP has hired Lisa Suennen to head its digital and technology businesses and the firm's venture capital fund. Previously, Suennen was the managing partner of Venture Valkyrie and the senior managing director of GE Ventures' healthcare venture fund.

Quadrant eyes sale of QMES, medical equipment provider

PE HUB Healthcare Wire Highlights, 11.8.18

MatrixCare underscores scarcity value of healthcare software deals

PE-backed CVP hires M&A VP

CEI Vision Partners, a management services organization that is backed by Revelstoke Capital Partners, has appointed Carl Berglind as vice president of mergers and acquisitions. Previously, he was senior vice president of strategic transactions at Envision Healthcare.

Southlake Equity backs Titan Spine

Mequon, Wisconsin-based Titan Spine, a developer of surface-enhanced spinal interbody fusion implants, has raised an undisclosed amount of Series B funding. The investor was Southlake Equity Group.

M*Modal, medical transcription business, seeks buyer

BelHealth appoints Patel as senior adviser

BelHealth Investment Partners, a healthcare private equity firm, has named Dr. Kiran Patel as senior adviser. Patel is the former chairman of WellCare and America’s 1st Choice.

Healthcare-focused Avista Capital buys G&W Labs' dermatology business