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https://www.biospectrumasia.com/news/53/23466/south-koreas-lunit-buys-nz-based-volpara-health-technologies-for-193-m.html
Submission: On December 18 via manual from US — Scanned from NL
Submission: On December 18 via manual from US — Scanned from NL
Form analysis 9 forms found in the DOM
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<h3>Thank You</h3>
<strong>Your comment has been submitted for approval.</strong><br> Please note that comments are moderated and are generally published if they are on-topic and not abusive.
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<h4 class="blue">Survey Box</h4>
<p class="blue-link">
<a>Is the life sciences sector in APAC region set for better growth in 2024?</a>
</p>
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<button type="submit" class="btn btn-primary">Vote</button>
</span><!-- end ngIf: pollRequestState == '0' --> <a href="/poll/92/is-the-life-sciences-sector-in-apac-region-set-for-better-growth-in-2024">View poll results</a> <a href="/polls/">More polls</a><br><br>
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<div class="alert alert-success" id="enquiry-alert" style="display: none;"> Thanks for contacting us! We will get in touch with you shortly. </div>
<div class="alert alert-danger" id="enquiry-error" style="display: none;"> Please fill the all fields. </div>
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<div class="form-group">
<label class="sr-only" for="contact-message">Message</label>
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<a href="javascript:;" class="color-333" id="save-enquiry-btn" data-enquiry-url="/enquiry-handle/"><button type="button" class="btn">Send message</button></a>
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</form>Name: loginForm — POST /login/
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<div class="form-group">
<label class="sr-only" for="login-password">Password</label>
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<div class="row">
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<div class="form-group">
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<div class="form-group">
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<div class="form-group">
<label><input type="checkbox" value="1" required=""> I accept the <a href="/pdf/terms-and-conditions.pdf" target="_blank">terms & condition</a> & <a href="/pdf/privacy-policy.pdf" target="_blank">Privacy policy</a></label>
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<div class="col-md-12">
<div class="form-group">
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<div class="form-group">
<button class="btn btn-danger col-md-12" type="submit">SUBSCRIBE!</button>
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</form>Text Content
Monday, 18 December 2023 * Welcome Guest * Subscribe * Newsletter * Editorial Calendar 2024 * Media Kit Toggle navigation * HOME * Pharma * Generics * Drug Discovery * CMC & Manufacturing * Clinical Trials * New Drug Applications * BioTech * Biologics * Stem Cells * Vaccines * Therapeutics * MedTech * Medical Devices * Medical Diagnostic * BioServices * Contract Research * Clinical Research * Contract Manufacturing * Pre Clinical Development * Clinical Trial Phase * Specials * Bio interaction * Premium Article * Biopreneurs * Market Survey * White paper / Reports * Rankings * Bio Invest * BIo Informatics * Bio Jobs * Infomercial * Partner Content * BioSpectrum Asia Awards 2022 * Healthcare * Digital Health * COVID19 * Bio LAB * Lab Products * Lab Safety * Lab Management * Lab Design * Infographics * Awards * Country * Australia * China * India * Japan * Korea * Malaysia * New Zealand * Singapore * Taiwan * Thailand * Indonesia * Vietnam * North America * World * Middle East countries * Europe * SAARC 1. Country 2. New Zealand 3. South Korea's Lunit buys NZ-based Volpara Health Technologies for $193 M SOUTH KOREA'S LUNIT BUYS NZ-BASED VOLPARA HEALTH TECHNOLOGIES FOR $193 M 15 December 2023 | News * * * * Share * * * * * * Lunit is set to acquire a total of 254 million shares, translating to a deal worth about AUD 292 million ($193 million) South Korea-based startup Lunit, a leading provider of artificial intelligence (AI)-powered solutions for cancer diagnostics and therapeutics, has announced its proposal to acquire New Zealand (NZ)-based Volpara Health Technologies, a global leader in AI-enabled software for the early detection and prevention of cancer. The strategic move comes as a result of an exhaustive evaluation of potential avenues for growth and innovation by Lunit. Following the decision, Lunit and Volpara have entered into a Scheme Implementation Agreement, under which Lunit will acquire all of Volpara's shares at a price of AUD 1.15 per share through a New Zealand scheme of arrangement (Scheme). Combining Volpara’s established presence in the US with Lunit’s complementing global footprint and AI expertise will create a compelling portfolio of advanced AI-enabled solutions for radiology and for other healthcare specialties. The cash offer of AUD 1.15 per share represents a compelling 47.4% premium to Volpara's last closing share price of AUD 0.78 per share on December 13th. Lunit is set to acquire a total of 254 million shares, translating to a deal worth about AUD 292 million ($193 million). Subject to the successful completion of these steps, Lunit anticipates finalizing the acquisition by the end of the second quarter of 2024. SIGN UP FOR THE EDITOR PICK AND GET ARTICLES LIKE THIS DELIVERED RIGHT TO YOUR INBOX. Name * Email * Country * Organisation * Contact Number * +Country Code-Phone Number(xxx-xxxxxxx) Submit COMMENTS × THANK YOU Your comment has been submitted for approval. Please note that comments are moderated and are generally published if they are on-topic and not abusive. Comment Log In To Comment New User? Create Account * * * * PODCAST EDITORS PICKS Focusing on Women's Cancers... Pharma Heads Pass Leadershi... Buoyant Life Sciences Secto... How has 2023 panned out for... PREMIUM ARTICLE 2 Strategic Trends Driving APAC “The cancer diagnostics industry is MOST READ Korea-UK advanced biotech cooperati Research Centre for Assistive Techn Australia's Monash University and I Singapore to develop Asia’s first b Fapon accelerates development of di Daiichi Sankyo to supply omicron XB SURVEY BOX Is the life sciences sector in APAC region set for better growth in 2024? Yes No May be × Please select an option to participate in the poll. Vote View poll results More polls SUBSCRIBE TO BIOSPECTRUM ASIA SUBSCRIBE NOW! ENQUIRY Thanks for contacting us! We will get in touch with you shortly. Please fill the all fields. Name Email Enter a valid email address. Phone Message Send message CONTACT US 1 North Bridge Road, #08-08 High Street Centre, Singapore 179094 Email : communications@biospectrumasia.com +65 90150305 Visit Our Digital Magazine : BioSpectrum India NuFFooDS Spectrum Privacy Policy Sitemap © 2023 MM Activ Sci-Tech Communications. All rights reserved | Disclaimer Web Interface Conceived and Powered By : SCI Knowledge Interlinks HAVE AN ACCOUNT? * Login * Create Account * Forgot Password Login Email id Password Sign In Create Account City First Name Last Name Email ID Password Confirm Password Newsletter E-magazine Biospectrum Infomercial Bio Resource I accept the terms & condition & Privacy policy Sign Up Forgot Password Email id Submit Close × SUBSCRIBE TO OUR NEWSLETTER Email ID I accept the terms & condition & Privacy policy SUBSCRIBE! Close