BASF Takes Stake in U.K. Health-Care Startup
June 04 2019 - 4:29AM
Dow Jones News
By Nathan Allen
Germany's BASF SE (BAS.XE) said Tuesday that it has invested in
health-care startup siHealth Ltd. and has formed a strategic
alliance with the U.K.-based company.
SiHealth uses various technologies, including satellite imagery,
to measure environmental conditions and advise patients and medical
professionals how to optimize their skin care. It also produces a
platform for diagnostics and skin-cancer therapy.
Neither company disclosed the financial terms of BASF's
investment.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
June 04, 2019 04:14 ET (08:14 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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