On May 16, MedVenture Health, a venture capital and private equity firm, announced it acquired Canyon Labs for an undisclosed price. According to the LevinPro HC database, this acquisition represents the 55th Laboratories, MRI and Dialysis transaction of the year. 

Canyon Labs provides laboratory testing, consulting, clinical research and Institutional Review Board services for pharmaceutical, nutraceutical and medical devices. It is based in Bluffdale, Utah.

MedVenture partners with entrepreneurs, physicians and management teams to advance healthcare products, services and technologies. It is based in Salt Lake City, Utah and was founded in 2016. This marks MedVenture’s first transaction in the LevinPro HC database.