by Avery Swett | May 3, 2023 11:43 am | CDMO, Other Services
Quadria Capital has announced the acquisition of a majority stake in Straits Orthopaedics from its founder, Mr. T.H. Su, and Apex Healthcare Bhd. Kirkland & Ellis advised Quadria Capital on the debt financing for its acquisition. Under the terms of the agreement,... Read More »
by Avery Swett | May 2, 2023 1:30 pm | eHealth
Healthcare start-up Bonatra announced on May 2 its acquisition of women’s health and wellness company MyAva for an undisclosed amount. According to data captured in the LevinPro HC database, this acquisition represents the 98th eHealth transaction of 2023,... Read More »
by Avery Swett | May 2, 2023 9:58 am | Biotechnology
Astellas Pharma announced that it has entered into a definitive agreement to acquire Iveric Bio for $40 per share in cash, for a total equity value of approximately $5.9 billion. The acquisition is expected to be completed in the third quarter of 2023. Under the terms... Read More »
by Avery Swett | May 2, 2023 9:57 am | Medical Office Buildings, Other Services
Pinehurst Medical Clinic purchased a medical office building (MOB) in Sanford, North Carolina for $1.895 million, according to a deed filed on April 21. The transaction expands Pinehurst Medical Clinic’s presence in Sanford, North Carolina. Nichole Etowski,... Read More »
by Avery Swett | Apr 28, 2023 9:55 am | Laboratories, MRI & Dialysis
Quest Diagnostics and Haystack Oncology announced on April 27 a definitive agreement for Quest to acquire Haystack in an all-cash equity transaction. Quest expects the acquisition to be modestly dilutive to earnings over the next three years and accretive by 2026. The... Read More »