4DMedical Merges with Imbio
4DMedical Limited announced the creation of a comprehensive cardiothoracic image analysis portfolio with the acquisition of Imbio. Imbio is a leader in artificial intelligence medical imaging solutions for chronic lung and cardiothoracic diseases. Imbio’s regulatory cleared solutions transform the way patients are discovered, diagnosed and treated. It was a portfolio company of Invenshure, a biotechnology organization based in Minneapolis, Minnesota. 4DMedical Limited is a global medical technology company that has created a step change in the capacity to understand the lung function of patients with respiratory diseases. Through its flagship patented XV Technology®,... Read More »
imaware Acquires binx health’s Assets
On December 5, imaware announced that it entered into an agreement to acquire binx health’s at-home consumer testing business. binx health is a healthcare technology and diagnostics company focused on innovating solutions to improve routine testing and convenience. Founded in 2005, it is based in Boston, Massachusetts and has an office in Bath, United Kingdom. imaware is a digital health platform company powering home-testing for healthcare brands. Its technology solutions provide patients, providers, employers and brands with access to a digitally-native care model. The model includes logistics, CLIA/CAP-certified laboratory analysis, telehealth support and... Read More »
New Mountain Capital-Backed PerkinElmer Acquires Covaris
PerkinElmer, backed by New York-based private equity firm New Mountain Capital, announced on December 4 that it has acquired Covaris. According to data in the LevinPro HC database, this transaction marks the 118th Laboratories, MRI and Dialysis acquisition of 2023, and 27th in the laboratories specialty. Covaris, also majority-owned by New Mountain Capital, provides tools and technologies to improve pre-analytical sample preparation, enable novel drug formulations and manage compounds in the drug discovery process. The company was founded in 1999 in Woburn, Massachusetts. PerkinElmer provides products and services to the diagnostics, research, environmental, industrial and... Read More »
Principle Health Systems Acquires BioStat Laboratory in Dallas
Principle Health Systems announced on November 20 the strategic acquisition of BioStat Laboratory for an undisclosed price. Founded in 2017, BioStat Laboratory provides comprehensive laboratory testing and mobile imaging in the Dallas MSA. Principle Health Systems is a healthcare service firm that offers medical diagnostics, pharmacy and laboratory testing services. The company specializes in mobile laboratory services for long-term care and home health patients, Principle Health Systems currently covers six major markets in Texas. James Dieter, CEO of Principle Health Systems, expressed enthusiasm about the acquisition, stating, “We are thrilled to welcome BioStat... Read More »
