Arcline Investment Management Sells Resolution Medical to Resonetics
Arcline Investment Management, a Nashville, Tennessee-based private equity firm, announced that it has entered into a definitive agreement to sell its portfolio company Resolution Medical to Resonetics. Based in Fridley, Minnesota, Resolution Medical is a scaled, end-to-end engineering services and outsourced manufacturing partner focused on complex Class II and III devices for medical technology markets including structural heart, cardiology and vascular, electrophysiology and neuromodulation therapies. With 240 employees, Resolution Medical provides expertise in device design, prototyping, bio-simulation and product design, through to finished device manufacturing. Founded in 1987,... Read More »
Life Sciences R&D M&A Market Overview: Strategic Buyers Amid a Cooling Market
Despite a recent cooling in Life Sciences R&D, there has been a shift among buyers towards more selective, strategic acquisitions that prioritize quality over quantity. The Life Sciences R&D sector, encompassing clinical trial management, contract research organization (CRO) services and contract development and manufacturing organization (CDMO) capabilities, plays a central role in biopharmaceutical innovation. These providers help drug developers overcome steep costs, lengthy timelines and regulatory hurdles to deliver new therapies to patients. With biopharma companies under pressure to accelerate pipelines amid rising chronic disease burdens and aging populations, outsourcing... Read More »
The IMA Group Expands Clinical Research Division With Chicago Acquisition
The IMA Group announced on October 8 the acquisition of Chicago Research Center (CRC), an independent clinical research site based in Chicago, Illinois. Founded in 2005, CRC is known for its expertise in Phase I–IV trials, focused on the central nervous system, sleep disorders, mood and memory disorders, pain and general medicine. The company operates a research sleep lab for dedicated use in insomnia, apnea, narcolepsy, restless leg and shift work sleep disorder clinical trials. The IMA Group provides government workers with medical, psychological and related evaluations, as well as ancillary services, assists payers with case management and occupational health management solutions and... Read More »
ACL Digital Acquires New Jersey-based CRO Symbiance
San Jose, California-based ACL Digital has announced the acquisition of Princeton, New Jersey-based Symbiance. Financial terms were not disclosed. Symbiance is a data-driven, technology-enabled contract research organization (CRO) with more than three decades of expertise in clinical data services and operations, medical monitoring, project management, medical writing and pharmacovigilance segments. ACL Digital, an ALTEN Group company, is a leader in design-led digital transformation, product innovation and engineering services. The company serves clients across life sciences, telecom, media and technology sectors, delivering AI-powered, cloud-native and mobile-ready... Read More »
TEAM Technologies Buys CDMO TAG3 Engineering
TEAM Technologies has announced the acquisition of TAG3 Engineering LLC. TAG3 brings expanded U.S.-based front-end innovation capabilities to TEAM Tech’s portfolio of specialty manufacturing solutions for the medical device industry. TAG3 Engineering is a full-service MedTech design, development and manufacturing partner, dedicated to driving innovation in the development of medical devices. TAG3 Engineering partners with inventors, start-ups and medical device companies to accelerate the design and development of their medical devices. TAG3 is ISO 13485-certified and operates a fully equipped 16,000-square-foot facility for design, development and manufacturing in Sunrise,... Read More »Schedule a demo
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