• Provident Healthcare Partners Advises Potomac Urology Center 

    On February 27, Provident Healthcare Partners, LLC announced that it advised Potomac Urology Center on its acquisition by an undisclosed buyer. The financial terms of the deal were not disclosed.  Potomac Urology Center is a urology practice with five locations in the Washington, D.C. MSA. According to its website, there are 11 physicians on... Read More »
  • NPPN and PhlebX Create Dash Health Through Merger

    The National Phlebotomy Provider Network (NPPN) and PhlebX have announced plans to merge and form Dash Health, an advanced and comprehensive mobile diagnostic services platform. PhlebX provides at-home and on-site mobile phlebotomy services. Its fully digital technology platform and mobile phlebotomists empower clinical laboratories, physician... Read More »
  • Lohmann & Rauscher Acquires German Telemedicine Company OnlineDoctor

    Lohmann & Rauscher (L&R) announced on February 26 that it has acquired telemedicine company OnlineDoctor AG. This acquisition of a digital health start-up marks the first in L&R’s corporate history. OnlineDoctor is a provider of teledermatology in Switzerland and Germany, offering digital skin diagnoses by medical specialists.... Read More »
  • Montecito Medical Buys Three MOBs in Georgia

    Montecito Medical Real Estate announced that it has acquired three medical office buildings in Georgia for an undisclosed price. The sale includes three medical outpatient buildings (MOBs) in the Atlanta MSA occupied by Aylo Health. The properties— in Ball Ground, Woodstock and Dawsonville, Georgia respectively—comprise a total of 52,726 square... Read More »
  • EXA Capital Acquires EHR Company PrecisionCare

    EXA Capital has announced the acquisition of PrecisionCare for an undisclosed price. This acquisition strengthens EXA Capital’s presence in the healthcare technology sector and expands its portfolio into the space of care management solutions. Founded in New York in 1999, PrecisionCare provides a SaaS platform specializing in electronic health... Read More »
Siegfried Acquires Curia Global’s Early-Phase Manufacturing Site 

Siegfried Acquires Curia Global’s Early-Phase Manufacturing Site 

Siegfried announced on June 13 that it was expanding its global contract development management organization (CDMO) abilities with the acquisition of an early-phase manufacturing site in Grafton, Wisconsin from Curia Global.  The Wisconsin facility specializes in early-phase development and manufacturing services and employs more than 80 workers.  Siegfried develops and manufactures active pharmaceutical ingredients for pharmaceutical clients with R&D programs, related intermediates and controlled substances. Siegfried also offers the development and production of finished dosage forms, including sterile fillings. It is based in Zofingen, Switzerland.  Curia Global is a... Read More »
PE Firm Great Point Partners Acquires Germany-Based CDMO

PE Firm Great Point Partners Acquires Germany-Based CDMO

Great Point Partners (GPP) announced on June 13 the acquisition of Lyocontract GmbH, a premium independent drug product contract development and manufacturing organization (CDMO) based in Ilsenburg, Germany. Founded in 2007, Lyocontract operates from a state-of-the-art pharmaceutical manufacturing facility providing aseptic liquid filling, lyophilization and packaging services. Compliant with the European Union’s Annex 1 standards, the CDMO specializes in the production of liquid and freeze-dried parenteral drugs, distributing globally for both clinical and commercial use. Founded in 2003 and based in Greenwich, Connecticut, GPP is a healthcare investment firm that has provided growth... Read More »
Formosa Laboratories Expands North American CRO/CDMO Footprint

Formosa Laboratories Expands North American CRO/CDMO Footprint

Formosa Laboratories, Inc. announced that it has successfully completed its acquisition of SynChem, Inc., headquartered in the Chicago MSA suburb of Elk Grove Village. Founded in 1997, SynChem is a chemistry-based contract research organization (CRO) specializing in organic synthesis, process development and medicinal chemistry. Since its inception, SynChem has completed more than 4,500 projects for wide range of customers, including multi-national pharmaceutical companies, biotech companies, drug discovery companies and chemical and agrochemical companies. Founded in 1995, Formosa Laboratoriesap is a leading active pharmaceutical ingredients (API) supplier and contract development and... Read More »
Siegfried Acquires Curia Global’s Early-Phase Manufacturing Site 

Argosy Healthcare Partners Completes Recapitalization of Command Medical Products

Argosy Healthcare Partners (AHP) has announced a recapitalization and partnership with Command Medical Products to support its next stage of growth. This deal was facilitated and managed by MedWorld Advisors, a leading middle-market M&A advisory firm. Financial terms of the deal were not disclosed.  Command Medical Products provides contract manufacturing services for the production of single-use disposable medical devices to global medical device original equipment manufacturers and life sciences customers. Headquartered in Ormond Beach, Florida and founded in 1987, the company provides customized clean room manufacturing of single-use medical devices leveraging key technologies,... Read More »
Siegfried Acquires Curia Global’s Early-Phase Manufacturing Site 

Novo Holdings Acquires Catalent for $16.5 Billion

Novo Holdings A/S announced that it will acquire Catalent, Inc. in an all-cash transaction that values Catalent at $16.5 billion on an enterprise value basis. The purchase price represents a premium of 16.5% to the closing price of Catalent’s common stock as of February 2, 2024, the last trading day prior to the announcement, and a 47.5% premium to the 60-day volume-weighted average price as of February 2, 2024.  Catalent is a contract development and manufacturing organization (CDMO) partner for personalized medicines, blockbuster drugs and consumer health brand extensions. The company was formed in April 2007 when affiliates of the Blackstone Group acquired the core of the... Read More »
Arlington Capital Partners Announces Majority Investment in Afton Scientific

Arlington Capital Partners Announces Majority Investment in Afton Scientific

Arlington Capital Partners has announced a majority investment in Afton Scientific, a contract, development and manufacturing organization (CDMO) dedicated to sterile manufacturing of injectable pharmaceuticals. According to data captured in the LevinPro HC database, this acquisition marks the third CDMO transaction of the year. There were 21 CDMO transactions announced during 2023, and 39 during 2022. Based in Charlottesville, Virginia, Afton Scientific specializes in sterile injectable drug manufacturing as well as providing pre-sterilized vials and kits. The company performs aseptic fill-finish for products ranging from pre-clinical through commercial-scale manufacturing across various... Read More »