Tobin Scientific Acquires BioRepository Resources
On July 2, Tobin Scientific announced that it acquired all assets of BioRepository Resources, LLC. BioRepository Resources, LLC is a specialty contract services company that is focused on regulated long-term storage of biological and pharmaceutical materials. It is based in New Providence, New Jersey. Tobin Scientific is a leading provider of biopharma cold chain, ambient storage and transport and logistics services. It is based in Beverly, Massachusetts and was founded in 1960. It has more than 300,000 square feet of ambient warehouse space and a robust portfolio of specialized transport and storage services. This strategic acquisition enhances Tobin Scientific’s... Read More »
Vivo Infusion Acquires Infusion Associates
Vivo Infusion, backed by InTandem Capital Partners, announced on July 9 that it acquired Infusion Associates for an undisclosed price. Founded in 2001, Infusion Associates is a provider of infusion services across the Midwestern United States. The company specializes in long-term treatment of chronic health conditions across a range of therapeutic areas including neurology, gastroenterology, rheumatology and immunology. Vivo Infusion provides infusion and injection care for patients suffering from compromised immune systems, infectious diseases and other medical conditions. Vivo serves communities in Colorado, Florida, Ohio, Oklahoma, Pennsylvania, New Jersey and Texas... Read More »
PE-Backed MedPharm Merges With CDMO Tergus Pharma
MedPharm, an Ampersand Capital Partners portfolio company, announced on July 8 a merger with Tergus Pharma, backed by Great Point Partners. The combined organization will operate under the MedPharm name, establishing a leading, end-to-end contract development and manufacturing organization (CDMO) with robust scientific, clinical trial manufacturing and commercial production capabilities. Tergus Pharma is a CDMO that provides formulation development, in vitro permeating testing, in vitro release testing, skin biology, analytical services and clinical manufacturing services for branded and generic dermatology products. MedPharm is an end-to-end contract service provider of topical and... Read More »
HiRO Acquires DeltaMed Solutions, Continues to Expand U.S. Footprint
Harvest Integrated Research Organization (HiRO), has announced the successful acquisition of DeltaMed Solutions, headquartered in Somerset, New Jersey. The acquisition, advised by Evercore as financial advisor, marks HiRO’s third CRO acquisition since its establishment in 2020. DeltaMed Solutions is a global life sciences contract research organization (CRO) with a global footprint in the United States and China. DeltaMed Solutions, headquartered in New Jersey, boasts a team of industry professionals with 15-30 years of expertise in serving large to mid-sized pharmaceutical and biotechs. HiRO is a globally oriented CRO with its headquarters in Shanghai, China. With global operations... Read More »
Walgreens to Reduce Stake in VillageMD
Walgreens Boots Alliance Inc. announced its plan to reduce its majority stake in the primary care provider VillageMD, marking a strategic pivot in its healthcare services approach. This decision, revealed during the company’s third-quarter earnings call on June 27, 2024, comes after significant investments and expansions in the healthcare sector over recent years. In a statement, CEO Tim Wentworth emphasized that while Walgreens remains committed to VillageMD, it will no longer hold the majority ownership. “We believe in the future of these businesses and intend to remain an investor and partner,” Wentworth stated. “But as part of our persistent focus on value creation... Read More »Schedule a demo
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