Genesee Scientific Acquires Jade Scientific
On September 15, Genesee Scientific, based in San Diego, California, announced that it entered into an agreement to acquire Jade Scientific. Founded in 1995, Jade Scientific is a distributor of chemicals and consumables, serving clinical reference, pharma/biotech, industrial and environmental labs. It is based in Westland, Michigan. Founded in 1995, Genesee Scientific is a manufacturer and distributor of products to global life science markets. Genesee provides academic and biotech organizations with mission-critical scientific consumables and equipment, including filter tips, tissue cultures, reagents and other life science products. It is backed by LLR Partners. ... Read More »
DHL Group Announces Second Acquisition of 2025
On September 10, Deutsche Post AG, trading as DHL Group, announced its second acquisition of the year with the purchase of SDS Rx. The financial terms were not disclosed. Based in Tampa, Florida, SDS Rx provides specialized healthcare deliveries from more than 200 locations across the country. DHL Group is a German multinational package delivery and supply chain management company. It specializes in technology, life sciences and healthcare, engineering, manufacturing and energy, auto-mobility and retail services. Previously in 2025, DHL Group purchased CRYOPDP, a courier service provider for clinical trials, biopharmaceuticals and cell and gene therapies. CRYOPDP operates... Read More »
Evernorth Health Services Announces $3.5 Billion Investment in Shields Health Solutions
On September 2, 2025, Evernorth Health Services, a subsidiary of The Cigna Group, announced a $3.5 billion investment in Shields Health Solutions, a Stoughton, Massachusetts-based leader in specialty pharmacy management. The investment supports Sycamore Partners’ $10 billion acquisition of Walgreens Boots Alliance (WBA) in August 2025, which restructured WBA into five independent entities, including Shields as a private standalone company. Shields partners with more than 80 health systems, represents more than 1,000 hospitals and clinics across nearly all 50 states and serves more than seven million patients across more than 30 integrated disease states. Its Shields Performance Platform... Read More »
Cigna Sells Evernorth Care Group to HonorHealth
HonorHealth announced on September 3 that it has entered into an agreement with The Cigna Group to bring Evernorth Care Group’s clinic locations into the HonorHealth family. Evernorth Care Group operates 18 clinics in the Phoenix, Arizona MSA and provides integrated primary care services to nearly 80,000 patients. HonorHealth is a nonprofit, local healthcare system serving an area of 1.6 million people in the Phoenix MSA. The network encompasses six acute-care hospitals, an extensive medical group, outpatient surgery centers, a cancer care network, clinical research, medical education, a foundation and community services. It has approximately 13,700 team members, 3,700 affiliated... Read More »
