• 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 »
Kelso Pharma Acquires Alturix Holdings 

Kelso Pharma Acquires Alturix Holdings 

On February 20, Kelso Pharma announced that it entered into an agreement to acquire Alturix Holdings for an undisclosed price.  Alturix Holdings is a pharmaceutical manufacturing company based in Milton Keynes, England. In 2020, Alturix was formed following the acquisition of two family-owned pharmaceutical businesses: HK Pharma and Atlantic Pharma.  Kelso Pharma is committed to bringing specialty medicines to the European healthcare markets. Kelso Pharma is backed by the healthcare specialist private equity investor Apposite Capital.  This is Kelso Pharma’s third acquisition and its first in 2025. In November 2023, it purchased Velit Biopharma, a biotechnology company and... Read More »
2025 Kicks off With Several Big Biopharma Deals

2025 Kicks off With Several Big Biopharma Deals

With the JP Morgan 43rd Annual Healthcare Conference underway in San Francisco this week, the Biotechnology and Pharmaceutical (Biopharma) sectors are seeing a flurry of activity. Many large-scale acquisitions and licensing agreements are being announced, setting the tone for an eventful year ahead in the industry. So far this year, 14 Biopharma deals have been announced (as of January 15, 2025). Deal values have reached $15.7 billion, a significant increase from the same period in recent years. During the same time frame in 2024, there were also 14 Biopharma deals announced, but their combined value was just $4 billion. Looking back to 2023, the first two weeks saw 17 Biopharma deals, but... Read More »
Immedica Acquires Marinus Pharmaceuticals for $151 Million 

Immedica Acquires Marinus Pharmaceuticals for $151 Million 

On December 30, Immedica Pharma announced that it acquired Marinus Pharmaceuticals, Inc. for approximately $151 million.   Immedica will acquire all the outstanding shares of Marinus common stock for a cash purchase price of $0.55 per share, representing a premium of 48% based on Marinus’ closing share price as of December 27th and a premium of 97%, based on the 30-day volume-weighted average price of $0.28 per share preceding the announcement of the transaction.   Marinus is a commercial-stage pharmaceutical company dedicated to the development of innovative therapeutics for seizure disorders. The Company’s product, ZTALMY® (ganaxolone) oral suspension CV, is an... Read More »
Celltrion Builds Out Foothold in Europe With iQone Healthcare Switzerland Acquisition

Celltrion Builds Out Foothold in Europe With iQone Healthcare Switzerland Acquisition

Celltrion announced its acquisition of iQone Healthcare Switzerland, strengthening its presence in Europe, driving growth and expanding access to its biosimilar treatments. iQone Healthcare Switzerland is an independent Swiss-based specialty pharmaceutical company dedicated to the commercialization of biosimilars and innovative treatments for rare diseases. Through its long-standing collaborations with several global pharmaceutical developers and manufacturers, iQone Healthcare provides a continually expanding selection of leading biosimilars and products to healthcare professionals and institutions in Switzerland. Celltrion is a leading biopharmaceutical company, specializing in the... Read More »
Kelso Pharma Acquires Alturix Holdings 

DRI Healthcare Trust Acquires Interest in KalVista Pharmaceuticals’ Sebetralstat for $100 Million 

On November 4, DRI Healthcare Trust announced that it acquired the royalty interest in Sebetralstat, a novel investigational candidate for the oral, on-demand treatment of hereditary angioedema from KalVista Pharmaceuticals, Inc.  Sebetralstat is under regulatory review by the FDA with a Prescription Drug User Fee Act goal date of June 17, 2025. KalVista Pharmaceuticals, Inc. is a global pharmaceutical company.  DRI Healthcare Trust is a healthcare royalty investment company based in Toronto. The company is managed by DRI Capital, a Canadian healthcare royalty private equity firm. Since its initial public offering in 2021, DRI has deployed more than $1 billion, acquiring more... Read More »
Lundbeck Acquires Longboard Pharmaceuticals for $2.6 Billion 

Lundbeck Acquires Longboard Pharmaceuticals for $2.6 Billion 

H. Lundbeck A/S, a specialty pharmaceutical company, announced that it acquired Longboard Pharmaceuticals.  Longboard shareholders will be offered a payment of $60 per share in cash. The transaction is valued at approximately $2.6 billion equity value and $2.5 billion (approximately DKK 17 billion) net of cash, on a fully diluted basis. The cash consideration represents a 77% premium to the 30-day volume-weighted average price of shares of Longboard common stock as of September 30, 2024.  Longboard is a clinical-stage biopharmaceutical company focused on developing novel, transformative medicines for neurological diseases. Longboard’s small molecule product candidates are based... Read More »