Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 40
Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 121
Rafael Holdings Merges With Cyclo Therapeutics
Rafael Holdings, Inc. and Cyclo Therapeutics, Inc. announced that they have entered into a definitive merger agreement to combine the two companies to focus on the development of Trappsol® Cyclo™ for the treatment of Niemann-Pick Disease Type C1. The companies are building on a year-long history of strategic collaboration and investment. The merger involves Rafael Holdings issuing Class B common stock to Cyclo Therapeutics shareholders, valuing Cyclo shares at $0.95 each. In addition, the cash value will take into account the funding of Cyclo’s operations by Rafael with convertible notes through closing. Cyclo Therapeutics is a clinical-stage biotechnology company that focuses on the use... Read More »
Paragonix Technologies Signs Definitive Agreement to be Acquired by Getinge
On August 22, Paragonix Technologies announced that it entered into a definitive agreement to be acquired by Getinge for an undisclosed price. Paragonix Technologies, headquartered in Waltham, Massachusetts, is a developer and manufacturer in the organ transplant industry. In March 2023, Paragonix partnered with Signet Healthcare Partners, a New York-based private equity firm, to support the company’s growth and strategic objectives. Founded in Sweden in 1904, Getinge is a global medical technology company that provides hospitals and life science institutions with products and solutions aiming to improve clinical results and optimize workflows. Getinge employs approximately 12,000 people... Read More »
Arsenal Capital Partners to Acquire Knowtion Health
Arsenal Capital Partners, a New York-based private equity firm, announced it has signed a definitive agreement to acquire Knowtion Health. Sunstone Partners, the current majority owner of Knowtion, will maintain a significant strategic co-investment in the company. Knowtion Health (formerly known as RSource Healthcare) is a Boca Raton, Florida-based provider of revenue cycle management (RCM) services to hospitals and health systems. The company leverages AI-driven technology and deep domain expertise to reduce denials and underpayments across all denial types, low balance accounts and complex claims, while also enhancing patient experience and satisfaction. Arsenal Capital Partners... Read More »
Danaher Corporation Acquires Genedata AG
On August 18 Danaher Corporation, based in Washington, D.C., announced the acquisition of Genedata AG for an undisclosed price. Founded in 1997 and headquartered in Basel, Switzerland, Genedata is at the forefront of transforming data into intelligence for the life sciences industry. Genedata delivers scalable and open solutions that enhance R&D productivity, serving top global biopharmaceutical and biotechnology organizations around the globe. Danaher is a leading global life sciences and diagnostics innovator, committed to accelerating the power of science and technology to improve human health. The company designs, manufactures and markets professional, medical,... Read More »LetsGetChecked Acquires Truepill
LetsGetChecked (LGC), which is based in Dublin, Ireland and New York, New York, announced the acquisition of Truepill for $25 million. Founded in 2016, Truepill’s business-to-business solutions include its virtual pharmacy digital experience, patient services to drive adherence, engagement, quality and performance and nationwide prescription fulfillment. Truepill had raised more than $370 million in venture capital funding, including at a $1.6 billion valuation in 2021, from firms like Optum, Optum Ventures, Oak HC/FT and Initialized Capital. LGC is a leading healthcare solutions company that allows customers to manage their health from home, providing direct access to... Read More »
Stryker Expands Interventional Pain Management Solutions With Vertos Medical
Stryker, a global leader in medical technologies, announced today a definitive agreement to acquire Vertos Medical Inc., a privately held company providing a minimally invasive solution for treating chronic lower back pain caused by lumbar spinal stenosis. Vertos Medical is a privately held medical device company that develops, manufactures, and sells surgical instruments to perform minimally invasive procedures intended to treat lumbar spinal stenosis. Founded in 2005, the company is currently headquartered in Aliso Viejo, California. Stryker develops, manufactures and markets specialty surgical and medical products. These include orthopedic implants, powered surgical instruments,... Read More »
U.S. Bank Acquires Healthcare Payments Platform Salucro Healthcare Solutions
U.S. Bank, lead bank of U.S. Bancorp, announced on August 22 that it has acquired Salucro Healthcare Solutions LLC, a provider of healthcare financial technology. This acquisition builds on U.S. Bank’s more than a century of service to healthcare-focused clients. Founded in 2004 and based in Tempe, Arizona, Salucro is a market leader in providing online billing and payments offerings for healthcare providers across the United States. With more than 70,000 employees and $680 billion in assets as of June 30, 2024, U.S. Bancorp is the parent company of U.S. Bank National Association. Headquartered in Minneapolis, the company serves millions of customers locally, nationally and globally... Read More »
PE-Backed Vantedge Medical Completes Acquisition of Hobson & Motzer
Vantedge Medical, a portfolio company of New York-based private equity firm Aterian Investment Partners since May 2018, announced the acquisition of Hobson & Motzer, Inc. in Durham, Connecticut. Founded in 1912, Hobson & Motzer is a manufacturer of tight tolerance consumable medical devices primarily for the global surgical stapler industry. For decades, Hobson has been partnered with leading medical device manufacturers. The company’s core capabilities include computer numerical control machining, stamping, tooling and other finishing and assembly services. Headquartered in San Jose, California, Vantedge Medical specializes in providing manufacturing solutions to its... Read More »
Walgreens Inks $100M Deal to Boost Clinical Trials
Walgreens Boots Alliance Inc. is teaming up with the U.S. government to revolutionize clinical trials. The pharmacy giant has secured a $100 million deal to expand its decentralized clinical trial platform, aiming to make research more accessible and inclusive. Walgreens’ decentralized clinical trial platform offers several advantages for both patients and researchers. For patients, it provides greater flexibility and convenience by allowing them to participate in trials closer to their homes and on their own schedules. This can help to increase enrollment rates, especially among underserved populations. For researchers, the platform streamlines the trial process by automating tasks... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
