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Bradford Health Services Acquires Vertava Health of Mississippi
Bradford Health Services announced its recent acquisition of Vertava Health of Mississippi. This strategic move marks a significant expansion of Bradford Health Services’ presence in the Southeast. Vertava Health of Mississippi is a comprehensive provider of addiction treatment and mental health services. The company is a resource for individuals in the North Mississippi and Memphis areas seeking comprehensive and compassionate care for substance use issues. Bradford Health Services provides early intervention services, crisis response, intensive outpatient care, partial hospitalization and residential care, inpatient detox and transitional living and life skills programming... Read More »
Ajinomoto Acquires Forge Biologics for $620 Million
Ajinomoto Co., Inc. and Forge Biologics announced on November 13 that they have entered into a definitive agreement by which Ajinomoto will acquire Forge Biologics in an all-cash deal for $620 million. Forge Biologics is a viral vector and plasmid contract development and manufacturing organization (CDMO) and clinical-stage therapeutics company, enabling access to potentially life-changing gene therapies by bringing them from concept to reality. All development and manufacturing is done at the Hearth, Forge Biologics’ 200,000 square-foot custom-designed cGMP facility in Columbus, Ohio, where the CDMO has more than 300 employees. Ajinomoto Co. is a global manufacturer of... Read More »
Irish Company Arrotek Medical to Merge with U.S.-Based NeedleTech
Arrotek Medical, based in Sligo, Ireland, and North Attleboro, Massachusetts-based NeedleTech Products are merging under the Arrotek brand. Both Arrotek and NeedleTech have strong records in the medical device industry, serving a broad range of customers that include original equipment manufacturers, medical device startups and corporations. NeedleTech Products is a leading contract development and manufacturing organization (CDMO) serving several markets, including interventional radiology, interventional oncology, sports medicine, pain management, pharmaceutical and spine. NeedleTech provides components and finished devices to many of the top medical device companies... Read More »
Medela Spins Off Wound Care Business to Combine with Medaxis
Medela is spinning off its wound care business, which will combine with Medaxis to form a new standalone wound care company. Medela’s wound care business provides wound care solutions powered by Medela’s medical vacuum technology, including its negative pressure wound therapy line of products and services. As the healthcare of choice for more than 6 million hospitals and homes across the globe, Medela provides a research-based breast milk feeding and baby products, healthcare solutions for hospitals and clinical education. The company has 20 subsidiaries in Europe, the Americas, Asia and Australia, three production and warehouse facilities in Switzerland, the United States and China... Read More »
Boston IVF Acquires Rochester Regional Health’s Fertility Care Center
Boston IVF announced that it acquired Rochester Regional Health’s fertility care center. The clinics’ services include consultations, treatment management, intrauterine insemination procedures, ultrasound and blood work monitoring and more. Boston IVF is one of the largest and most experienced fertility networks in the United States, with more than 100,000 babies born since 1986. Founded as one of the nation’s first private practice IVF centers, the Boston IVF network has grown to include more than 30 reproductive endocrinologists across Massachusetts, Maine, New Hampshire, New York, Idaho, Indiana, Ohio, Rhode Island and Utah. Rochester Regional Health is a... Read More »
Amwins Releases State of the Market Report: A Focus on Healthcare
Amwins, a global distributor specializing in insurance products and services, released on November 8 a healthcare-focused State of the Market report. The report offers insights into current market trends, their impact on capacity and pricing and the specific challenges faced by different classes within the healthcare industry. The Amwins Healthcare State of the Market Report delves into the multitude of factors influencing the healthcare marketplace. It includes detailed insights across critical segments, such as long-term care and senior living facilities, hospitals and non-emergency medical transport (NEMT). “Current developments are keeping the trajectory of the... Read More »
Provident Healthcare Partners Advises Mid-Florida Cancer Centers
Provident Healthcare Partners announced on November 9 that it advised Mid-Florida Hematology and Oncology, doing business as Mid-Florida Cancer Centers (MFCC), in signing a partnership agreement with OneOncology. MFCC offers patients medical oncology, hematology and radiation oncology services, as well as the convenience of an in-office lab, oral pharmacy and advanced medical imaging services, including PET/CT. According to its website, the practice has 11 providers caring for patients at four locations in the Orlando MSA. MFCC intends to grow by attracting additional healthcare professionals to practice in the growing Central Florida market and expanding services into adjacent... Read More »
