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LEO Pharma Acquires Timber Pharmaceuticals
LEO Pharma A/S announced on August 21 it acquired Timber Pharmaceuticals LLC, a biopharmaceutical company focused on developing and commercializing treatments for orphan dermatologic diseases. Timber Pharmaceuticals’ lead investigational product candidate, TMB-001, is a topical reformulation of the active ingredient, isotretinoin, which is aimed at treating congenital ichthyosis, a rare skin disease with significant unmet needs and no approved prescription therapies available. Founded in 1908, LEO Pharma A/S is owned by the LEO Foundation, one of Denmark’s largest commercial foundations. LEO Pharma is a specialty pharmaceutical company focused on dermatology, and markets products in more... Read More »
M3 Acquires NHS Staffing Platform Messly
M3, Inc., a Japanese healthcare investment firm, is acquiring Messly, a London-based company which aims to combat NHS staffing shortages. Christopher Kurwie and Abrar Gundroo, founders of Messly, have sold their businesses to M3 for an undisclosed price. The pair had jointly control just under 50% of the share capital of Messly, which they founded in 2017. Messly is a recruiting marketplace platform for U.K. doctors, for surgeries and hospitals to hire locums, or temporary doctors, at short notice. According to the press release, around 70% of trainee doctors in the United Kingdom have registered with Messly. M3, Inc. is. The company was founded in 2000 and is headquartered in Tokyo. M3,... Read More »
London-Based Doccla Acquires OpenTeleHealth
Doccla, a London-based provider of digital healthcare services, has announced the acquisition of OpenTeleHealth for an undisclosed price. According to data captured in the LevinPro HC database, this transaction marks the 182nd eHealth acquisition of 2023, and the 36th in the telehealth subsector. OpenTelehealth is a universal cloud-based remote patient monitoring platform that enables patients to measure health data at home, using an app and a wide range of medical measurement devices. Doctors can view patient data on a web portal. Founded in 2019, Doccla provides remote patient monitoring solutions to analyze patients’ acute or chronic conditions based on patient readings and... Read More »
Dental365 Acquires Two Dental Practices
Dental365, based in New Hyde Park, New York, announced that it acquired two dental practices: Theroux Dental Associates and Bowden Dental. Theroux Dental Associates provides dental care out of one North Grafton, Massachusetts location. Per its website, the practice is run by two providers. Bowden Dental has one location in Flemington, New Jersey and has two physicians on staff. Dental365 is a full-service family dental practice and support organization with locations throughout the country. Dental365 was acquired by private equity firm The Jordan Company in July 2021. With these acquisitions, Dental365 now operates 14 locations in Massachusetts and 23 locations in New Jersey. The financial... Read More »
PE-Backed UnisLink Acquires AQREVA and Doctors’ Resource Specialists
UnisLink, a portfolio company of Boston-based private equity firm Riverside Partners, has announced the acquisition of AQREVA and Doctors’ Resource Specialists (DRS). This strategic acquisition strengthens UnisLink’s position as a comprehensive provider of revenue cycle management (RCM) solutions and expands the company’s geographic reach. Based in Sioux Falls, South Dakota, AQREVA is a professional services company offering comprehensive medical billing and RCM related services. DRS is a medical billing, medical coding and reimbursement consulting company based in Phoenix, Arizona. UnisLink is a national leader in RCM and population health management services for... Read More »
CervoMed Inc. Closes Acquisition of EIP Pharma
CervoMed Inc. (formerly known as Diffusion Pharmaceuticals) announced on August 17 that it closed its previously announced acquisition of EIP Pharma, Inc. The combined company will trade on the Nasdaq Capital Market under the ticker symbol, “CRVO”. EIP Pharma is a clinical-stage biotechnology company advancing CNS-focused therapeutics to benefit patients with a range of debilitating neurodegenerative diseases. It is currently developing neflamapimod, an investigational orally administered small molecule brain penetrant that inhibits p38MAP kinase alpha (p38a). CervoMed is a biopharmaceutical company that has historically focused on developing novel therapies that enhance... Read More »
Family Resource Home Care Acquires Woodinville, Washington-Based Companion Care
Family Resource Home Care (FRHC), a portfolio company of private equity firm Great Point Partners, has announced the acquisition of Companion Care, Inc. According to data captured in the LevinPro HC database, this transaction represents the 54th Home Health & Hospice acquisition of 2023. Companion Care is a leading home care service providing non-medical services for the elderly or disabled in Woodinville, Washington and nearby areas. FRHC is one of the largest independent home care services providers in the Pacific Northwest. It offers nurse delegation, personal care, home health, meal prep and companionship to allow a client to live at home. The purchase is part of FRHC’s plan to... Read More »
Thurston Group-Backed ARC Health Acquires Dayspring Behavioral Health
ARC Health, a Thurston Group portfolio company, has announced the acquisition of Dayspring Behavioral Health. Dayspring Behavioral Health is a mental health practice with four locations throughout the Seattle MSA. Founded in 2012 by Dr. Amy Ford, the practice offers comprehensive counseling services and specialized pediatric neuropsychological assessments. ARC Health is a mental health specialty services organization supporting psychiatry, psychology and therapy providers in multiple locations throughout the United States. ARC was formed in 2021 in partnership with outpatient mental health provider Advanced Recovery Concepts. The company has more than 320 providers throughout its partner... Read More »
