6 Acquisitions of Companies in the Clinical Trials Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Clinical Trials industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 6 acquisitions that took place in the Clinical Trials industry.

cCAM Biotherapeutics acquired by Merck

Details about the transaction:

Acquisition amount:

$95,000,000

Announcement:

28 July 2015

Details about the company:

A pre-clinical stage firm called cCAM Biotherapeutics creates cancer immunotherapies.

Headquarter:

Qiryat Shmona, HaZafon, Israel

Where to find them:

Industry:

Biotechnology, Clinical Trials, Therapeutics

Details about the buyer:

A biopharmaceutical business called Merck provides drugs and vaccines for a range of illnesses.

Headquarter:

Kenilworth, New Jersey, United States

Where to find them:

Harradine & Associates acquired by Apiam Animal Health

Details about the transaction:

Acquisition amount:

$2,600,000

Announcement:

12 October 2022

Details about the company:

A companion animal clinic and a cattle clinic are run by Harradine and Associates (including equine facilities).

Headquarter:

Bunbury, Western Australia, Australia

Where to find them:

Industry:

Clinical Trials, Livestock

Details about the buyer:

a business that specializes on animal health.

Headquarter:

Bendigo, Victoria, Australia

Where to find them:

AGTC acquired by Syncona Partners LLP

Details about the transaction:

Acquisition amount:

$23,500,000

Announcement:

24 October 2022

Details about the company:

AAV-based gene treatments are being tested on humans by AGTC, a biotechnology firm, to treat uncommon disorders.

Headquarter:

Alachua, Florida, United States

Where to find them:

Industry:

Biotechnology, Clinical Trials, Genetics, Health Care, Pharmaceutical

Details about the buyer:

Healthcare organization Syncona Partners LLP is dedicated to funding and fostering the development of world-class life science experts.

Headquarter:

London, England, United Kingdom

Where to find them:

Clinichain acquired by ADDvise

Details about the transaction:

Acquisition amount:

$36,131,107

Announcement:

6 June 2022

Details about the company:

Clinichain provides supply of medical equipment and logistical assistance through leasing options.

Headquarter:

Almere, Flevoland, The Netherlands

Where to find them:

Industry:

Clinical Trials, Logistics, Medical Device, Rental

Details about the buyer:

Equipment is provided by ADDvise to hospitals and research institutes.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

Pilloxa acquired by iZafe

Details about the transaction:

Acquisition amount:

$2,854,384

Announcement:

18 August 2022

Details about the company:

It is simple to consume medicine in a smart and safe way thanks to Pilloxa's smart pillbox and smartphone application.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

Industry:

Clinical Trials, Health Care, Medical, Mobile Apps, Sensor

Details about the buyer:

A firm called iZafe performs research, develops, and markets medical solutions for managing medications and other drugs.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

AltheaDx acquired by Castle Biosciences

Details about the transaction:

Acquisition amount:

$65,000,000

Announcement:

4 April 2022

Details about the company:

In addition to PCR-based services like assay development and assay validation, AltheaDx also provides molecular diagnostics.

Headquarter:

San Diego, California, United States

Where to find them:

Industry:

Biotechnology, Clinical Trials, Genetics, Health Care, Health Diagnostics

Details about the buyer:

A biotech business called Castle Biosciences creates and certifies technologies and diagnostic tests for the treatment of cancer.

Headquarter:

Friendswood, Texas, United States

Where to find them: