monthly healthcare review january 2017 - bioenterprise · amblyotech 24-jan-2017 marietta, ga angel...
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Monthly Healthcare Review
January 2017
Company NameLast Financing
DateHQ Location Description
Last
Financing
Size
(Millions)
Lead Manager
Jounce Therapeutics
(JNCE) 27-Jan-2017 Cambridge, MA
Developer of cancer immunotherapies designed to match the right therapy to the right patients
enabling the immune system to attack tumors and provide long-lasting benefits to patients. 104.00
Cowen and Company,
J.P. Morgan Securities
ObsEva (OBSV) 26-Jan-2017
Geneva,
Switzerland Developer of innovative drugs for women's reproductive health and pregnancy. 96.75
Credit Suisse
Securities, Jefferies,
Leerink Partners
AnaptysBio (ANAB) 26-Jan-2017 San Diego, CA
Developer of therapeutic antibodies for inflammation and immuno-oncology designed to provide first-
in-class antibody product candidates. The company's therapeutic antibodies generates somatic hyper-
mutation for antibody discovery and protein optimization which replicates, in vitro, the natural process
of antibody generation, enabling medical experts to focus on unmet medical needs in inflammation. 75.00
BMO Capital Markets,
Credit Suisse
Securities, Stifel
Nicolaus & Company
Varex Imaging (VREX) 20-Jan-2017
Salt Lake City,
UT
Developer of medical X-ray tubes and image processing products designed to harness the power of X-
ray energy to pioneer advances in any application. Undisclosed
J.P. Morgan Securities,
Wachtell, Lipton,
Rosen & Katz
Bioverativ (BIVV) 12-Jan-2017 Cambridge, MA The company engages in the research, development and treatment of hemophilia. Undisclosed
Goldman, Sachs &
Co., Guggenheim
Securities
AcouSort (ACOU) 09-Jan-2017 Lund, Sweden
Developer of microchip technology designed for medical analysis and sorting of cells. The company's
biomedical research and microchip technology applications in extracellular vesicles, bacteriological and
cell-based research enables its clients to develop point-of-care instruments performing the same assays
but without the need for access to a laboratory. 1.23 Undisclosed
The following table includes the medical devices, biotechnology, pharmaceuticals, and healthcare IPO pricings, filings and withdrawals announced over the previous month.
IPOs
Compiled by: Sumerjit Sandhu
Source: Pitchbook 1
Monthly Healthcare Review
January 2017
Company Name
Last
Financing
Date
HQ Location Round Description
Last
Financing
Size
(Millions)
Lead Investor(s)
TC Biopharm 31-Jan-2017
Edinburgh, United
Kingdom Early Stage VC
Developer of an autologous anti-cancer immuno-therapy that involves expansion of
naturally occurring, cancer-killing T-cells over several weeks, formulating a
treatment for a wide-variety of different tumor types. 8.02
Scottish Enterprise,
Nipro
Netgain Hosting 31-Jan-2017 St. Cloud, MN
PE Growth/
Expansion
Provider of cloud management services and technology intended to simplify the
healthcare computing environment. The company's services provide a complete
end-point management allowing healthcare professionals to focus on patient care. 25.00 Bluff Point Associates
Kineta 31-Jan-2017 Seattle, WA Later Stage VC Developer of novel therapeutics. 1.75 Undisclosed Investors
Focal Point
Pharmaceuticals 31-Jan-2017 Memphis, TN Early Stage VC Developer of products designed to treat ocular diseases. 0.08 Undisclosed Investors
CryoCapCell 31-Jan-2017 Paris, France Seed Round
Developer and manufacturer of new products designed for sample preparation in
the field of electron microscopy. The company's CryoCapsule uses high-pressure
vitrification (or cryogenisation), a unique process which prevents the alteration of
biological structures, initially for electron-microscopy in the field of cancer research. 1.59 Seventure Partners
Chondrial Therapeutics 31-Jan-2017 Bala Cynwyd, PA Early Stage VC
Developer of biotechnology drugs designed to deliver the frataxin protein to the
mitochondria, helping patients who, due to a genetic abnormality, are unable to
produce this essential protein. 22.60 Deerfield Management
Cerus Endovascular 31-Jan-2017
Oxford, United
Kingdom Later Stage VC
Developer of proprietary interventional neuroradiology devices and delivery
systems designed for the treatment of neurovascular diseases, particularly
intracranial aneurysms. 2.39 Undisclosed Investors
Valeris Medical 30-Jan-2017 Marietta, GA Angel Manufacturer of orthopedic implants and delivery systems. 1.52 Undisclosed Investors
SafePath Medical 30-Jan-2017 Methuen, MA Angel Developer of medical devices for clinicians. 0.78 Undisclosed Investors
The Electrospinning
Company 27-Jan-2017
Didcot, United
Kingdom Later Stage VC
Manufacturer of electrospun biomaterials designed to help the body repair and
regenerate its own tissues. The company's electrospun biomaterials are used in
different applications in cell-based therapies, drug discovery and regenerative
medicine. 0.80
Rainbow Seedfund,
Undisclosed Investors
TELA Bio 27-Jan-2017 Malvern, PA Early Stage VC
Developer of soft tissue reconstruction products designed for use in hernia repair
and abdominal wall reconstruction. 7.39 Undisclosed Investors
Private Equity Placements and Venture Capital Rounds
The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced
over the previous month.
Compiled by: Sumerjit Sandhu
Source: Pitchbook 2
Monthly Healthcare Review
January 2017
Company Name
Last
Financing
Date
HQ Location Round Description
Last
Financing
Size
(Millions)
Lead Investor(s)
Private Equity Placements and Venture Capital Rounds
The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced
over the previous month.
CycloSam Therapeutics 27-Jan-2017 Angleton, TX Angel
Developer of a bone-seeking agent that allows delivery of high amounts of
radioactivity to bone and bone tumors while reducing bone marrow suppression,
enabling treatment of osteosarcoma and relief of pain from bone metastases as well
as reduced myelotoxicity for patients. 0.20 Undisclosed Investors
Biscayne
Neurotherapeutics 27-Jan-2017 Miami, FL Early Stage VC
Developer of Antiepileptic Agent BIS-001 created for serious central nervous
system disorders, such as refractory epilepsy. 3.00
Quark Venture and
GF Securities
Airing 27-Jan-2017 Burlington, Canada Angel Maker of a micro-CPAP device that relaxes people suffering from sleep apnea. 1.90 Undisclosed Investors
TAO 26-Jan-2017 Saint Petersburg, FL Angel
Provider of online mental health treatment services that delivers therapy via college
and university counseling centers, employee assistance programs, outpatient and
inpatient medical and mental health centers, and private practitioners. 1.56
FAN Fund, New
World Angels
SynAgile 26-Jan-2017 Wilson, WY Angel
Developer of an infusion therapy designed to enable patients to achieve stable
plasma L-DOPA concentrations and to provide convenient, noninvasive,
continuous dopaminergic stimulation. 4.68 Undisclosed Investors
Neograft Technologies 26-Jan-2017 Taunton, MA Later Stage VC
Developer of a cardiac device designed to improve vein performance in coronary
artery bypass. The company's cardiac device creates a support layer around the vein
using a novel process called electrospinning allowing nutrients and new cells to
migrate into and through the support layer without deforming its natural shape. 5.00 Undisclosed Investors
Medrobotics 26-Jan-2017 Raynham, MA Later Stage VC
Developer of medical robotics, including the patented Flex Robotic System,
designed to provide more patients with access to minimally invasive surgery. The
company's robot-assisted surgical platform offers flexible instruments that can be
deployed to perform procedures in a way that is not possible with line-of-sight
approaches. 20.00 Undisclosed Investors
KromaTid 26-Jan-2017 Fort Collins, CO Later Stage VC
Provider of products and services intended for mutation detection and disease
diagnosis of genetic diseases, including cancers and developmental disorders. 0.62 Undisclosed Investors
INRange Systems 26-Jan-2017 Altoona, PA Later Stage VC
Developer of EMMA, a telehealth medical device for documented and professional
medication administration to outpatients. 0.88 Undisclosed Investors
Cellestia Biotech 26-Jan-2017 Basel, Swaziland Seed Round
Developer of anti-cancer drugs focused on the treatment of patients with NOTCH-
dependent leukemia, lymphoma and solid tumors. 7.93
PPF Group,
Undisclosed Investors
Compiled by: Sumerjit Sandhu
Source: Pitchbook 3
Monthly Healthcare Review
January 2017
Company Name
Last
Financing
Date
HQ Location Round Description
Last
Financing
Size
(Millions)
Lead Investor(s)
Private Equity Placements and Venture Capital Rounds
The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced
over the previous month.
Caelus Health 26-Jan-2017
Amsterdam,
Netherlands Early Stage VC
Developer of microbiome therapeutics created for the reduction of insulin
resistance and prevention of Type 2 diabetes in people. 2.65
Johnson & Johnson
Innovation
Bigfoot Biomedical 26-Jan-2017 Milpitas, CA Angel
Developer of a diabetes management system for people with insulin-dependent
diabetes and blood sugar control, enabling patients to improve their lives through
the application of smart technology. Undisclosed
Quadrant Capital
Advisors
AxioMed 26-Jan-2017 Malden, MA
PE Growth/
Expansion
Developer of spinal function products intended to address the unmet needs of
degenerative disc disease patients. 1.02 Undisclosed Investors
Allinaire Therapeutics 26-Jan-2017 Shaker Heights, OH Seed Round
Developer of therapeutics for lung diseases, like chronic obstructive pulmonary
disease. Undisclosed
BioCrossroads,
BioMotiv, Innovate
Indiana Fund
Well Beyond Care 25-Jan-2017 Austin, TX Seed Round
Developer of an online caregiving matching application created to connect people
who need care for elderly family members with caregivers. 0.15
Central Texas Angel
Network, Andrews
Kurth, Capital Factory
Thermedical 25-Jan-2017 Waltham, MA Later Stage VC
Developer of thermal ablation therapy designed to treat cancer and cardiac
arrhythmias. 6.50 Undisclosed Investors
Silverlon 25-Jan-2017 Geneva, IL
PE Growth/
Expansion
Manufacturer and distributor of innovative wound care products designed to be
extensively used for management of burn and blast injuries. The company's
Silverlon brand of dressings are uniquely designed with a silver-plated nylon matrix,
enabling the utilization of powerful antimicrobial properties of silver ions in the
dressing without staining the skin and without increasing bio-burden. Undisclosed Shore Capital Partners
Kensci 25-Jan-2017 Seattle, WA Early Stage VC
Provider of a risk management platform that uses machine learning and predictive
analytics to predict illness, improve care and optimize cost across patient
populations and individuals. 8.50
Ignition Venture
Partners
Doctolib 25-Jan-2017 Paris, France Later Stage VC
Developer of an application platform designed for patients to choose their doctor,
make an appointment and monitor their health. 27.61 Bpifrance
WellTrackONE 24-Jan-2017
Hilton Head Island,
SC Early Stage VC
Provider of a Medicare-approved patient assessment program designed to give
physicians and organizations a baseline report detailing modifiable risk factors,
preventative goals and measurable data. 1.99
BioAdvance,
Undisclosed Investors
Redox 24-Jan-2017 Madison, WI Early Stage VC Provider of an information technology platform for healthcare systems. 9.00 RRE Ventures
Compiled by: Sumerjit Sandhu
Source: Pitchbook 4
Monthly Healthcare Review
January 2017
Company Name
Last
Financing
Date
HQ Location Round Description
Last
Financing
Size
(Millions)
Lead Investor(s)
Private Equity Placements and Venture Capital Rounds
The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced
over the previous month.
First Light Biosciences 24-Jan-2017 Bedford, MA Early Stage VC
Developer of diagnostic devices for DNA-based detection of infections, using
digital imaging to detect and count fluorescent targets without using magnification. 1.79
Keiretsu Capital,
Keiretsu Forum,
Undisclosed Investors
Connect
Biopharmaceuticals 24-Jan-2017 Taicang, China Early Stage VC
Developer of novel immune modulators for the treatment of autoimmune diseases
and cancer created to identify therapeutic antibody drug candidates. 20.00 Qiming Venture
CardioSecur 24-Jan-2017 Frankfurt, Germany Later Stage VC
Developer of a smartphone-based personalized ECG application created to offer
cardiac monitoring services. 5.31 KPN Ventures
Amblyotech 24-Jan-2017 Marietta, GA Angel
Developer of an electronic media application designed to treat amblyopia and other
ocular diseases. 0.20 Undisclosed Investors
Aldevron 24-Jan-2017 Fargo, ND
PE Growth/
Expansion
Developer of biological products, such as plasmid DNA, proteins and antibodies,
that are used extensively in the fields of gene therapy and gene editing, enabling its
clients to manufacture novel treatments for a wide range of indications, including
cancer, infectious disease, pediatric disorders and rare diseases. Undisclosed
TA Associates
Management
Smart Med Reminder 23-Jan-2017 West Lafayette, IN Later Stage VC
Provider of a medication reminder system in the form of a medicine bottle cap that
tracks and reminds users to take medicines on time. 1.30 Undisclosed Investors
Micro C Imaging 23-Jan-2017 Savannah, GA Angel
Developer of a hand-held, wireless X-ray and digital imaging device that converts
radiation to real time static and dynamic fluoroscopic images, enabling surgeons,
doctors and healthcare providers to bring the X-ray source to the target to produce
more resolute images. 0.65 Undisclosed Investors
HabitAware 23-Jan-2017 Minneapolis, MN Angel
Developer of a subconscious-behavior tracker wearable device designed to manage
compulsive behavior. 0.51 Undisclosed Investors
Focal Therapeutics 23-Jan-2017 Aliso Viejo, CA Later Stage VC
Developer and manufacturer of novel tissue-marking devices for use in surgery
designed to mark the surgical site of tissue removal in 3D. 0.05 Undisclosed Investors
Atlas Genetics 23-Jan-2017
Trowbridge, United
Kingdom Later Stage VC
Developer of a novel molecular diagnostic system used for the ultra-rapid diagnosis
of a broad range of infectious diseases, such as chlamydia, gonorrhoea, meningitis
and MRSA, enabling physicians to get accurate diagnostic reports. 35.00
Novartis Venture
Funds, Consort
Medical, Johnson &
Johnson Innovation -
JJDC
Compiled by: Sumerjit Sandhu
Source: Pitchbook 5
Monthly Healthcare Review
January 2017
Company Name
Last
Financing
Date
HQ Location Round Description
Last
Financing
Size
(Millions)
Lead Investor(s)
Private Equity Placements and Venture Capital Rounds
The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced
over the previous month.
Finch Therapeutics 21-Jan-2017 Somerville, MA Angel
Developer of a microbiome discovery platform that mines molecular data collected
from human interventional studies and uses proprietary machine learning
techniques, enabling care providers and patients to treat diseases and infections
faster. 3.73 Undisclosed Investors
Thermal Gradient 20-Jan-2017 Richmond, VA Later Stage VC
Developer of diagnostics devices that use proprietary thermal cycling, nucleic acid
extraction and purification technologies to detect and measure patient blood
samples, particularly in low resource settings, providing existing markets, as well as
new markets that cannot be addressed with existing technologies, with access to
faster and less expensive DNA testing products. 0.61 Undisclosed Investors
REACH Health 20-Jan-2017 Alpharetta, GA Later Stage VC
Provider of a telemedicine platform that offers physicians evaluation software to
assess and provide treatment options using video and patient medical data. 1.80 Undisclosed Investors
Tueo Health 19-Jan-2017 Redwood City, CA Seed Round
Developer of an asthma monitoring system using a contactless sensor, enabling
patients and their families to measure treatment progress and outcomes. 0.40 Undisclosed Investors
Rhythm Pharmaceuticals 19-Jan-2017 Boston, MA Later Stage VC
Developer of small-peptide therapeutics for the treatment of gastrointestinal
functional disorders, obesity and diabetes. 20.48 Undisclosed Investors
OCTIMET 19-Jan-2017 Beerse, Belgium Early Stage VC Developer of discovery stage molecules used for the treatment of cancer cells. 12.00
Droia, Fund+, Omnes
Capital
Maverick Therapeutics 19-Jan-2017 Brisbane, CA Early Stage VC
Developer of a novel biologics platform designed to be inactive upon
administration but fully active in the tumor micro-environment, improving the
utility of T-cell redirection therapy for the treatment of cancer. 56.00
MPM Capital and
Takeda Pharmaceutical
iHear Medical 19-Jan-2017 San Leandro, CA Later Stage VC
Developer of an online hearing solution platform that enables people with hearing
loss to customize advanced hearing aids settings themselves at home. 4.10
Ameritas Life
Insurance
Cristal Therapeutics 19-Jan-2017
Maastricht,
Netherlands Later Stage VC
Developer of therapies employing nanoparticle technology designed against cancer
and chronic inflammatory disorders. 13.59
Aglaia BioMedical
Ventures, DROIA
BiVictrix Therapeutics 19-Jan-2017
Alderley Edge, United
Kingdom Seed Round
Developer of therapies for hematological cancers that reduce off-target side effects
on healthy tissues, enabling patients to use their drugs without facing any side
effects. 0.53
Alderley Park Ventures
of Biocity, Finance
Wales, Undisclosed
Investors
Compiled by: Sumerjit Sandhu
Source: Pitchbook 6
Monthly Healthcare Review
January 2017
Company Name
Last
Financing
Date
HQ Location Round Description
Last
Financing
Size
(Millions)
Lead Investor(s)
Private Equity Placements and Venture Capital Rounds
The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced
over the previous month.
Adarza BioSystems 19-Jan-2017 West Henrietta, NY Later Stage VC
Developer of a diagnostic platform capable of simultaneous detection of hundreds
of analytes in a single drop of fluid, enabling highly multiplexed protein detection
with high sensitivity and specificity. 17.00
RiverVest Venture
Partners
Wenzel Spine 18-Jan-2017 Austin, TX Later Stage VC
Provider of the VarLift Interbody Fusion System designed for surgeons to shorten
spine fusion surgeries. 1.60 Undisclosed Investors
Weinberg Medical Physics 18-Jan-2017 Rockville, MD Later Stage VC
Developer of imaging systems and devices designed to detect breast cancer and
guide cancer surgery, providing diagnostic accuracy while reducing side effects, and
enhance scientists' ability to track stem cells. 1.31 Undisclosed Investor
Synthomics 18-Jan-2017 Menlo Park, CA Seed Round
Developer of an oligonucleotide synthesizer designed to improve the economics,
speed, customization and quality associated with DNA and RNA synthesis. Undisclosed TEEC Angel Fund
SynGen 18-Jan-2017 Sacramento, CA Later Stage VC
Developer of single use disposable cartridges to capture stem and progenitor cells
from peripheral and umbilical cord blood, bone marrow and adipose tissue. 2.50 Undisclosed Investors
SilverCloud (Healthcare
Technology) 18-Jan-2017 Dublin, Ireland Later Stage VC
Provider of an online health and e-therapy platform intended to improve behavioral
health and mental wellness. 8.10 B Capital Group
SapVax 18-Jan-2017 Cleveland, OH Angel
Developer of a suite of first-in-class therapeutic cancer vaccines based on a novel
peptide platform technology targeting a key antigen expressed in a broad range of
cancers and Epstein-Barr virus proteins strongly associated with nasopharyngeal
cancer, lymphoma and gastric cancer. 0.35 Undisclosed Investors
Ovid Therapeutics 18-Jan-2017 New York, NY Later Stage VC Developer of drugs for orphan diseases of the brain. 25.86 Undisclosed Investors
Liquid Genomics 18-Jan-2017 Torrance, CA Early Stage VC
Operator of a blood-based biomarker company focused on monitoring cancer
patients for chemotherapy response. 1.63 Undisclosed Investors
Renovion 17-Jan-2017 Chapel Hill, NC Angel
Developer of a therapy for patients who have received a bilateral lung transplant
and suffer from chronic inflammatory airway diseases. 1.87 Undisclosed Investors
Practo 17-Jan-2017 Bangalore, India Later Stage VC
Provider of an online service for scheduling appointments with doctors and storage
of healthcare records including X-rays, files, prescriptions and billing. 55.00 Tencent Holdings
Fibrocor Therapeutics 17-Jan-2017 Toronto, Canada Early Stage VC Developer of novel therapeutics for the treatment of fibrosis. 2.12 MaRS Innovation
Compiled by: Sumerjit Sandhu
Source: Pitchbook 7
Monthly Healthcare Review
January 2017
Company Name
Last
Financing
Date
HQ Location Round Description
Last
Financing
Size
(Millions)
Lead Investor(s)
Private Equity Placements and Venture Capital Rounds
The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced
over the previous month.
Evelo Biosciences 17-Jan-2017 Cambridge, MA Early Stage VC
Developer of bacterial-based therapeutics to leverage the ability of specific strains
of bacteria, to potently activate the immune system against tumors and down-
regulate the immune system for the treatment of autoimmune and inflammatory
diseases. 45.50 Undisclosed Investors
CardioDx 17-Jan-2017 Redwood City, CA Later Stage VC
Developer of diagnostic tests designed to identify patients unlikely to have
obstructive CAD. 18.13 Undisclosed Investors
AMRA 17-Jan-2017 Linkoping, Sweden Later Stage VC
Developer of MR imaging that provides body composition analysis to quantify the
amounts of visceral fat, subcutaneous fat, liver fat deposits and muscles. 9.00
Pfizer Venture
Investments, Novo
Ambassador Software
Works 17-Jan-2017 Columbus, OH Early Stage VC
Provider of a SaaS-based platform that enables clinical personnel to pull real-time
patient information from the hospital's electronic medical records and use
predictive analytics to anticipate patient needs. 0.40
Rev1 Ventures, Ross
Youngs
Realist Pharma 16-Jan-2017 Toronto, Canada Early Stage VC
Developer of cell therapies and cancer vaccines intended to treat cancer through a
patient's own immune system. 0.05 Undisclosed Investor
Thetis Pharmaceuticals 13-Jan-2017 Fairfield, CT Early Stage VC
Developer of pharmaceutical drugs that uniquely targets both glycemic and lipid
control in diabetes patients. 4.11
Connecticut
Innovations,
Undisclosed Investors
POPS! Diabetes Care 13-Jan-2017
Oak Park Heights,
MN Angel Developer of glucose monitoring devices for diabetic patients. 1.23 Undisclosed Investors
Maui Imaging 13-Jan-2017 Sunnyvale, CA Later Stage VC Developer of ultrasonic imaging devices via a portable system. 0.66 Undisclosed Investors
Femasys 13-Jan-2017 Suwanee, GA Later Stage VC
Developer of a non-surgical female sterilization device and two commercially
available products for the diagnosis of infertility and cervical cancer. 44.00 Salem Partners
Virtual Possibilities 12-Jan-2017 Hamilton, Canada Angel
Developer of computer assisted medical devices for future-facing laparoscopic
surgeries. Undisclosed Undisclosed Investors
Signallamp Health 12-Jan-2017 Scranton, PA Angel
Provider of a technology infrastructure that delivers chronic care management
services to Medicare beneficiaries through a team of experienced registered nurses
who contact patients on a monthly basis. 0.14 Undisclosed Investors
Compiled by: Sumerjit Sandhu
Source: Pitchbook 8
Monthly Healthcare Review
January 2017
Company Name
Last
Financing
Date
HQ Location Round Description
Last
Financing
Size
(Millions)
Lead Investor(s)
Private Equity Placements and Venture Capital Rounds
The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced
over the previous month.
PathAI 12-Jan-2017 Boston, MA Early Stage VC
Developer of cancer diagnosis artificial intelligence technology that applies deep
learning techniques to massive aggregated sets of pathology data to build
algorithms to automatically detect and diagnose medical conditions for cancer
patients to receive faster, accurate and reproducible diagnosis. Undisclosed Pillar Venture Capital
OncoImmune 12-Jan-2017 Gaithersburg, MD Later Stage VC
Developer of novel immunotherapies for cancer, inflammation and autoimmune
diseases. 15.00 3E Bioventures Capital
Luxendo 12-Jan-2017 Heidelberg, Germany Early Stage VC
Developer of the light-sheet microscopes that combines optical sectioning with
multiple-view imaging to observe tissues and living organisms with clear resolution. 8.49
EMBL Ventures,
EMBL Enterprise
Management
Technology Transfer,
Life Science Partners
Clearwater Clinical 12-Jan-2017 Ottawa, Canada Later Stage VC
Developer and manufacturer of mobile medical devices for diagnosis of common
medical conditions. 6.00
Whitecap Venture
Partners
Verisma Systems 11-Jan-2017 Pueblo, CO
PE Growth/
Expansion
Provider of health information technology intended to provide release of
information services. 2.50 Undisclosed Investors
Unyq Design 11-Jan-2017 San Francisco, CA Early Stage VC
Manufacturer of custom prosthetic covers for amputees. The company offers
reimagining orthotics and prosthetics by 3D printing and handcrafting custom,
fashionable fairings and accessories that embellish and restore body symmetry. 4.28
Graph Ventures,
HealthTech Capital,
Undisclosed Investors
ToolBox Genomics 11-Jan-2017 San Francisco, CA Seed Round
Provider of gene-based food and lifestyle recommendations designed to build a
healthier life and reduce risk of chronic conditions. Undisclosed Undisclosed Investors
SemaThera 11-Jan-2017 Montreal, Canada Angel
Developer of protein inhibitors for the treatment of ocular diseases, such as
diabetic macular edema. 1.00 Undisclosed Investors
OtoNexus Medical
Technologies 11-Jan-2017 Seattle, WA Later Stage VC
Developer of medical devices for data physicians that uses air-coupled ultrasound
technology to assess middle ear infections. 7.85 Undisclosed Investors
IRX Therapeutics 11-Jan-2017 New York, NY Angel
Developer of therapies designed to activate a patient's immune system to defeat
cancer and related diseases. 13.24 Undisclosed Investors
EndoCellutions 11-Jan-2017 Marshfield, MA Angel
Developer of medical devices to collect stem cells and deliver tissues to damaged
areas. 0.60 Undisclosed Investors
Compiled by: Sumerjit Sandhu
Source: Pitchbook 9
Monthly Healthcare Review
January 2017
Company Name
Last
Financing
Date
HQ Location Round Description
Last
Financing
Size
(Millions)
Lead Investor(s)
Private Equity Placements and Venture Capital Rounds
The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced
over the previous month.
AcceleDent 11-Jan-2017 Bellaire, TX Later Stage VC
Developer, manufacturer and marketer of a device that applies pulsing forces in
combination with standard orthodontics to move teeth faster through accelerated
bone remodeling allowing patients to have a reduced treatment duration for
wearing braces. 5.00
S3 Ventures,
HealthpointCapital,
Piper Jaffray Merchant
Banking
Sera Prognostics 10-Jan-2017 Salt Lake City, UT Later Stage VC
Provider of diagnostic tests for early prediction of preterm birth, preeclampsia and
other pregnancy complications. 40.00
Laboratory
Corporation of
America
POC Medical Systems 10-Jan-2017 Livermore, CA Early Stage VC
Developer of a microfluidic platform for rapid, point-of-care serum screening that
uses antibodies to detect biomarkers using a novel and compact microfluidics
system containing a built-in reading mechanism. 20.40 BioVentures Investors
Piedmont Stone Center 10-Jan-2017 Winston-Salem, NC Angel
Provider of non-surgical treatment for kidney stones using extracorporal shock
wave lithotripsy. 0.57 Undisclosed Investors
Medinfi Healthcare 10-Jan-2017 Bangalore, India Angel Provider of an online platform to browse and find doctors and hospitals. 0.10
Vinod Martin, Evan
Lim, Kanchan
Ghoshal
Footbeat 10-Jan-2017 Grand Junction, CO Angel
Developer of a device that provides cyclic thrusting pressure to the foot capillary
bed at the plantar venous plexus. 7.60 Undisclosed Investors
Bioscape Digital 10-Jan-2017 Atlanta, GA Angel
Provider of a platform that helps hospitals improve patient engagement and gather
feedback. 0.53 Undisclosed Investors
Aledade 10-Jan-2017 Bethesda, MD Early Stage VC
Provider of a technology platform for physicians to help deliver care to their
patients while reducing overall costs. 20.00 Biomatics Capital
Vaxess Technologies 09-Jan-2017 Boston, MA Later Stage VC
Developer of proprietary technologies based on a silk biopolymer platform for
encapsulating and stabilizing biological compounds. 0.86 Undisclosed Investors
ReThink Medical 09-Jan-2017 San Francisco, CA Angel
Developer of a sensor-based wearable device that monitors heartbeat rate and
detects heart related disorders, preventing heart attacks and similar fatal health
conditions. 3.22 Undisclosed Investors
PeraHealth 09-Jan-2017 Charlotte, NC
PE Growth/
Expansion Developer of a technology platform for predicting patient risk. 14.00 Mainsail Partners
Novome Biotechnologies 09-Jan-2017 Daly City, CA Angel
Provider of a drug discovery platform that utilizes engineered gut bacteria for
treating disease through the development of tools for controlling their abundance
in patients. 0.54 Undisclosed Investors
Compiled by: Sumerjit Sandhu
Source: Pitchbook 10
Monthly Healthcare Review
January 2017
Company Name
Last
Financing
Date
HQ Location Round Description
Last
Financing
Size
(Millions)
Lead Investor(s)
Private Equity Placements and Venture Capital Rounds
The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced
over the previous month.
NeuroPace 09-Jan-2017 Mountain View, CA Later Stage VC
Developer of a responsive neurostimulator system for the treatment of medically
refractory partial epilepsy. 50.00
KCK, Undisclosed
Investors
Macrophage Pharma 09-Jan-2017
Berkhamsted, United
Kingdom Early Stage VC
Developer of novel therapies to enhance anti-tumour immune responses to boost
up the body's natural immune system to fight cancer. 11.10
Cancer Research
Technology
LifeTime 09-Jan-2017 Hamburg, Germany Early Stage VC
Provider of a digital health application that enables users to store and manage their
health data digitally and import reports or X-rays directly after medical
consultations. 1.06
Thieme, High-Tech
Gründerfonds,
Fraunhofer-Society
Ivantis 09-Jan-2017 Irvine, CA Later Stage VC
Developer of a minimally invasive microsurgical procedure for the treatement of
glaucoma and other eye diseases that reduces eye pressure by re-establishing the
patient's natural outflow pathway. 25.00
RA Capital
Management
Eternygen 09-Jan-2017 Berlin, Germany Early Stage VC
Developer of a therapy of small molecule inhibitors for dietary-related metabolic
diseases by addressing sodium coupled citrate transporter NaCT, which is a key
regulator of lipid metabolism involved in the pathogenesis of fatty liver, diabetes
and obesity. 8.49 Epidarex Capital
d2i (Healthcare Analytics) 09-Jan-2017 Parsippany, NJ Angel
Developer of a platform that combines on-premise, on-demand, web-based, SaaS
dashboards and reports and analytic support services for emergency departments,
as well as other clinical departments. Undisclosed
Howard Goldstein,
John Martinson, Beta
Operators Fund
Corbin Therapeutics 09-Jan-2017 Montreal, Canada Seed Round Provider of a drug discovery platform to treat various inflammation-based diseases. 0.76 Undisclosed Investors
Adynxx 09-Jan-2017 San Francisco, CA Later Stage VC
Developer of a technology platform addressing body pain at its molecular roots.
The company develops a technology that prevents the development of pain
following surgery or trauma and resolving established chronic pain syndromes. 16.00 TPG Biotech
Pursuant Health 08-Jan-2017 Atlanta, GA Later Stage VC
Provider of self-service consumer healthcare utilizing technology to develop and
deploy interactive healthcare platforms and kiosks. 12.80 Undisclosed Investors
Virtual Health Partners 06-Jan-2017 New York, NY Angel
Provider of a platform that enables patients to virtually receive ancillary care
treatments such as nutrition, fitness and behavior modification and helps improve
post-care patient compliance. 1.62 Undisclosed Investors
Vir Biotechnology 06-Jan-2017 San Francisco, CA Early Stage VC
Developer of a cure for infectious diseases through immune programming to
manipulate pathogen-host interactions. 150.00
ARCH Venture
Partners, Bill &
Melinda Gates
Foundation
Compiled by: Sumerjit Sandhu
Source: Pitchbook 11
Monthly Healthcare Review
January 2017
Company Name
Last
Financing
Date
HQ Location Round Description
Last
Financing
Size
(Millions)
Lead Investor(s)
Private Equity Placements and Venture Capital Rounds
The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced
over the previous month.
Titan Spine 06-Jan-2017 Mequon, WI
PE Growth/
Expansion
Designer and manufacturer of titanium interbody cage devices utilized in the spinal-
fusion surgical process. 9.17
Southlake Equity
Group, Undisclosed
Investors
ThinkIT 06-Jan-2017 Kampala, Uganda Angel
Developer of a mobile application that can be attached to a matiscope device for
detecting and diagnosing malaria. 0.10 Undisclosed Investors
Tesser Health 06-Jan-2017 Miami, FL Seed Round
Provider of a suite of software tools created to increase patient education and
improve health outcomes through chronic condition management, smart triage
tools and medication adherence. 0.47 Cofounders Capital
SiteOne Therapeutics 06-Jan-2017 Bozeman, MT Later Stage VC
Developer of a treatment for neuropathic pain through novel pain therapeutics
without the limitations of existing drugs, such as opioids. 15.00 Amgen
Neurelis 06-Jan-2017 Encinitas, CA Later Stage VC
Developer of technology-enhanced pharmaceutical products for epilepsy and
central nervous system disorders. 20.00
HBM Healthcare
Investments
NeoTract 06-Jan-2017 Pleasanton, CA Later Stage VC
Developer of surgical devices for the treatment of urological and gynecological
disorders. 12.82 Undisclosed Investors
Kinsa 06-Jan-2017 San Francisco, CA Early Stage VC
Developer of a smartphone-connected thermometer that provides a real-time map
and information on user's health temperature, symptoms and medication on a
connected smartphone. 14.07 Undisclosed Investors
Inbox Health 06-Jan-2017 Bridgeport, CT Early Stage VC
Developer of a web-based platform for healthcare providers to send invoices,
process payments, and track patient interaction with invoices related to medical
services they provide. 3.01 Undisclosed Investors
Healthie 06-Jan-2017 Lewes, DE Seed Round Provider of a web and mobile platform for dietitians and nutritionists. 0.99 Dorm Room Fund
Diagnotes 06-Jan-2017 Indianapolis, IN Later Stage VC
Provider of healthcare management services. The company provides a mobile and
web-based software system to improve physician communication with their
patients, care teams and office staff. 1.00 Undisclosed Investors
Cavion 06-Jan-2017 Charlottesville, VA Later Stage VC Developer of oncology drugs for the treatment of cancer. 26.10
Lilly Ventures,
Novartis Venture
Funds
Avalon Healthcare
Solutions 06-Jan-2017 Tampa, FL Early Stage VC
Provider of laboratory benefits management services by reducing unnecessary
utilization, optimizing network and increasing scores for payers through quality
improvement. Undisclosed
Echo Health Ventures,
BlueCross BlueShield
of South Carolina,
Francisco Partners
Compiled by: Sumerjit Sandhu
Source: Pitchbook 12
Monthly Healthcare Review
January 2017
Company Name
Last
Financing
Date
HQ Location Round Description
Last
Financing
Size
(Millions)
Lead Investor(s)
Private Equity Placements and Venture Capital Rounds
The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced
over the previous month.
Aileron Therapeutics 06-Jan-2017 Cambridge, MA Later Stage VC
Developer of novel therapeutics for the treatment of cancer using proprietary cell
permeable peptide technology. 30.11
KCK Group, Excel
Venture Management,
Lilly Ventures,
Novartis Venture
Funds
Therachon 05-Jan-2017 Biot, France Early Stage VC
Developer of healthcare therapies for achondroplasia (short-limbed dwarfism) and
its associated complications. 40.00 OrbiMed
The Pill Club 05-Jan-2017 Redwood City, CA Angel Developer of a mobile application software for medicine delivery. 3.18 Undisclosed Investors
Synaptive 05-Jan-2017 Toronto, Canada
PE Growth/
Expansion
Provider of neurosurgical technological products and services. The company
provides advanced tools and information for neurosurgeons, radiologists, surgeons
and hospitals to focus on patient outcomes. 5.54
General Atlantic,
Undisclosed Investors
Satsuma Pharmaceuticals 05-Jan-2017 San Francisco, CA Early Stage VC Developer of nasal migraine drugs. 12.00
RA Capital
Management, TPG
Biotech
PaySpan 05-Jan-2017 Jacksonville, FL
PE Growth/
Expansion Provider of healthcare reimbursement and payment automation services. Undisclosed Primus Capital Funds
NeRRe Therapeutics 05-Jan-2017
Stevenage, United
Kingdom Early Stage VC
Developer of clinical and pre-clinical neurokinin receptor antagonists for the
treatment of common, chronic and debilitating conditions caused by neuronal
hypersensitivity. 28.37
Fountain Healthcare
Partners, Forbion
Capital Partners,
OrbiMed
Neon Therapeutics 05-Jan-2017 Cambridge, MA Early Stage VC
Developer of neoantigen-based therapeutic vaccines and T-cell therapies to treat
cancer. 70.00
Partner Fund
Management
Molecular Stethoscope 05-Jan-2017 San Diego, CA Seed Round
Developer of proprietary technology that analyzes circulating cell-free RNA in a
blood sample to monitor organ damage and provide early detection of hard-to-
detect diseases. 8.20
Data Collective, Pfizer,
Index Ventures
Microbion 05-Jan-2017 Bozeman, MT Later Stage VC
Developer of antimicrobial therapeutics to prevent microbial biofilms from
forming on medical devices implanted in the body. 25.00
Quark Ventures, GF
Securities
Jupiter Orphan
Therapeutics 05-Jan-2017 Jupiter, FL Early Stage VC
Developer of therapies for treatment of rare diseases linked to single gene
deficiencies. 2.50
Tarnagulla Ventures,
Undisclosed Investors
Compiled by: Sumerjit Sandhu
Source: Pitchbook 13
Monthly Healthcare Review
January 2017
Company Name
Last
Financing
Date
HQ Location Round Description
Last
Financing
Size
(Millions)
Lead Investor(s)
Private Equity Placements and Venture Capital Rounds
The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced
over the previous month.
ivWatch 05-Jan-2017 Hampton, VA Angel
Provider of an intravenous infiltration detector device designed to monitor the
status of a patient's IV therapy to aid in the early detection of peripheral IV
infiltrations. 9.29 Undisclosed Investors
Intuity Medical 05-Jan-2017 Sunnyvale, CA Later Stage VC
Developer of a blood glucose meter and multi-test cartridge that provides
automatic testing with lancing, blood collection and analysis without the need for
separate strips and lancets. 55.00
PTV Healthcare
Capital, KCK Group
HepaRegenix 05-Jan-2017 Germany Early Stage VC
Developer of drugs for treating acute and chronic liver diseases that effectively
restore the regenerative capacity of hepatocytes. 9.56
Boehringer Ingelheim
Venture Fund, Novo
Seeds
GeneCentric Diagnostics 05-Jan-2017 Durham, NC Early Stage VC
Developer of molecular diagnostic tests for oncologists and patients that identifies
patients who would benefit from drugs that inhibit tumor growth. 6.11 Undisclosed Investors
CiVi Biopharma 05-Jan-2017 San Francisco, CA Early Stage VC Developer of treatments and therapies against cardiometabolic diseases. 40.00 Tavistock Group
Blackthorn Therapeutics 05-Jan-2017
South San Francisco,
CA Early Stage VC Developer of therapeutic drugs for neurological disorders. 54.00
ARCH Venture
Partners
Avidity Biosciences 05-Jan-2017 San Diego, CA Early Stage VC Developer of an antibody cancer therapy utilizing nanoparticle technology. 16.00 Takeda Ventures
Arcadia Healthcare
Solutions 05-Jan-2017 Burlington, MA
PE Growth/
Expansion
Operator of an electronic health record data aggregation and analytics technology
company. The company offers data integration from over 30 EHR vendors,
enriching it with claims and operational data, and using that data to drive
improvements in patient care quality, practice efficiency and financial performance. 30.00
GE Ventures, Merck
Global Health
Innovation, Morgan
Stanley, Peloton
Equity, Zaffre
Investments
Yostra Labs 04-Jan-2017 Bengaluru, India Early Stage VC
Manufacturer of medical devices that enables medical professionals to diagnose and
treat diabetic peripheral neuropathy and diabetic foot ulcers. Undisclosed
Marico Innovation
Foundation, Villgro
Innovation Marketing
Synthego 04-Jan-2017 Redwood City, CA Early Stage VC Developer of a precision tool to automate genome engineering research. 41.00 8VC
Pionyr
Immunotherapeutics 04-Jan-2017 San Francisco, CA Early Stage VC
Developer of drugs for immunotherapy to identify and target novel arms of the
immune response within the tumor micro environment. 8.00
SV Life Sciences
Advisers, OrbiMed
Compiled by: Sumerjit Sandhu
Source: Pitchbook 14
Monthly Healthcare Review
January 2017
Company Name
Last
Financing
Date
HQ Location Round Description
Last
Financing
Size
(Millions)
Lead Investor(s)
Private Equity Placements and Venture Capital Rounds
The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced
over the previous month.
Medley Genomics 04-Jan-2017 Providence, RI Seed Round
Developer of advanced analytics to assess the complex genomic heterogeneity in
biological samples and support targeted therapies. 0.25
Slater Technology
Fund
Avizia 04-Jan-2017 Reston, VA Early Stage VC
Developer of a telehealth and remote conferencing software platform that allows
medical experts to reach out to their patients through telemedicine anywhere
without being physically present. It also provides workflow management software,
store-and-forward capabilities with electronic health record integration and a line of
peripherals, such as digital stethoscopes and examination cameras. 20.00 HealthQuest Capital
Artsavit 04-Jan-2017 Tel Aviv, Israel
Accelerator/
Incubator
Developer of a treatment for cancer that involves activating a controlled cell-killing
mechanism called an apoptosis. Undisclosed
Merck Ventures Israel
BioIncubator
AristaMD 04-Jan-2017 San Diego, CA Early Stage VC
Provider of an intelligence platform for clinicians to assist primary care providers in
offering expanded specialty care to reduce unnecessary referrals. Undisclosed
Philadelphia College of
Osteopathic Medicine
Transplant Biomedicals 03-Jan-2017 Barcelona, Spain Early Stage VC
Developer of novel medical strategies intended to improve organ, tissue and
cellular preservation to overall enhance patients' wellness. It is used in preservation
of the organs during transport from the donor hospital to the transplant center. 2.65
Caixa Capital Risc,
Kereon Partners
Solera (Health Network) 03-Jan-2017 Phoenix, AZ Early Stage VC
Provider of a technology-enabled health community integrator for chronic disease
prevention programs. 9.00
Sandbox Industries,
SJF Ventures
Labcyte 03-Jan-2017 Sunnyvale, CA Later Stage VC
Provider of an acoustic droplet ejection technology that focuses on ultrasonic
acoustic energy into a fluid sample to eject droplets of liquid from open wells. 5.00 Undisclosed Investor
Intact Vascular 03-Jan-2017 Wayne, PA Early Stage VC
Developer of products for minimally invasive peripheral vascular procedures. The
company offers a tack-it endovascular stapler system that is designed to optimize
peripheral balloon angioplasty results in the treatment of peripheral artery disease. 46.00
New Enterprise
Associates
Ascletis 03-Jan-2017 Hangzhou, China Early Stage VC
Developer of new treatments for cancer and infectious diseases, with both small
molecule and biologics approaches. 100.77 C-Bridge Capital
Ascentage Pharma 03-Jan-2017 Shanghai, China Later Stage VC
Developer of small-molecule targeted therapeutics for cancer, hepatitis B and age-
related diseases. 72.00
SDIC Innovation
Investment
Management
Orello Hearing
Technologies 01-Jan-2017 Surrey, Canada
Accelerator/
Incubator
Developer of a hearing aid designed to make hearing healthcare more accessible
and affordable for individuals who are hard of hearing. 0.05 The Next Canada
Compiled by: Sumerjit Sandhu
Source: Pitchbook 15
Monthly Healthcare Review
January 2017
Company Name
Last
Financing
Date
HQ Location Round Description
Last
Financing
Size
(Millions)
Lead Investor(s)
Private Equity Placements and Venture Capital Rounds
The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced
over the previous month.
AFTx 01-Jan-2017 Westminster, CO Angel Developer of diagnostic equipment and other medical devices. 0.41 Undisclosed Investors
Compiled by: Sumerjit Sandhu
Source: Pitchbook 16
Monthly Healthcare Review
January 2017
Acquirer Target HQ Location Date DescriptionTransaction
Value (Millions)
CompuVision Sagewood Systems Santa Barbara, CA 31-Jan-2017
Provider of healthcare technology strategic planning, product selection and contracting,
disaster recovery or business continuity systems, clinical system integration and health
information, enabling healthcare providers to meet day to day IT management challenges. Undisclosed
3D Systems Nextdent
Soesterberg,
Netherlands 31-Jan-2017
Manufacturer of dental 3D printing materials specializing in photopolymer, thermoplastic,
polymer and monomer materials. Undisclosed
Grifols
Hologic (Blood
Screening Joint
Venture) San Diego, CA 31-Jan-2017
Developer of blood-screening products and services used to scan donated blood for
viruses, including HIV, Hepatitis C and B and Zika. 1,850.00
ChoiceSpine Exactech Spine Gainesville, FL 31-Jan-2017
Developer of innovative spinal and orthobiologics created to improve patient outcomes
and restore spine health. Undisclosed
PotNetwork Holdings Diamond CBD Fort Lauderdale, FL 31-Jan-2017
Manufacturer of hemp extract products that help in controlling epileptic seizures, reducing
pain and inflammation, and may also be an effective treatment for mental health disorders,
such as addiction and various forms of psychosis. Undisclosed
InTouch Health C30 Medical Ojai, CA 31-Jan-2017
Provider of physician-led telemedicine management and physician coverage services
intended to provide cost-effective remote physician services. Undisclosed
CRA International C1 Consulting Summit, NJ 31-Jan-2017
Provider of life sciences strategy consulting services designed to develop high tailored
commercialization strategies for rare disease, oncology, immunology, neuroscience and
specialty biopharma. Undisclosed
ESI Process Sunflower Medical
Bradford, United
Kingdom 30-Jan-2017 Manufacturer of healthcare equipment and furniture for hospitals and clinics. Undisclosed
Northlane Capital Partners
PAR Excellence
Systems Cincinnati, OH 30-Jan-2017
Developer of medical supply chain management software designed to simplify the
caregivers' day-to-day inventory management tasks and allow them to focus on their core
objective of patient care. Undisclosed
DCC Healthcare Medisource Ireland Wicklow, Ireland 26-Jan-2017
Supplier of exempt medicinal products, enabling large and small biotech companies to
provide life cycle management of their product portfolio, from pre-launch medicines right
through to discontinuation strategies for mature products. 33.98
Kuros Xpand Biotechnology
Bilthoven,
Netherlands 25-Jan-2017 Developer of technologies for bone repair. Undisclosed
Sumitomo Dainippon
Pharma
Tolero
Pharmaceuticals Lehi, UT 25-Jan-2017
Developer of therapeutics for the treatment of cancer and other diseases on a dramatically
shortened time-frame and at a much lower cost than traditional drug development, helping
patients reduce suffering. 780.00
Mergers and AcquisitionsThe following table includes mergers and acquisitions for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced over the previous
month.
Compiled by: Sumerjit Sandhu
Source: Pitchbook 17
Monthly Healthcare Review
January 2017
Acquirer Target HQ Location Date DescriptionTransaction
Value (Millions)
Mergers and AcquisitionsThe following table includes mergers and acquisitions for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced over the previous
month.
Air Liquide Oxymaster Bogotá, Colombia 24-Jan-2017
Provider of home oxygen therapy and sleep therapy services using appropriate biomedical
equipment, technologies and the support of qualified and suitable personnel, enabling the
patients and clients to access timely and quality services. Undisclosed
Bruker Hysitron Minneapolis, MN 24-Jan-2017
Developer, manufacturer and seller of nanomechanical test instruments to measure
mechanical properties of materials at the nanoscale. Undisclosed
Edwards Lifesciences Valtech Cardio Or Yehuda, Israel 23-Jan-2017 Developer of implanted cardiac devices for mitral valve repair and replacement. 690.00
Omicia Spiral Genetics Seattle, WA 23-Jan-2017
Developer of a bioinformatics software designed to detect structural variants from next-
generation sequencing data, enabling medical, pharmaceutical and agricultural research
organizations to analyse DNA data. Undisclosed
Leap Therapeutics MacroCure Radnor, PA 23-Jan-2017
Developer of a novel biopharmaceutical platform to address chronic and hard-to-heal
wounds, such as diabetic foot ulcers and venous leg ulcers. Undisclosed
Samepage Health Health123 Seattle, WA 23-Jan-2017
Developer of a health intelligence platform designed to support clinical workflows and
engage patients in plans of care, providing patients with curated content, atomized care
plans and direct connections to their care team enabling patients to have a better health
literacy and empowerment for better health, satisfaction and loyalty. Undisclosed
GetWellNetworks
Seamless Medical
Systems Santa Fe, NM 20-Jan-2017
Developer of a mobile enterprise communications platform designed to exchange patient
data between EMR and practice management systems. The company's platform allows
online scheduling and pre-registration, moves to the point of care with paperless
registration, insurance verification and payment, and continues with patient
communications and ongoing practice marketing, queue management and patient surveys. Undisclosed
Tethicon
Megadyne Medical
Products Draper, UT 20-Jan-2017
Manufacturer of electrosurgical tools created to save time and cost for surgeons, nurses,
and hospitals. Undisclosed
Ginkgo Bioworks Gen9 Cambridge, MA 20-Jan-2017
Developer of next-generation gene synthesis that automates production of DNA constructs
and improve genes, pathways, genomes and organisms using synthetic biology techniques. Undisclosed
Generex Biotechnology
Hema Diagnostic
Systems Miramar, FL 19-Jan-2017
Manufacturer of proprietary infectious disease detection devices for HIV/AIDS,
tuberculosis, malaria and other infectious diseases. 15.00
AssistRx Caret (US) Ann Arbor, MI 19-Jan-2017
Provider of a web-based care management platform that provides state-of-the-art
technology supporting point-of-service decision making, unique specialty pharmacy care
management programs and near real-time updates on activities and interactions with
patients. Undisclosed
Compiled by: Sumerjit Sandhu
Source: Pitchbook 18
Monthly Healthcare Review
January 2017
Acquirer Target HQ Location Date DescriptionTransaction
Value (Millions)
Mergers and AcquisitionsThe following table includes mergers and acquisitions for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced over the previous
month.
Instrumentation
Laboratory Accriva Diagnostics San Diego, CA 19-Jan-2017
Manufacturer of point-of-care hemostasis management products designed to focus on
creating best-in-class products that provide more timely, precise information, leading to
improved treatment outcomes. Undisclosed
Zydus Cadila Sentynl Therapeutics Solana Beach, CA 18-Jan-2017
Provider of pharmaceutical prescription products to treat pain and other central nervous
system conditions through innovative therapeutics. 171.00
Aprima Medical Software
Healthcare Data
Solutions (Healthcare
Technology Systems) Coral Gables, FL 18-Jan-2017
Provider of health technology information services to physician groups to implement and
support their ongoing system needs such as telemedicine, patient portal and other related
services. Undisclosed
AJ Biologics
Statens Serum
Institute (Vaccine
Production Business)
Copenhagen,
Denmark 16-Jan-2017 Manufacturer of vaccines. Undisclosed
Kitov Pharmaceuticals TyrNovo Kiryat-Shmona, Israel 13-Jan-2017 Developer of small molecular drugs for the treatment of cancer and inflammation diseases. 3.80
Alfasigma Pamlab Covington, LA 13-Jan-2017 Developer of prescription pharmaceuticals addressing elevated homocysteine levels. Undisclosed
Hu-Friedy Manufacturing Palmero Stratford, CT 13-Jan-2017
Producer and distributor of infection control, barriers, safety eye wear and other infection
prevention and safety related products for dental care. Undisclosed
Yungjin Pharm KT&G Life Sciences
Suwon-si, South
Korea 13-Jan-2017
Developer of medicines and drugs for treating cancer, obesity, Type 2 diabetes, liver
disease, MELAS syndrome, dry eye syndrome, atopic dermatitis and other metabolic
diseases. 38.50
MCG Health
Work Loss Data
Institute Encinitas, CA 12-Jan-2017
Provider of healthcare data and guidelines to the workers' compensation industry. The
company provides its services to insurance companies, employers, healthcare providers and
state-run agencies. Undisclosed
ÅF
Quality Engineering
Group Gävle, Sweden 12-Jan-2017
Provider of project quality management, consultancy, analysis and other related services for
the energy, life science and process industries. Undisclosed
M Pharmaceutical 40 J's Cincinnati, OH 12-Jan-2017 Developer of medical and pharmaceutical drugs. 5.50
TRIOSE
Predicata Healthcare
Solutions Riverside, RI 11-Jan-2017 Provider of actionable and smart analytic services to hospitals. Undisclosed
Compiled by: Sumerjit Sandhu
Source: Pitchbook 19
Monthly Healthcare Review
January 2017
Acquirer Target HQ Location Date DescriptionTransaction
Value (Millions)
Mergers and AcquisitionsThe following table includes mergers and acquisitions for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced over the previous
month.
Galenica Pharmapool Widnau, Switzerland 11-Jan-2017
Wholesaler of pharmaceutical products, such as medicines, medical equipment, laboratory
articles, toiletries and related products. 27.64
Derma Sciences Medihoney Richlands, Australia 11-Jan-2017
Manufacturer of honey-based medicines that provides antibacterial and anti-inflammatory
treatments. 18.25
Pharmaron Xceleron Germantown, MD 10-Jan-2017
Provider of bio analytical accelerator mass spectrometry services for drug development.
The company conducts micro-dosing, pre-clinical evaluation, intravenous pharmacokinetics,
metabolite profiling and mass balance investigations in humans. Undisclosed
Chembio Diagnostics RVR Diagnostics Subang Jaya, Malaysia 10-Jan-2017 Manufacturer and supplier of diagnostic products. 3.50
Roche Holdings ForSight Labs Menlo Park, CA 10-Jan-2017
Developer of ophthalmic technology to improve the sight, care and life of visually impaired
patients. Undisclosed
Mettrum Bodystream Barrie, Canada 10-Jan-2017
Operator of medical cannabis clinics offering cannabis-based therapies that are used to treat
a host of conditions, including chronic pain from cancer, rheumatoid arthritis and
fibromyalgia, neurological conditions like epilepsy and multiple sclerosis, Crohn's Disease,
IBS and other bowel conditions. 1.00
QIAGEN OmicSoft Cary, NC 09-Jan-2017
Provider of multi-omics data management infrastructure services to pharmaceutical and
biotech companies, universities, hospitals and research institutes to research disease causes,
discover drugs for genetic diseases and understand human genome. Undisclosed
RXi Pharmaceuticals MirImmune Cambridge, MA 09-Jan-2017
Developer of immunotherapy treatments for long-term survival of cancer patients by
combining two main approaches to cancer treatment: immune checkpoint inhibition and
cell-based immunotherapies. Undisclosed
PENTAX Medical C2 Therapeutics Redwood City, CA 09-Jan-2017 Provider of ablation therapies to improve treatment of precursors to esophageal cancer. Undisclosed
Pamplona Capital
Management and
Northwell Health Formativ Health New York, NY 06-Jan-2017
Developer of revenue cycle management services, patient access services, physician practice
management and advisory services to its clients in the healthcare industry. Undisclosed
Invitae AltaVoice San Mateo, CA 06-Jan-2017
Provider of patient insight networks that collect, curate and share patient and clinician
reported health data. 15.00
Georgia Healthcare Group ABC Pharmacia Tbilisi, Georgia 06-Jan-2017 Retailer and wholesaler of pharmaceutical goods. 25.00
Compiled by: Sumerjit Sandhu
Source: Pitchbook 20
Monthly Healthcare Review
January 2017
Acquirer Target HQ Location Date DescriptionTransaction
Value (Millions)
Mergers and AcquisitionsThe following table includes mergers and acquisitions for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced over the previous
month.
Frontier Capital AccessOne Charlotte, NC 05-Jan-2017
Provider of a technology-enabled financial engagement platform that offers patient
payment options designed for patient consumers to manage their healthcare costs. Undisclosed
Abbott Laboratories St. Jude Medical Saint Paul, MN 04-Jan-2017
Manufacturer of medical devices in clinical areas of cardiac rhythm management, atrial
fibrillation, cardiovascular and neuromodulation. 25,000.00
Bruker
InVivo Biotech
Services
Hennigsdorf,
Germany 04-Jan-2017
Provider of monoclonal antibodies and recombinant proteins. The company offers a
complete range of biotech services, from cloning, screening and recombinant expression of
antigens, to the generation of hybridoma cell lines and from characterization of antibodies,
to final production of the developed monoclonal antibodies. Undisclosed
ConvaTec EuroTec Beheer
Roosendaal,
Netherlands 04-Jan-2017
Producer of stoma care products. The company specializes in the manufacturing of
colostoma, ileostoma, urostoma, kinderzakjes and ostomate. 26.55
GE Healthcare
Rapiscan Pharma
Solutions Palo Alto, CA 03-Jan-2017
Manufacturer of a pharmacological stress agent that simulates the effects of exercise in the
hearts of adult patients and offers an alternative screening method for patients who are
unable to undergo traditional cardiac stress imaging procedures. Undisclosed
DePuy Synthes Interventional Spine Irvine, CA 03-Jan-2017
Developer of a percutaneous transfacet compression device for posterior stabilization of
the cervical spine. It also provides a family of expandable cages that are used in spinal
fusion surgery to restore the natural disc height that is designed to provide optimal tactile
feedback for the surgeon. Undisclosed
Natus Medical GN Otometrics Taastrup, Denmark 03-Jan-2017
Manufacturer of hearing instrument fitting, audiologic diagnostics, audiological test
equipment and audio measuring equipment. 145.00
McKesson Pharmacy
Optimization Pharmatek Systems Parsippany, NJ 01-Jan-2017
Provider of hospital pharmaceutical cost containment software and services to healthcare
providers and health systems. Undisclosed
Consumer Healthcare
Business of Boehringer
Ingelheim
Boehringer Ingelheim
(consumer healthcare
business)
Ingelheim / Rhein,
Germany 01-Jan-2017
Developer of medicines for cough and cold, sore throat, general pain, gastro-intestinal
disorders and vitamins and minerals for physical and mental well-being. 8,000.00
Compiled by: Sumerjit Sandhu
Source: Pitchbook 21