M&A Deal Summary

ICON Acquires Ovation Research Group

On June 16, 2006, ICON acquired life science company Ovation Research Group

Acquisition Highlights
  • This is ICON’s 6th transaction in the Life Science sector.
  • This is ICON’s 7th transaction in the United States.
  • This is ICON’s 1st transaction in Illinois.

M&A Deal Summary

Date 2006-06-16
Target Ovation Research Group
Sector Life Science
Buyer(s) ICON
Deal Type Add-on Acquisition

Target

Ovation Research Group

Highland Park, Illinois, United States
Ovation Research Group is an independent health economics, patient registries,outcomes research and consulting firm, serving a broad base of clients including pharmaceutical, biopharmaceutical and medical device companies. Ovation design and conduct prospective pharmcoeconomic and quality of life analysis, statistical analysis, disease and product registries and health outcomes research.

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Buyer(S) 1

Buyer

ICON

Dublin, Ireland

Category Company
Founded 1990
Sector Life Science
Employees41,100
Revenue 8.1B USD (2023)
DESCRIPTION

ICON is a global provider of outsourced development services to the pharmaceutical, biotechnology and medical device industries. The company specialises in the strategic development, management and analysis of programs that support clinical development – from compound selection to Phase I-IV clinical studies. ICON was founded in 1990 and is based in Dublin, Ireland.


DEAL STATS #
Overall 9 of 29
Sector (Life Science) 6 of 16
Type (Add-on Acquisition) 8 of 25
State (Illinois) 1 of 2
Country (United States) 7 of 18
Year (2006) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-06-01 Beacon Bioscience

Warrington, Pennsylvania, United States

Beacon Bioscience, Inc. is a specialist CRO in the Medical Imaging field. Beacon has a strong technology platform, focused on the centralized management, processing and reading of digitized medical images generated in clinical trials, including X-ray, MRI, CT, PET, Nuclear Medicine and Ultrasound.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-11 Healthcare Discoveries

San Antonio, Texas, United States

Healthcare Discoveries Inc. is an 85 bed clinical pharmacology unit in San Antonio, Texas and have significant experience of delivering high quality early phase development programmes.

Buy $12M