M&A Deal Summary

Adhera Therapeutics Acquires Symplmed Pharmaceuticals - DyrctAxess

On July 24, 2017, Adhera Therapeutics acquired information technology company Symplmed Pharmaceuticals - DyrctAxess from Symplmed Pharmaceuticals

Acquisition Highlights
  • This is Adhera Therapeutics’ 1st transaction in the Information Technology sector.
  • This is Adhera Therapeutics’ 2nd transaction in the United States.
  • This is Adhera Therapeutics’ 1st transaction in Ohio.

M&A Deal Summary

Date 2017-07-24
Target Symplmed Pharmaceuticals - DyrctAxess
Sector Information Technology
Buyer(s) Adhera Therapeutics
Sellers(s) Symplmed Pharmaceuticals
Deal Type Divestiture

Target

Symplmed Pharmaceuticals - DyrctAxess

Cincinnati, Ohio, United States
Symplmed Pharmaceuticals, Inc. - DyrctAxess offers enhanced efficiency, control and information to empower patients, physicians and manufacturers to help achieve optimal care.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Adhera Therapeutics

Bothell, Washington, United States

Category Company
Founded 1983
Sector Life Science
Revenue 680K USD (2015)
DESCRIPTION

Adhera Therapeutics, Inc. is an oligonucleotide therapeutics company with broad drug discovery technologies providing the ability to develop proprietary single and double-stranded nucleic acid therapeutics including siRNAs, microRNA mimics, antagomirs, and antisense compounds, including messenger RNA therapeutics. These technologies were built via a roll-up strategy to discover and develop different types of nucleic acid therapeutics in order to modulate (up or down) a specific protein(s) which is either being produced too much or too little thereby causing a particular disease.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Ohio M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-03 Turing Pharmaceuticals - Intranasal Ketamine Program

New York, New York, United States

Turing Pharmaceuticals - Intranasal Ketamine Program comprises business of developing intranasal ketamine to treat disorders due to stress. The asset is located in the United States.

Buy -

Seller(S) 1

SELLER

Symplmed Pharmaceuticals

Cincinnati, Ohio, United States

Category Company
Sector Life Science
DESCRIPTION

Symplmed Pharmaceuticals, Inc. is a private pharmaceutical company optimizing the value of its medicines and those of its industry partners by streamlining the prescription process, from fulfillment and payment to therapeutic compliance and outcomes monitoring. The Company's patented technology platform, DyrctAxess™, enables direct delivery of medications to a patient's home and addresses the problem of unfilled prescriptions. Symplmed is taking a therapeutic area approach, ensuring that medications necessary to manage a particular disease state are available through its DyrctAxess platform.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1