M&A Deal Summary

BetterLife Pharma Acquires Solmic AG

On February 3, 2020, BetterLife Pharma acquired life science company Solmic AG

Acquisition Highlights
  • This is BetterLife Pharma’s 2nd transaction in the Life Science sector.
  • This is BetterLife Pharma’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2020-02-03
Target Solmic AG
Sector Life Science
Buyer(s) BetterLife Pharma
Deal Type Add-on Acquisition

Target

Solmic AG

Switzerland
Solmic AG is a Swiss-based unique global patent for the production of new generation CBD based biopharmaceuticals.

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Buyer(S) 1

Buyer

BetterLife Pharma

Vancouver, British Columbia, Canada

Category Company
Founded 2002
Sector Life Science
DESCRIPTION

BetterLife Pharma is a biopharmaceutical company engaged in development and commercialization of therapeutic pharmaceuticals and nutraceuticals using innovative drug delivery platform technologies. BetterLife Pharma was founded in 2002 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 3 of 3
Sector: Life Science M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Switzerland M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-06 Thrudermic

North Carolina, United States

Thrudermic LLC is a biopharmaceutical company provides dosable bio-cannabis products. Thrudermic is based in North Carolian.

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