M&A Deal Summary

Biofourmis Acquires Gaido Health

On April 16, 2020, Biofourmis acquired information technology company Gaido Health from Takeda Pharmaceuticals U.S.A.

Acquisition Highlights
  • This is Biofourmis’ 2nd transaction in the Information Technology sector.
  • This is Biofourmis’ 1st transaction in the United States.
  • This is Biofourmis’ 1st transaction in California.

M&A Deal Summary

Date 2020-04-16
Target Gaido Health
Sector Information Technology
Buyer(s) Biofourmis
Sellers(s) Takeda Pharmaceuticals U.S.A.
Deal Type Divestiture

Target

Gaido Health

Los Angeles, California, United States
Gaido Health is a digital therapeutics company focused on the oncology market. Gaido Health is based in Los Angeles, California.

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Buyer(S) 1

Buyer

Biofourmis

Boston, Massachusetts, United States

Category Company
Founded 2015
Sector Software
DESCRIPTION

Biofourmis discovers, develops and delivers clinically validated software-based therapeutics to provide better outcomes for patients, advanced tools for clinicians to deliver personalized care, technology to demonstrate the value of and potentially complement pharmacotherapy, and cost-effective solutions for payers. Biofourmis was founded in 2015 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-18 Biovotion AG

Zurich, Switzerland

Biovotion AG is a developer of a cutting-edge clinical-grade wearable biosensor platform. Biovotion was founded in 2011 and is based in Zurich, Switzerland.

Buy -

Seller(S) 1

SELLER

Takeda Pharmaceuticals U.S.A.

Deerfield, Illinois, United States

Category Company
Founded 1998
Sector Medical Products
DESCRIPTION

As a wholly owned subsidiary of Takeda Pharmaceutical Company Limited, Takeda Pharmaceuticals U.S.A., Inc. (TPUSA) is among the top 15 pharmaceutical companies in the United States.Striving toward better health for people worldwide through leading innovation in medicine


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-17 URL Pharma

Philadelphia, Pennsylvania, United States

URL Pharma, Inc. is a manufacturer of branded and generic medicines. Its core products include Qualaquin, Colcrys, Fibricor, and Bactrim.

Sell -