M&A Deal Summary

Bionik Laboratories Acquires Interactive Motion Technologies

On March 7, 2016, Bionik Laboratories acquired medical products company Interactive Motion Technologies

Acquisition Highlights
  • This is Bionik Laboratories’ 1st transaction in the Medical Products sector.
  • This is Bionik Laboratories’ 1st transaction in the United States.
  • This is Bionik Laboratories’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2016-03-07
Target Interactive Motion Technologies
Sector Medical Products
Buyer(s) Bionik Laboratories
Deal Type Add-on Acquisition

Target

Interactive Motion Technologies

Watertown, Massachusetts, United States
Interactive Motion Technologies, Inc. is a provider of effective robotic tools for neurorehabilitation. Interactive Motion's interactive therapy systems provide adaptive therapy for inpatients or outpatients with stroke or cerebral palsy with moderate to severe impairments.

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Buyer(S) 1

Buyer

Bionik Laboratories

Toronto, Ontario, Canada

Category Company
Founded 2010
Sector Medical Products
Employees15
DESCRIPTION

Bionik Laboratories Corp. is a medical device and robotics company with a focus in developing technologies and solutions for individuals with neurological disorders.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1