M&A Deal Summary

Celmed BioSciences Acquires NewBiotics

On July 2, 2004, Celmed BioSciences acquired healthcare services company NewBiotics

Acquisition Highlights
  • This is Celmed BioSciences’ 1st transaction in the Healthcare Services sector.
  • This is Celmed BioSciences’ 1st transaction in the United States.
  • This is Celmed BioSciences’ 1st transaction in California.

M&A Deal Summary

Date 2004-07-02
Target NewBiotics
Sector Healthcare Services
Buyer(s) Celmed BioSciences
Deal Type Add-on Acquisition

Target

NewBiotics

San Diego, California, United States
NewBiotics Inc., is a biopharmaceutical developer of cancer therapies.

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Buyer(S) 1

Buyer

Celmed BioSciences

Saint-Laurent, Canada

Category Company
Founded 2001
Sector Life Science
DESCRIPTION

Celmed develops photodynamic-based therapies to treat hematological and immune diseases using its proprietary technology Theralux(TM).


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2004 M&A 1 of 1