Merger • Life Science

CervoMed Acquires EIP Pharma

On March 30, 2023, CervoMed acquired life science company EIP Pharma

Acquisition Context
  • This is CervoMed’s 2nd transaction in the Life Science sector.
  • This is CervoMed’s 2nd transaction in the United States.
  • This is CervoMed’s 1st transaction in Massachusetts.

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M&A Deal Summary

Date March 30, 2023
Target EIP Pharma
Sector Life Science
Buyer(s) CervoMed
Deal Type Merger
Advisor(s) Mintz Levin Cohn Ferris Glovsky and Popeo (Legal)

Target Company

EIP Pharma

Boston, Massachusetts, United States
EIP Pharma is a clinical-stage biotechnology company advancing CNS-focused therapeutics to benefit patients with a range of debilitating neurodegenerative diseases. EIP Pharma was founded in 2014 and is based in Boston, Massachusetts.
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Buyer Overview 1

Buyer

CervoMed

Boston, Massachusetts, United States

Category Company
Founded 2001
Sector Life Science
Employees15
DESCRIPTION

CervoMed is a biotechnology company develops new treatments to improve the body’s ability to bring oxygen to the areas where it is needed most, offering new hope for the treatment of life-threatening medical conditions. CervoMed was founded in 2001 and is based in Boston, Massachusetts.


Deal Context for Buyer #
Overall 2 of 2
Sector: Life Science 2 of 2
Type: Merger 2 of 2
State: Massachusetts 1 of 1
Country: United States 2 of 2
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-08 RestorGenex

Buffalo Grove, Illinois, United States

RestorGenex Corp. is a biopharmaceutical company with an initial focus on dermatology, ocular diseases and women's health. RestorGenex is based in Buffalo Grove, Illinois.

Buy -