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  6. DiaMedica Acquires Sanomune

M&A Deal Summary

DiaMedica Acquires Sanomune

On June 1, 2010, DiaMedica acquired medical products company Sanomune

Acquisition Highlights
  • This is DiaMedica’s 1st transaction in the Medical Products sector.
  • This is DiaMedica’s 1st transaction in Canada.
  • This is DiaMedica’s 1st transaction in Manitoba.

M&A Deal Summary
Date 2010-06-01
Target Sanomune
Sector Medical Products
Buyer(s) DiaMedica
Deal Type Add-on Acquisition

Target

Sanomune

Winnipeg, Manitoba, Canada
Sanomune Inc., is a privately held biopharmaceutical company focused on neurological disorders ("Sanomune").

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Buyer(S) 1

Buyer

DiaMedica

Minneapolis, Minnesota, United States
Category Company
Founded 2000
Sector Life Science
Employees2
DESCRIPTION

DiaMedica is a clinical stage biopharmaceutical company focused on the development of novel, first-in-class therapies for metabolic disorders, kidney dysfunction and orphan diseases. DiaMedica was founded in 2000 and is based in Minneapolis, Minnesota.

DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Manitoba M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2010 M&A 1 of 1
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