M&A Deal Summary

Easton Pharmaceuticals Acquires iBliss

On January 23, 2017, Easton Pharmaceuticals acquired life science company iBliss

Acquisition Highlights
  • This is Easton Pharmaceuticals’ 1st transaction in the Life Science sector.
  • This is Easton Pharmaceuticals’ 1st transaction in Canada.
  • This is Easton Pharmaceuticals’ 1st transaction in Ontario.

M&A Deal Summary

Date 2017-01-23
Target iBliss
Sector Life Science
Buyer(s) Easton Pharmaceuticals
Deal Type Add-on Acquisition

Target

iBliss

Toronto, Ontario, Canada
iBliss Inc. is a tremendously fast growing vaporizer and e-liquids manufacturing company with surging international sales projected to conservatively reach and surpass $15,000,000 per year fairly quickly.

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Buyer(S) 1

Buyer

Easton Pharmaceuticals

Toronto, Ontario, Canada

Category Company
Founded 1997
Sector Life Science
DESCRIPTION

Easton Pharmaceuticals is a diversified specialty pharmaceutical company involved in various pharmaceutical sectors and new growing industries. The Company previously developed and owned an FDA-approved wound-healing drug and currently owns topically delivered drugs to treat cancer and other therapeutic products to treat various conditions that are all in various stages of development and approval. Easton has partnered with BMV Medica SA de C.V. and together, own the exclusive distribution rights in Mexico and Latin America for patented women's diagnostic and preventative care products from CommonSense of Israel, along with two generic cancer drugs, Paclitaxel and Docetaxel from BioLyse Pharma of St. Catherine's Ontario, Canada. The company's list of woman's diagnostic, treatment and preventative care products include, Gynofit, licensed from a Swiss based manufacturer, VS-Sense and AmnioSense, both patented products that are licensed from Israel based CommonSense. Easton has entered into a distribution agreement with Europe based Gedeon Richter for Gynofit. Easton Pharmaceuticals was founded in 1997 and is based in Toronto, Canada.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2017 M&A 1 of 1