M&A Deal Summary

Epicore Biosystems Acquires Eccrine Systems

On May 4, 2022, Epicore Biosystems acquired consumer products company Eccrine Systems

Acquisition Highlights
  • This is Epicore Biosystems’ 1st transaction in the Consumer Products sector.
  • This is Epicore Biosystems’ 1st transaction in the United States.
  • This is Epicore Biosystems’ 1st transaction in Ohio.

M&A Deal Summary

Date 2022-05-04
Target Eccrine Systems
Sector Consumer Products
Buyer(s) Epicore Biosystems
Deal Type Add-on Acquisition

Target

Eccrine Systems

Cincinnati, Ohio, United States
Eccrine Systems is a wearable sensor company with advanced aptamer-based sweat sensing technology utilized for precision medicine and adherence monitoring. This technology enables providers to personalize pharmacotherapy across applications ranging from opioid compliance to precision dosing of narrow therapeutic index drugs in oncology and organ transplant. Eccrine Systems was formed in 2013 and is based in Cincinnati, Ohio.

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Buyer(S) 1

Buyer

Epicore Biosystems

Cambridge, Massachusetts, United States

Category Company
Founded 2017
Sector Consumer Products
DESCRIPTION

Epicore Biosystems has developed a proprietary sweat microfluidic sensing platform that is ‘skin-like’, low-cost, and capable of analyzing small droplets of sweat directly from the skin. This technology is based on over two decades of microfluidic and soft materials research in Prof. John Rogers'? Laboratory at Northwestern University's Center for Bio-Integrated Electronics. It recently signed a partnership with a leading Fortune 100 global brand to commercialize the first-ever, single-use sweat analytics system for athletes. The company’s sweat microfluidic platform has been deployed with professional sports teams (NBA, NFL, and MLB), military research labs, and across multiple clinical study programs, including stroke, skin health, stress, fatigue, and kidney health. Epicore Biosystems was formed in 2017 and is based in Cambridge, Massachusetts.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1