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  6. IDx Acquires 3Derm

M&A Deal Summary

IDx Acquires 3Derm

On August 19, 2020, IDx acquired medical products company 3Derm

Acquisition Highlights
  • This is IDx’s 1st transaction in the Medical Products sector.
  • This is IDx’s 1st transaction in the United States.
  • This is IDx’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2020-08-19
Target 3Derm
Sector Medical Products
Buyer(s) IDx
Deal Type Add-on Acquisition

Target

3Derm

Boston, Massachusetts, United States
3Derm Systems, Inc. is a provider of skin imaging and diagnostics technologies increase patient access to dermatological care. 3Derm’s teledermatology systems (3DermTriage™) and world-class machine learning algorithms expand the reach of dermatological care beyond the exam room for skin lesions and inflammatory diseases. 3Derm Systems is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

IDx

Coralville, Iowa, United States
Category Company
Sector Medical Products
DESCRIPTION

Digital Diagnostics, Inc. is an AI diagnostics company on a mission to transform the quality, accessibility and affordability of healthcare. Digital Diagnostics is based in Coralville, lowa.

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: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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