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) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1