M&A Deal Summary

Nemaura Medical Acquires Healthimation

On July 27, 2020, Nemaura Medical acquired medical products company Healthimation

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

M&A Deal Summary

Date 2020-07-27
Target Healthimation
Sector Medical Products
Buyer(s) Nemaura Medical
Deal Type Add-on Acquisition

Target

Healthimation

Boston, Massachusetts, United States
Healthimation brings effective evidence-based medical programs, starting with diabetes weight management programs, to mobile devices in an easy, simple, and fun format outside of the clinical settings. Healthimation was formed in 2016 and is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

Nemaura Medical

New York, New York, United States

Category Company
Founded 2009
Sector Medical Products
Employees36
DESCRIPTION

Nemaura Medical is a medical technology company developing micro-systems-based wearable diagnostic devices and currently commercializing sugarBEAT, and proBEAT. sugarBEAT, a CE mark approved Class IIb medical device, is a non-invasive and flexible continuous glucose monitor (CGM) providing actionable insights derived from real-time glucose measurements and daily glucose trend data, that helps people with diabetes and pre-diabetes to better manage, reverse and prevent the onset of diabetes. Nemaura Medical was founded in 2009 and is based in New York, New York.


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