M&A Deal Summary

Parallax Health Sciences Acquires QOLPOM

On September 22, 2016, Parallax Health Sciences acquired medical products company QOLPOM

Acquisition Highlights
  • This is Parallax Health Sciences’ 1st transaction in the Medical Products sector.
  • This is Parallax Health Sciences’ 2nd transaction in the United States.
  • This is Parallax Health Sciences’ 2nd transaction in California.

M&A Deal Summary

Date 2016-09-22
Target QOLPOM
Sector Medical Products
Buyer(s) Parallax Health Sciences
Deal Type Add-on Acquisition

Target

QOLPOM

Santa Monica, California, United States
QOLPOM, Inc. is a remote patient monitoring and telehealth technology and services company that develops proprietary and patent pending Remote Patient Monitoring Telehealth technologies and systems along with medication dispensing technology.

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Buyer(S) 1

Buyer

Parallax Health Sciences

Santa Monica, California, United States

Category Company
Founded 2005
Sector Life Science
DESCRIPTION

Parallax Health Sciences, Inc. is a bio-medical company focused on personalized patient healthcare. Parallax Health Sciences provids patients with high quality compounded and manufactured drugs for treatment of infertility and other medications at competitive prices.


DEAL STATS #
Overall 2 of 2
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-13 RoxSan Pharmacy

Beverly Hills, California, United States

RoxSan Pharmacy, Inc. is a full-service pharmacy providing retail medications, specialized fertility treatments and both sterile and non-sterile compounded preparations.

Buy $21M