M&A Deal Summary

Prismic Pharmaceuticals Acquires Scarista

On February 7, 2012, Prismic Pharmaceuticals acquired healthcare services company Scarista

Acquisition Highlights
  • This is Prismic Pharmaceuticals’ 1st transaction in the Healthcare Services sector.
  • This is Prismic Pharmaceuticals’ 1st transaction in the United States.

M&A Deal Summary

Date 2012-02-07
Target Scarista
Sector Healthcare Services
Buyer(s) Prismic Pharmaceuticals
Deal Type Add-on Acquisition

Target

Scarista

United States
Scarista Ltd is a provider of pharmaceutical products.

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Buyer(S) 1

Buyer

Prismic Pharmaceuticals

Worcester, Massachusetts, United States

Category Company
Founded 2011
Sector Life Science
DESCRIPTION

Prismic Pharmaceuticals, Inc. is a pharmaceutical company dedicated to addressing the opioid crisis by developing novel non-addictive prescription drugs for the treatment of pain, inflammation, and neurological disorders, based on formulations utilizing the company’s micro-PEA development platform (palmitoylethanolamide with particle sizes of 0.6 – 10 microns). Prismic Pharmaceuticals, Inc. was founded in 2011 and is based in Worcester, Massachusetts.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1