M&A Deal Summary

ProPharma Group Acquires SOLUTIONS In Health

On August 30, 2018, ProPharma Group acquired information services company SOLUTIONS In Health

Acquisition Highlights
  • This is ProPharma Group’s 1st transaction in the Information Services sector.
  • This is ProPharma Group’s 1st transaction in Canada.
  • This is ProPharma Group’s 1st transaction in Ontario.

M&A Deal Summary
Date 2018-08-30
Target SOLUTIONS In Health
Sector Information Services
Buyer(s) ProPharma Group
Deal Type Add-on Acquisition

Target

SOLUTIONS In Health

Windsor, Ontario, Canada
SOLUTIONS In Health, Inc. is a provider of medical information services to the pharmaceutical, biotech, and medical device industries. SOLUTIONS in Health Inc. is a company of pharmacists, nurses and other health care professionals whose main objective in practice is to ensure that patients taking prescription drugs are in compliance with the prescribed way to take them. If drugs are taken as prescribed, health outcomes will improve, waste in drug plans will be greatly reduced making expenditures for necessary drugs more appropriate.

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Buyer(S) 1

Buyer

ProPharma Group

Overland Park, Kansas, United States
Category Company
Founded 2001
Sector Healthcare Services
DESCRIPTION

ProPharma Group is a provider of medical information, pharmacovigilance, and compliance consulting services for clients in the pharmaceutical, biotechnology, and medical device industries. The Company’s Medical Information service includes responding to inquiries from patients and healthcare professionals in over 30 languages from five contact centers located around the world. Its pharmacovigilance service includes processing of post-marketing and clinical adverse events, aggregate reporting, and signal detection. ProPharma Group also provides an array of Compliance Consulting services to help its clients meet regulatory requirements across the product life cycle. Consulting services include quality assurance, process validation, commissioning and qualification, technology transfer, program management, computer system validation, and other related services. ProPharma Group was formed in 2001 and is based in Overland Park, Kansas.

DEAL STATS #
Overall 3 of 12
Sector (Information Services) 1 of 1
Type (Add-on Acquisition) 3 of 10
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-16 Xendo BV

Leiden, Netherlands

Xendo BV is an independent consultancy and project management organisation in the fields of pharmaceutical products, medical devices and healthcare. Xendo BV was founded in 1990 and is based in Leiden, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-28 The Weinberg Group

Washington, District of Columbia, United States

The Weinberg Group is a provider of regulatory and compliance services to the pharmaceutical, biotech, and medical device industries. The Weinberg Group has helped countless companies with FDA, regulatory, quality and compliance, and company-related matters. The Weinberg Group has a track record of success when interacting with the FDA; it has achieved this reputation of excellence using its proprietary approach to the Agency that combines vast scientific knowledge with extensive regulatory expertise.

Buy -
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