M&A Deal Summary

Rakuten Medical Acquires Medlight S.A.

On August 19, 2020, Rakuten Medical acquired medical products company Medlight S.A.

Acquisition Highlights
  • This is Rakuten Medical’s 1st transaction in the Medical Products sector.
  • This is Rakuten Medical’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2020-08-19
Target Medlight S.A.
Sector Medical Products
Buyer(s) Rakuten Medical
Deal Type Add-on Acquisition

Target

Medlight S.A.

Ecublens, Switzerland
Medlight S.A. produces and commercializes a large range of catheters and diffusers for optical light delivery. Medlight was founded in 1997 and is based in Ecublens, Switzerland.

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Buyer(S) 1

Buyer

Rakuten Medical

San Diego, California, United States

Category Company
Founded 2010
Sector Life Science
DESCRIPTION

Rakuten Medical is a global biotechnology company developing precision, cell-targeting investigational therapies on its IlluminoxTM platform, which, in preclinical studies have shown to lead to rapid and selective cell killing and tumor necrosis. Illuminox therapies have not yet been approved by any regulatory authority. Rakuten Medical was formed in 2010 and is based in San Diego, California.


DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2020 M&A 1 of 1