M&A Deal Summary

Revive Therapeutics Acquires Psilocin Pharma

On February 12, 2020, Revive Therapeutics acquired life science company Psilocin Pharma

Acquisition Highlights
  • This is Revive Therapeutics’ 1st transaction in the Life Science sector.
  • This is Revive Therapeutics’ 2nd transaction in Canada.
  • This is Revive Therapeutics’ 2nd transaction in Ontario.

M&A Deal Summary

Date 2020-02-12
Target Psilocin Pharma
Sector Life Science
Buyer(s) Revive Therapeutics
Deal Type Add-on Acquisition

Target

Psilocin Pharma

Toronto, Ontario, Canada
Psilocin Pharma Corp. has developed production solutions for the active compound Psilocybin. Psilocin process encompassed with intellectual property cover methods of production of Psilocybin based formulations. Psilocin had developed 6 formulations to date. Psilocin Pharma Corp’s range of products has been engineered to work synergistically with the body's own natural pathways of absorption while offering a contemporary approach to consumption.

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Buyer(S) 1

Buyer

Revive Therapeutics

Toronto, Ontario, Canada

Category Company
Founded 2012
Sector Life Science
Revenue 6M CAD (2023)
DESCRIPTION

Revive Therapeutics is a life sciences company focused on the research, development, and commercialization of novel cannabinoid-based products. Revive’s novel cannabinoid delivery technology is being advanced to fill the medical needs for diseases and disorders such as pain, inflammation, and wound care. Revive’s cannabinoid pharmaceutical portfolio focuses on rare inflammatory and liver diseases. Revive Therapeutics was founded in 2012 and is based in Toronto, Ontario.


DEAL STATS #
Overall 2 of 2
Sector: Life Science M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Ontario M&A 2 of 2
Country: Canada M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-12 Greeninsightz

Toronto, Ontario, Canada

Greeninsightz Ltd. is an artificial intelligence data software company focused on the cannabis sector. reenInsightz uses patented technology to look at data sets from leading social media, blogs, and other forums to help target patients and recreational users. The technology helps identify strain protocols preferred and allows more effective marketing for the cannabis or clinic provider.

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