M&A Deal Summary

RLS Radiopharmacies Acquires GE Healthcare’s U.S. Radiopharmacy Network

On September 1, 2020, RLS Radiopharmacies acquired medical products company GE Healthcare’s U.S. Radiopharmacy Network from GE Healthcare

Acquisition Highlights
  • This is RLS Radiopharmacies’ 1st transaction in the Medical Products sector.
  • This is RLS Radiopharmacies’ 1st transaction in the United States.
  • This is RLS Radiopharmacies’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2020-09-01
Target GE Healthcare’s U.S. Radiopharmacy Network
Sector Medical Products
Buyer(s) RLS Radiopharmacies
Sellers(s) GE Healthcare
Deal Type Divestiture

Target

GE Healthcare’s U.S. Radiopharmacy Network

Westborough, Massachusetts, United States
GE Healthcare’s U.S. Radiopharmacy Network focused on supplying GE Healthcare molecular imaging products.

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Buyer(S) 1

Buyer

RLS Radiopharmacies

Lake Mary, Florida, United States

Category Company
Sector Life Science
DESCRIPTION

RLS Radiopharmacies is a General Electric Channel Partner engaged in isotope production and delivery of service to the nuclear medicine market. RLS Radiopharmacies is based in Lake Mary, Florida.


DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

GE Healthcare

Westborough, Massachusetts, United States

Category Company
Founded 1994
Sector Medical Products
DESCRIPTION

GE Healthcare, a unit of General Electric Company is a provider of medical technologies and services. GE Healthcare has expertise in medical imaging and information technologies, medical diagnostics, patient monitoring systems, performance improvement, life sciences, drug discovery, and biopharmaceutical manufacturing technologies. GE Healthcare is based in Westborough, Massachusetts.


DEAL STATS #
Overall 10 of 11
Sector: Medical Products M&A 5 of 5
Type: Divestiture M&A Deals 10 of 11
State: Massachusetts M&A 2 of 2
Country: United States M&A 9 of 10
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-11 Centricity Contingent Staffing

Hartford, Wisconsin, United States

Centricity Contingent Staffing is a provider of human capital management solutions to the healthcare industry including time and attendance, staffing and scheduling, patient classification, payroll, human resource, productivity management and education tracking software.

Sell $1.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-20 Prismatic Sensors AB

Stockholm, Sweden

Prismatic Sensors AB is a spin-off company from research at KTH Royal Institute of Technology and Linköping Institute of Technology. The company is focused on the research and development of photon-counting detectors for CT, providing improved contrast and spatial resolution at reduced radiation dose. Prismatic has many granted patents as well as pending patent applications. Ramsbury Invest was an initial investor along with company employees. Prismatic has offices in Stockholm and Linköping, Sweden. It has cutting edge competency in the design of integrated circuits, high precision mechanical solutions, physics, software, algorithms, as well as mathematics for image reconstruction. Prismatic Sensors is based in Stockholm, Sweden.

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