Add-on Acquisition • Life Science

Science Exchange Acquires OnDeckBiotech

On June 7, 2016, Science Exchange acquired life science company OnDeckBiotech

Acquisition Context
  • This is Science Exchange’s 1st transaction in the Life Science sector.
  • This is Science Exchange’s 1st transaction in the United States.
  • This is Science Exchange’s 1st transaction in Massachusetts.

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M&A Deal Summary

Date June 7, 2016
Target OnDeckBiotech
Sector Life Science
Buyer(s) Science Exchange
Deal Type Add-on Acquisition

Target Company

OnDeckBiotech

Cambridge, Massachusetts, United States
OnDeckBiotech is an international community and marketplace that connects biopharmaceutical companies with contract service providers.
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Buyer Overview 1

Buyer

Science Exchange

San Francisco, California, United States

Category Company
Founded 2011
Sector Internet Software and Services
DESCRIPTION

Science Exchange is a first procurement and supplier orchestration cloud software platform for life sciences companies. The platform digitizes and streamlines complex procurement workflows spanning the entire purchasing lifecycle, from vendor and product discovery through purchasing and payment. Science Exchange was founded in 2011 an is based in San Francisco, California.


Deal Context for Buyer #
Overall 1 of 1
Sector: Life Science 1 of 1
Type: Add-on Acquisition 1 of 1
State: Massachusetts 1 of 1
Country: United States 1 of 1
Year: 2016 1 of 1