M&A Deal Summary

Sofie Acquires Houston Cyclotron Partners - Cyclotope Radiopharmacy

On June 17, 2019, Sofie acquired life science company Houston Cyclotron Partners - Cyclotope Radiopharmacy from Houston Cyclotron Partners

Acquisition Highlights
  • This is Sofie’s 1st transaction in the Life Science sector.
  • This is Sofie’s 2nd transaction in the United States.
  • This is Sofie’s 1st transaction in Texas.

M&A Deal Summary

Date 2019-06-17
Target Houston Cyclotron Partners - Cyclotope Radiopharmacy
Sector Life Science
Buyer(s) Sofie
Sellers(s) Houston Cyclotron Partners
Deal Type Divestiture

Target

Houston Cyclotron Partners - Cyclotope Radiopharmacy

Houston, Texas, United States
Houston Cyclotron Partners LP - Cyclotope Radiopharmacy operate 17 radiopharmacies throughout the US, with plans to expand into five additional markets in the next 24 months. The company serves over 400,000 patients annually at 700 clinical practices and supports R&D and contract manufacturing for both pharma partnerships and SOFIE's own proprietary drug development efforts.

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Buyer(S) 1

Buyer

Sofie

Dulles, Virginia, United States

Category Company
Sector Life Science
DESCRIPTION

Sofie is a molecular imaging company combining new PET imaging diagnostics with innovative imaging and synthesis systems to provide researchers and physicians with tools to better investigate the biology of disease. Sofie is based in Dulles, Virginia.


DEAL STATS #
Overall 2 of 2
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-11 Zevacor Pharma

Noblesville, Indiana, United States

Zevacor Pharma is a developer, manufacturer and distributor of PET radiopharmaceutical products and supporting services used in molecular imaging in the U.S. Zevacor has a unique product portfolio and pipeline of diagnostic tracers aimed at advancing the development of the global movement towards personalized medicine and making molecular imaging a major discipline in healthcare.

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Seller(S) 1

SELLER

Houston Cyclotron Partners

Houston, Texas, United States

Category Company
Sector Life Science
DESCRIPTION

Houston Cyclotron Partners LP is a company dedicated to producing high-quality radiopharmaceutical and radioisotopes for nuclear medicine and diagnostic imaging communities. Cyclotope was designed to meet the current demands of the molecular imaging community as well as to advance the development of next-generation PET tracers.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1