M&A Deal Summary

Spectrascience Acquires Oncoscope

On February 23, 2016, Spectrascience acquired medical products company Oncoscope

Acquisition Highlights
  • This is Spectrascience’s 1st transaction in the Medical Products sector.
  • This is Spectrascience’s 1st transaction in the United States.
  • This is Spectrascience’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2016-02-23
Target Oncoscope
Sector Medical Products
Buyer(s) Spectrascience
Deal Type Add-on Acquisition

Target

Oncoscope

Durham, North Carolina, United States
Oncoscope developed a proprietary optical imaging system to provide immediate, minimally-invasive detection of pre-cancerous epithelial tissues using scattered white light.

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Buyer(S) 1

Buyer

Spectrascience

San Diego, California, United States

Category Company
Founded 1983
Sector Medical Products
Employees5
DESCRIPTION

SpectraScience is a San Diego based medical device company that designs, developSCIEs, manufactures and markets spectrophotometry systems capable of determining whether tissue is normal, pre-cancerous or cancerous without physically removing tissue from the body. Protected by more than 30 patents in 28 countries, covering fundamental elements of the technology, the WavSTAT Optical Biopsy System uses light to optically scan tissue and provide the physician with an immediate analysis. SpectraScience was founded in 1983 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
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1