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Divestiture • Medical Products

ZYUS Life Sciences Acquires Ehave - Proprietary Health Informatics Platform

On March 25, 2019, ZYUS Life Sciences acquired medical products company Ehave - Proprietary Health Informatics Platform from Ehave for 3M CAD

Acquisition Context
  • This is ZYUS Life Sciences’ 1st transaction in the Medical Products sector.
  • This is ZYUS Life Sciences’ 0th largest (disclosed) transaction.
  • This is ZYUS Life Sciences’ 1st transaction in Canada.
  • This is ZYUS Life Sciences’ 1st transaction in Ontario.

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M&A Deal Summary
Date March 25, 2019
Target Ehave - Proprietary Health Informatics Platform
Sector Medical Products
Buyer(s) ZYUS Life Sciences
Sellers(s) Ehave
Deal Type Divestiture
Deal Value 3M CAD

Target Company

Ehave - Proprietary Health Informatics Platform

Oakville, Ontario, Canada
Ehave, Inc. - Proprietary Health Informatics Platform is a platform that contains components specifically designed to be used by medical cannabis patients to efficiently gather and verify patient-reported outcomes and experiences, evaluate treatment progress, enhance patient engagement and improve data modeling.
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Buyer Overview 1

Buyer

ZYUS Life Sciences

Saskatoon, Saskatchewan, Canada
Category Company
Founded 2018
Sector Life Science
DESCRIPTION

ZYUS Life Sciences, Inc. is a biopharmaceutical company that offers patients cannabinoid and other phyto-therapeutic medical solutions. ZYUS provides advocacy, research, and innovative product & service offerings, ZYUS enable healthcare professionals to leverage the power of cannabinoids to manage disease and improve patient quality of life. ZYUS Life Sciences, Inc. was founded in 2018 and is based in Saskatoon, Canada.

Deal Context for Buyer #
Overall 1 of 1
Sector: Medical Products 1 of 1
Type: Divestiture 1 of 1
State: Ontario 1 of 1
Country: Canada 1 of 1
Year: 2019 1 of 1

Seller Profile 1

SELLER

Ehave

Miami, Florida, United States
Category Company
Founded 2011
Sector Medical Products
Employees1
DESCRIPTION

Ehave is a healthcare company developing a next generation of digital solutions for stakeholders in the medical cannabis and mental health sectors. Ehave’s health informatics platform efficiently captures high-quality, objective user data. Ehave was founded in 2011 and is headquartered in Miami, Florida.

Deal Context for Seller #
Overall 1 of 1
Sector: Medical Products 1 of 1
Type: Divestiture 1 of 1
State: Ontario 1 of 1
Country: Canada 1 of 1
Year: 2019 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-05 MDLink

Kingston, Jamaica

MDLink Ltd. is an innovative medical service that allows patients to connect with the best doctors in the region. The company improve access to healthcare by connecting doctors 24/7 via Video, Audio or Text.MDLink was formed in 2017 and is based in Kingston, Jamaica.

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