Category: News

Optinose Announces Positive Top-line Results of ReOpen2, its second Phase 3 Clinical Trial of XHANCE for Treatment of Chronic Sinusitis

First Ever Phase 3 Program to Show Improvement in Both Symptoms and Inflammation Inside the Sinuses with a Nasal Therapy for Chronic Sinusitis Patients Physicians Diagnose Chronic Sinusitis 10 Times More Frequently Than XHANCE’s Current Nasal Polyps Indication and there is no FDA-Approved Medication for these Patients Conference call and webcast to be held today at 8:30 a.m. […]

Written by on June 13, 2022

Avista Capital Partners Completes Sale Of Inform Diagnostics to Fulgent Genetics, Inc.

 NEW YORK, April 27, 2022 — Avista Capital Partners (“Avista”), a leading private equity firm focused exclusively on healthcare, today announced that it has closed on the sale of Inform Diagnostics (“Inform Diagnostics”) to Fulgent Genetics (NASDAQ: FLGT).  Inform Diagnostics is one of the largest national pathology laboratories in the United States with offerings across gastrointestinal […]

Written by on April 27, 2022

Fulgent Genetics Agrees to Acquire Inform Diagnostics and Provides Preliminary First Quarter Revenue Results

Proposed acquisition will add diagnostic offerings, including hematopathology and anatomic pathology, while also providing a highly complementary nationwide commercial infrastructure to support Fulgent’s rapidly expanding genomic testing footprint Preliminary first quarter revenue results expected to exceed previous guidance provided on February 23, 2022 Fulgent updates full year 2022 core revenue guidance to approximately $175 million […]

Written by on April 18, 2022

Solmetex, LLC Acquires DryShield, Inc.

— Combined Organizations Plan to Expand Adoption of Innovative Dental Treatment Isolation Technology — NORTHBOROUGH, Mass. and FOUNTAIN VALLEY, Calif., April 11, 2022 /PRNewswire/ — Solmetex, LLC, the dental industry’s leading provider of amalgam separators and other waste compliance products, today announced that it has closed the acquisition of DryShield®, a dental innovator of in-treatment patient isolation products, combining […]

Written by on April 11, 2022

Solmetex, LLC Acquires Sterisil, Inc.

— Combined Company Poised to Transform the Dental Water Treatment Category, Drive Innovation, and Improve Safety — NORTHBOROUGH, Mass. and PALMER LAKE, Colo., April 5, 2022 /PRNewswire/ — Solmetex, LLC, the dental industry’s leading provider of amalgam separators and other waste compliance products, today announced that it has signed an agreement to acquire Sterisil®, a leading innovator of dental […]

Written by on April 5, 2022

Probo Medical Acquires Canute Medical

TAMPA, Fla., April 4, 2022 /PRNewswire/ — Probo Medical (“Probo”), a leading global provider of medical imaging equipment, parts, repair and service, today announced the completion of its acquisition of Canute Medical (“Canute”). Terms of the transaction were not disclosed. Canute, incorporated in 2012, is a leading service provider for installation, de-installation, removals, and remarketing of pre-owned medical […]

Written by on April 4, 2022

Ligand To Spin-Off Its OmniAb Business Through Merger With Avista Public Acquisition Corp. II

Transaction will result in OmniAb becoming an independent publicly-traded company Ligand’s shareholders to receive 100% of Ligand’s shares in OmniAb through a tax-free distribution immediately prior to the merger EMERYVILLE, Calif. & NEW YORK — March 23, 2022 — (BUSINESS WIRE)– Ligand Pharmaceuticals Incorporated (Ligand) (NASDAQ: LGND) today announced the signing of a definitive merger […]

Written by on March 23, 2022

Neil Ferguson Joins Avista Capital Partners as a Strategic Executive

NEW YORK, NY – March 10, 2022 – Avista Capital Partners (“Avista”), a leading private equity firm focused exclusively on healthcare, today announced that Neil Ferguson has joined the firm as a Strategic Executive. Mr. Ferguson is a proven executive who joins Avista after 35 years in the healthcare and pharmaceutical industries, with the majority […]

Written by on March 10, 2022

UBC Announces Acquisition of MarketShare Movers (“MSM”)

BLUE BELL, Pa., March 9, 2022 /PRNewswire/ — UBC announced today that it has acquired MarketShare Movers (“MSM”), a data-driven prescription drug benefit and affordability company. As prescription drug affordability continues to be a leading driver of prescription abandonment and dosing reductions in healthcare today, developing strategies surrounding patient affordability programs will continue to be front and […]

Written by on March 9, 2022

Optinose Reports Positive Top-line Results in ReOpen1, a Landmark Phase 3 Trial for XHANCE in Chronic Sinusitis

XHANCE met both co-primary endpoints in the ReOpen1 trial, demonstrating statistically significant benefits on symptoms and CT scans in patients with chronic sinusitis There are no FDA-approved drug treatments for the 30 million adults in the U.S. with chronic sinusitis Conference call and webcast to be held today at 4:15 p.m. Eastern Time YARDLEY, Pa., March 07, 2022 (GLOBE NEWSWIRE) — Optinose (NASDAQ:OPTN), […]

Written by on March 7, 2022

Avista Capital Partners to Acquire Probo Medical

New York, NY and Tampa, FL — February 15, 2022 — Avista Capital Partners (“Avista”), a leading private equity firm focused exclusively on healthcare, and Probo Medical, LLC (“Probo” or “the Company”) today announced that Avista has entered into definitive documentation to acquire Probo from Varsity Healthcare Partners.  Transaction terms were not disclosed. Founded in […]

Written by on February 15, 2022

Private Equity Industry’s First-Ever ESG Data Convergence Project Announces Milestone Commitment of Over 100 LPs and GPs

Global LPs and GPs representing $8.7 trillion USD in AUM and more than 1,400 private companies commit to collaborative ESG reporting system in its inaugural year January 28th, 2022 – Since its launch in September 2021, the ESG Data Convergence Project, which seeks to standardize ESG metrics and provide a mechanism for comparative reporting for […]

Written by on January 28, 2022