Receive our newsletter – data, insights and analysis delivered to you
  1. News
February 2, 2017updated 25 Oct 2021 10:30am

M&As this week: Grifols and CoverMyMeds

As a part of its growth strategy, Global health care company, Grifols, has acquired the Nucleic Acid Testing (NAT) donor screening unit from Hologic in a $1.85bn deal.

As a part of its growth strategy, Global health care company, Grifols, has acquired the Nucleic Acid Testing (NAT) donor screening unit from Hologic in a $1.85bn deal.

The NAT unit, which conducts research and development (R&D) and manufactures assays and instruments for transfusion and transplantation screening, was Hologic’s interest in the joint-business held by both the companies. The acquired assets also include a plant in San Diego, development rights, licenses to patents and access to product manufacturers.

The acquisition enables the Spanish company to strengthen its position in transfusion medicine through NAT technology.

“The acquisition enables the Spanish company to strengthen its position in transfusion medicine through NAT technology.”

CoverMyMeds, a healthcare technology company specialising in electronic prior authorisation (ePA) solutions, will be acquired by healthcare and information technology provider McKesson Corporation, for up to $1.4bn.

CoverMyMeds’ ePA solutions automate and accelerate the prescription approval process, and help customers to avoid administrative waste and unnecessary expenses caused by prescription abandonment.

Though the two companies are working together towards their common mission to improve their health care business since 2010, the pending acquisition will enable them to enhance the value they provide to their customers across the health care spectrum.

Content from our partners
Precision wire: The future of bespoke medical treatment
Why this global life sciences COO believes relocation to Charleston, SC, was key to achieving next-level success
“This technique means everything to us”: How CGM devices empower users 

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The medical device industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU