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New Deal


Announced

Varian Medical Systems to acquire COTA for $20m.

Financials

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Transaction Value£15m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

United States

Domestic

Majority

Single Bidder

Acquisition

Biotechnology

Pending

Friendly

biotechnology company

Synopsis

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Varian Medical Systems, an American radiation oncology treatments and software maker, agreed to acquire COTA, a Boston-based curator of clinical data in oncology, for $20m. "We are excited to partner with Varian to advance our shared goal of improving outcomes for cancer patients. This collaboration allows Varian to leverage our expertise using oncology real-world data while providing COTA with new capital to expand our work with life science companies around the globe," Mike Doyle, COTA CEO.

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