Arcline-backed Resolution Medical completed the acquisition of LifeTec Group.

Arcline-backed Resolution Medical, a medical device provider, completed the acquisition of LifeTec Group, a pre-clinical contract research organization. Financial terms were not disclosed. "LifeTec's biosimulation services and technologies add clinical insight depth and accelerate R&D execution for medical device companies around the world. We have long been impressed by the LifeTec team's capabilities, and are extremely excited to come together. Our customers look for fully integrated development and manufacturing capabilities, fast and agile execution, and clinically deep anatomical and physiological expertise. That is what Resolution Medical offers and embodies. LifeTec is a fantastic addition to further our mission of Partnering to Bring the Frontiers of Medical Technology to Life," Luke Johnson, Resolution Medical CEO.