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New Deal


Announced

Cardinal Health to acquire ScalaMed.

Financials

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

Tags

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Health Care Services

Single Bidder

United States

Private

Domestic

Friendly

health care solutions

Majority

Acquisition

prescription management

Pending

Synopsis

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Cardinal Health, an American multinational health care services company, agreed to acquire ScalaMed, a HIPAA-compliant, smart platform that transfers prescriptions directly to patients via a secure mobile app. Financial terms were not disclosed. "The process of digitizing prescriptions removes the patient from the equation and overlooks the complexity of the real-life adherence challenges patients face – forgetting medication on vacation, not having a pharmacy with convenient hours nearby, the variables are endless," Tal Rapke, ScalaMed CEO and Founder.

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