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New Deal


Announced

Completed

eMed completed the acquisition of Science 37 for $38m.

Financials

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Transaction Value£29m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium21.3%
One Off Charge-

Tags

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clinical trial optimization

Health Care Services

telemedicine

United States

clinical research

Private

Acquisition

Majority

Friendly

Single Bidder

Domestic

Tender Offer

Completed

Synopsis

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eMed, a provider of on-demand virtual care and treatment for consumers, completed the acquisition of Science 37, a clinical research company, for $38m. “After an extensive review of opportunities available to Science 37, we believe that eMed provides the greatest value to our stockholders, customers, patients, and employees. Stockholders will receive a premium, trial sponsors will gain greater access to patients, faster enrollment, and confidence in the Company’s capital position, and our employees will be able to continue to pursue the existing mission of the Company,” David Coman, Science 37 CEO.

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