Private Equity
Shanghai-based I-Mab Biopharma, which focuses on biologics in therapeutic areas of immuno-oncology and immuno-inflammation, has appointed Jielun Zhu as chief financial officer. Previously, Zhu was managing director and Asia head of healthcare investment banking and capital markets in Hong Kong for Jefferies Group LLC. I-Mab is backed by Hony Capital, Hillhouse Capital, HOPU Investments, CDH Investment, Ally Bridge Group, EDBI, C-Bridge Capital and Tasly Capital.
3 min read · 01 August 2018
CentralReach, which is backed by Insight Venture Partners, has named Chris Sullens as CEO. His appointment becomes effective immediately. Previously, Sullens was president and CEO of WorkWave. Based in Pompano Beach, Florida, CentralReach is a provider of electronic health record, clinical solutions and practice management software for clinics focused on applied behavior analysis, speech therapy, and occupational therapy.
4 min read · 31 July 2018
3 min read · 30 July 2018
Redmile Group has raised $218.27 million for its debut fund, according to an SEC filing. San Francisco-based Redmile invests in healthcare.
1 min read · 30 July 2018
Premier Research has acquired California-based Regulatory Professionals Inc, a California-based provider of regulatory expertise and solutions to biotechnology, pharmaceutical and medical device companies. No financial terms were disclosed. William Blair & Company provided financial advice to Premier Research while Ropes & Gray LLP served as legal adviser. And, Edgemont Capital Partners, Lowenstein Sandler LLP and KPMG LLP advised RPI. Premier Research is a portfolio company of Metalmark Capital.
3 min read · 30 July 2018
Social Reality has agreed to sell SRAXmd to Halyard Capital for a consideration of up to $52.5 million. SRAXmd is the healthcare and pharmaceutical digital advertising product line for Social Reality Inc, a digital marketing and consumer data management and distribution technology platform company.
3 min read · 30 July 2018
2 min read · 26 July 2018
6 min read · 26 July 2018
Active Day, which is backed by Audax Private Equity, has acquired Sunrise Miami Adult Day Care Center and two Minnesota adult care centers. The sellers were Sunrise Community Inc and Millennium Adult Day Care, respectively. No financial terms were disclosed.
2 min read · 25 July 2018
DME Express, which is backed by WayPoint Capital Partners, has acquired Maryland-based Advanced Therapeutics, a provider of medical equipment to hospice providers. No financial terms were disclosed.
3 min read · 25 July 2018
