HEALWELL AI finalizes acquisition of VeroSource Solutions and BioPharma Services to expand healthcare technology capabilities
Acquiring Company
Healwell AI
Acquired Company
VeroSource Solutions
TorontoFredericton
FishersBiotechnologyHealthcareHealth CareArtificial IntelligenceMachine LearningInformation TechnologySoftwareHealth CareBiotechnologyHealthcarePharmaceuticalDescription
HEALWELL AI Inc. has successfully completed the acquisitions of VeroSource Solutions Inc. and BioPharma Services Inc. These strategic acquisitions are expected to significantly enhance HEALWELL's financial profile and core capabilities, allowing the company to offer comprehensive data science offerings for large enterprise clients in the healthcare industry.
Quick answer
Healwell AI is acquiring VeroSource Solutions and INCOG BioPharma Services, announced July 2, 2024. Healwell AI is based in Toronto, Ontario, Canada.
- How much did Healwell AI pay for VeroSource Solutions?
- The deal value was not disclosed.
- What does Healwell AI do?
- Healwell AI is a healthcare technology company focused on AI and data science for preventative care.
- Where are Healwell AI and VeroSource Solutions based?
- Healwell AI is based in Toronto, Ontario, Canada. VeroSource Solutions is based in Fredericton, New Brunswick, Canada.
- Who are the decision-makers at Healwell AI?
- Fundz holds 1 contact at Healwell AI. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Healthcare and Healthcare
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- Edwards Lifesciences Completes Acquisitions of JenaValve Technology and Endotronix (July 24, 2024)
- AvaSure completes acquisition of Ouva's AI-Powered Smart Room Solutions to enhance virtual care platform (July 29, 2024)
- HEALWELL AI Inc. to Acquire VeroSource Solutions Inc. for AI-Powered Population Health Capabilities (June 11, 2024)
- AbbVie finalizes acquisition of Landos Biopharma, Inc. to advance treatment for ulcerative colitis and Crohn's disease (May 23, 2024)
- GE HealthCare to acquire clinical artificial intelligence business from Intelligent Ultrasound Group PLC (July 18, 2024)
- Iktos completes acquisition of Synsight to enhance AI-based drug discovery platform (July 8, 2024)
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Frequently asked
Who acquired VeroSource Solutions?
VeroSource Solutions was acquired by Healwell AI, based in Toronto. The deal was reported on July 2, 2024. Healwell AI is a healthcare technology company focused on AI and data science for preventative care. Our mission is to improve healthcare and save lives through early identification and detection of disease. Healwell AI is publicly traded (HWAIF) and operates in Biotechnology.
When did Healwell AI acquire VeroSource Solutions?
Healwell AI's acquisition of VeroSource Solutions was reported on July 2, 2024. HEALWELL AI Inc. has successfully completed the acquisitions of VeroSource Solutions Inc. and BioPharma Services Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does VeroSource Solutions do?
VeroSource Solutions Inc. is an end-to-end, customizable, cloud-based data interoperability platform for healthcare data. BioPharma Services Inc. It is privately held, operating in Information Technology, and is based in Fredericton.
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