HEALWELL AI Acquires BioPharma Services from Think Research
July 8, 2024
HEALWELL AI Inc. (TSX: AIDX) has acquired BioPharma Services Inc., a Toronto-based contract research organization (CRO), from Think Research Corporation. The acquisition expands HEALWELL's clinical research capabilities by integrating BioPharma's Phase 1/2a and bioequivalence trial expertise with HEALWELL's AI, patient databases and clinic network.
- Buyers
- HEALWELL AI Inc.
- Targets
- BioPharma Services Inc.
- Sellers
- Think Research Corporation
- Industry
- Pharmaceuticals
- Location
- Ontario, Canada
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
WELL Health Technologies Acquires Control of HEALWELL AI Inc.
April 1, 2025
AI & Machine Learning
WELL Health Technologies exercised a previously negotiated call option concurrent with HEALWELL AI Inc.'s closing of its NZ$175 million acquisition of Orion Health, acquiring optioned common and multiple-voting shares of HEALWELL. Following the exercise, WELL holds approximately 37% of the economic interest and roughly 69% of the voting rights in HEALWELL and will hold the shares for investment purposes.
-
HEALWELL AI Acquires Intrahealth Systems from WELL Health Technologies
January 25, 2024
Healthcare Services
HEALWELL AI Inc. agreed to acquire Intrahealth Systems Limited from WELL Health Technologies Corp. for approximately $24.2 million, primarily paid in HEALWELL shares. The acquisition adds a mature, SaaS-based EHR platform supporting ~15,000 clinicians (expected >$12M revenue in 2024, >80% gross margins) and will be integrated with HEALWELL's AI tools to create an AI-powered EHR.
-
ThinkBio.Ai Acquires InfoHealth Solutions
October 23, 2025
Healthcare Services
ThinkBio.Ai, a San Francisco-based digital biology and AI platforms company, has acquired UK-based InfoHealth Solutions, a provider of hospital asset management software that supports 19 NHS Trusts with over 30 installations. InfoHealth will retain its brand as a ThinkBio.Ai company and the acquisition aims to combine ThinkBio's AI capabilities with InfoHealth's NHS expertise to improve asset reliability, predictive maintenance, and operational resilience across UK hospitals.
-
HEALWELL AI to Acquire VeroSource Solutions
June 11, 2024
Healthcare Services
HEALWELL AI Inc. has agreed to acquire VeroSource Solutions Inc. for total consideration of approximately $24.5 million in a two-step transaction (initial ~51% on July 1, 2024 and remaining ~49% expected about January 1, 2025), payable in cash, HEALWELL subordinate voting shares and a performance-based earn-out. VeroSource, a Canadian health-data interoperability and digital-front-door platform serving provincial health clients, is expected to generate over $8 million in 2024 with strong recurring revenue and margins and will expand HEALWELL's population-health and AI-driven capabilities.
-
Calian Group Acquires Allphase Clinical Research and Alio Health Services
January 31, 2020
Healthcare Services
Calian Group Ltd. announced the acquisition of Ottawa-based Allphase Clinical Research Services Inc. and Alio Health Services Inc., bringing clinical trial management, patient support program capabilities and a proprietary home-care scheduling software into Calian’s Health segment. The deal consideration included $12.0 million in cash, 62,054 common shares and up to $12.0 million of earnouts tied to future EBITDA, with Calian planning to integrate the HOMETM application across its health services to drive new business and efficiencies.
-
PhaseWell Research Acquires Bio Behavioral Health
January 21, 2026
Healthcare Services
PhaseWell Research, a national clinical research site company, announced that Bio Behavioral Health has joined its network to expand access to neuropsychiatric and CNS clinical trials. The deal strengthens PhaseWell's community-based research capabilities and broadens patient access to complex clinical studies across its growing national footprint.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.