Novo Integrated Sciences Acquires PRO-DIP, LLC
May 26, 2021
Novo Integrated Sciences (NASDAQ: NVOS) completed an all-share acquisition of PRO-DIP, LLC, a San Jose-based developer of a patent-pending oral pouch delivery system for nutraceutical and medicinal formulations. The transaction (valued at $755,385 or $3.98 per share) expands Novo's health-science IP portfolio and adds product capabilities and distribution relationships to support nutraceutical and medical product applications.
- Buyers
- Novo Integrated Sciences, Inc.
- Targets
- PRO-DIP, LLC
- Industry
- Medical Devices
- Location
- California, United States
- Transaction Type
- Buyout
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