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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