Mateon Therapeutics Acquires PointR Data Inc.
November 4, 2019
Mateon Therapeutics, Inc. (OTCQB:MATN) has completed its acquisition of PointR Data Inc., a revenue-generating AI and high-performance cluster computing company that provides AI Vision and blockchain solutions for pharmaceutical manufacturing and clinical trial monitoring. The deal brings PointR's leadership (including Saran Saund and Burcak Beser) into Mateon's management team and is intended to expand Mateon's capabilities by integrating AI and blockchain into its drug development, manufacturing and real-world evidence efforts.
- Buyers
- Mateon Therapeutics, Inc.
- Targets
- PointR Data Inc.
- Industry
- AI & Machine Learning
- Location
- California, United States
- Transaction Type
- Buyout
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