Deals

Medifacts International Acquired by Global Research Services March 23, 2007

Overview

Dr. Bruce Garrett, the former Chief Medical Officer for Medifacts, announced that he has purchased the CRO division of Medifacts International, Inc. and will continue operations under the new name of Global Research Services, LLC.

Significance

According to Dr. Garret, “Global Research retains its focus on cardiovascular and metabolic diseases for emerging pharmaceutical and biotechnology companies. Our biometric center in China continues to provide 21 CFR compliant data processing services with real time data entry and review.”

He added that “Our goal is to expand our early-stage consulting team so that we can provide select clients with comprehensive product development services.”

Crosstree’s Role

Crosstree Capital Partners was the exclusive financial advisor for Medifacts International.

Sub-Sector

Pharma Services
Healthcare Technology

Type

Merger and Acquisition

Deal Tags

Data Science
Medical Device