Our Deals
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.