Aditxt has entered into a definitive agreement to acquire Evofem Biosciences, known for its FDA-approved hormone-free contraceptive gel, Phexxi. The acquisition, valued at around $100 million, combines stock issuance and debt assumption. Evofem’s flagship product, Phexxi, offers a non-daily, hormone-free contraceptive choice, aligning with the trend towards personalized women’s healthcare. Despite financial challenges, reflected in a significant share price decline, Evofem reported…
Canada-based Somedays has acquired Aisle, a B-Corp period care company. Somedays, founded three years ago and known for its natural approach to menstrual pain relief, brings a unique perspective to menstrual wellness. Aisle, established in 1993 as a period underwear brand, has a long-standing reputation in the industry for its sustainable and inclusive cycle care products. With this acquisition, the two companies…
In a move within the home-testing healthcare market, imaware has announced the acquisition of binx health’s at-home consumer testing business. This acquisition marks a notable expansion in imaware’s operational scope, particularly in the field of sexually transmitted infection (STI) testing, an area where STIs are increasingly reported in the USA. The acquisition combines imaware’s digital health platform, which specializes in home-testing for…
Pharmavite, known for its Nature Made vitamins, has expanded its presence in the women’s health market with the acquisition of Bonafide Health for $425 million. This move adds Bonafide Health, alongside Uqora and Equelle, to Pharmavite’s portfolio, reinforcing its status as a frontrunner in providing innovative and science-backed health solutions for women. Founded in 2017, Bonafide Health has been working on creating…
In a strategic move, Season Health, a company active in the food-as-medicine sector, has acquired clinical assets from Wellory, a leading network of registered dietitians in the U.S.. This acquisition marks a significant expansion for Season Health, enhancing its ability to offer personalized nutrition care and broadening its insurance coverage. Since its founding in 2019 by Emily Hochman and Jeni Fahy, Wellory…
UpLift, a behavioral health company, has significantly expanded its reach in the United States by acquiring Minded, an online psychiatry service specializing in women’s care. This strategic move allows UpLift to offer team-based therapy and psychiatry services across all 50 states, starting with California, Illinois, New York, Pennsylvania, and Texas. Previously, UpLift’s operations were limited to a handful of states, including Florida,…
Kenyan medical care chain Penda Health has made a strategic move to enhance its on-demand telehealth services by acquiring Swedish healthtech startup Grace Health. The acquisition marks a significant development in the African health space, as two prominent healthcare players join forces to expand their reach and impact. Grace Health, founded in 2018 by Swedish entrepreneurs Estelle Westling and Thérèse Mannheimer, has…
In a move to bolster its digital health initiatives, pharma company MEDICE Health Family has announced the acquisition of femfeel, a digital platform designed to support women through their menopause journey. This strategic acquisition aligns with MEDICE’s vision to go beyond traditional pharmaceuticals, aiming to enhance patients’ lives and provide physicians with innovative therapy options. Founded within the MEDICE Health Family in…
