Arlington life sciences advisory firm raises $21M, buys competitor
Bioinformatics Inc. has raised $21 million in Series B funding and has already made an acquisition with the funds.
The Arlington-based consulting firm, which provides research and advisory services to life science and diagnostic companies, paid $6 million to acquire Kalorama Information, a D.C.-based division of MarketResearch.com.
CEO Craig Overpeck told me Kalorama's depth in clinical diagnostics research m ade it an attractive target, saying “we were kind of weak” in the space.
The deal…
Source: bizjournals.com Health Care News Headlines - Category: Health Management Authors: Sara Gilgore Source Type: news