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HEALWELL AI finalizes acquisition of VeroSource Solutions and BioPharma Services to expand healthcare technology capabilities

PUBLIC · HWAIFJul 02, 2024

Acquiring Company

Healwell AI

Acquired Company

VeroSource Solutions

TorontoFrederictonFishersBiotechnologyHealthcareHealth CareArtificial IntelligenceMachine LearningInformation TechnologySoftwareHealth CareBiotechnologyHealthcarePharmaceutical

Description

HEALWELL AI Inc. has successfully completed the acquisitions of VeroSource Solutions Inc. and BioPharma Services Inc. These strategic acquisitions are expected to significantly enhance HEALWELL's financial profile and core capabilities, allowing the company to offer comprehensive data science offerings for large enterprise clients in the healthcare industry.

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Company Information

Company

Healwell AI

Location

Toronto, Ontario, Canada

About

Healwell AI is a healthcare technology company focused on AI and data science for preventative care. Our mission is to improve healthcare and save lives through early identification and detection of disease. As a physician-led organization with a proven management team of experienced executives, HEALWELL AI is executing a strategy centered around developing and acquiring technology and clinical sciences capabilities that complement the company’s roadmap.

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Frequently asked

Who acquired VeroSource Solutions?

VeroSource Solutions was acquired by Healwell AI, based in Toronto. The deal was reported on July 2, 2024. Healwell AI is a healthcare technology company focused on AI and data science for preventative care. Our mission is to improve healthcare and save lives through early identification and detection of disease. Healwell AI is publicly traded (HWAIF) and operates in Biotechnology.

When did Healwell AI acquire VeroSource Solutions?

Healwell AI's acquisition of VeroSource Solutions was reported on July 2, 2024. HEALWELL AI Inc. has successfully completed the acquisitions of VeroSource Solutions Inc. and BioPharma Services Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does VeroSource Solutions do?

VeroSource Solutions Inc. is an end-to-end, customizable, cloud-based data interoperability platform for healthcare data. BioPharma Services Inc. It is privately held, operating in Information Technology, and is based in Fredericton.

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