Elsevier Acquires 3D4Medical for ~$50M

 Elsevier Acquires 3D4Medical for ~$50M

Elsevier Acquires 3D4Medical for ~50M

Shots:

  • Elsevier acquired 3D4Medical for approximately $50M under which life science group Malin received $18.71M for its 38% shares in 3D4Medical, which it acquired in 2015
  • The focus of the acquisition is to accelerate Elsevier’s medical education offering with the addition of 3D4Medical’s anatomy platform, providing offerings to learners, educators and professionals
  • 3D4Medical develops Healthcare apps, achieved ~25M downloads across its product suites and has been ranked as the leading medical app on Apple, Microsoft and Google’s app store across 160 countries

Source 1, Source 2 to­ read full press release/ article | Ref: PRNewswire, Irish Times | Image: AMSA International

Tuba Khan

Tuba Khan is Senior Editor at PharmaShots. She is curious, creative, and passionate about recent updates and innovation in the Life sciences industry. She covers Biopharma, MedTech, and Digital health segments. Tuba also has an experience of digital and social media marketing and runs the campaigns independently. She can be contacted on tuba@pharmashots.com

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