The pandemic accelerated the quest for better digital healthcare solutions. This combined company will reach a network of over 300,000 global healthcare professionals, 2,800 hospitals, clinics and long-term care facilities, and 200 research and pharmaceutical companies.
Think Research Corporation (TSX Venture: THNK) focuses on transforming healthcare through digital health software solutions. Bio Pharma Services Inc. is a leading contract research organization to pharmaceutical companies globally. Think Research as entered into a definitive share purchase agreement to acquire all of Bio Pharma’s issued and outstanding shares.
In addition to further expansion in the United States, the deal is expected to nearly double Think Research’s pro forma 2021 revenue and presents significant new technology-driven revenue synergies for the combined entity.
Shares were flat in late-morning trade at $2.07.
