Companies

VANCOUVER – TELUS Corp. announced an agreement to acquire LifeWorks, Inc. for approximately $2.3 billion. LifeWorks is a world leader in providing digital and in-person solutions that support the total wellbeing of individuals – mental, physical, financial and social. Read More

MONTREAL – Christie Innomed, one of Canada’s largest independent healthcare companies, has announced its first foray into the U.S. market with the acquisition of Comp-Ray, a well-establish medical imaging hardware and software solutions company. Comp-Ray offers Multi-Vendor Sales and Service (MVS) solutions and serves the southwestern U.S. from its headquarters in Arizona. Read More

DUBLIN and DENVER – Medtronic plc and DaVita Inc. have announced plans to form a new, independent kidney care-focused medical device company – for the time being called NewCo – to enhance the patient treatment experience and improve overall outcomes. By bringing together Medtronic’s capabilities as a healthcare technology leader and DaVita’s deep expertise as a comprehensive kidney care provider, NewCo will be uniquely positioned to advance the development of differentiated therapies for patients with kidney failure. Read More

GUELPH, Ont. – Linamar Corp. has announced the formation of Linamar MedTech, a new medical manufacturing group which will focus on leveraging its expert capabilities in precision manufacturing to pursue opportunities in the Medical Device and Precision Medical Component markets. Linamar MedTech will further fuel growth and diversification in line with the company’s 2100 strategy. It demonstrates Linamar’s commitment and belief in future opportunities within the medical devices industry. Read More

OTTAWA – Fullscript, a pioneer in the distribution and analysis of nutritional supplements said it had acquired a major competitor, Emerson Ecologics of New Hampshire. “This is a transformative deal for us,” said Fullscript CEO and co-founder Kyle Braatz (pictured). “We both have the same mission, which is to make sure healthcare is a long-term journey, not a series of short-term fixes.” Read More

BRAMPTON, Ont. – Loblaw Companies Limited announced its wholly owned subsidiary, Shoppers Drug Mart has agreed to acquire Lifemark Health Group. Lifemark is a leading provider of outpatient physiotherapy, massage therapy, occupational therapy, chiropractic, mental health, and other ancillary rehab services through its more than 300 clinics across Canada. Read More

CHICAGO – Allscripts Healthcare Solutions announced that it has reached an agreement with Toronto-based Constellation Software Inc., through its wholly-owned subsidiary N. Harris Computer Corp., to sell Harris the net assets of Allscripts Hospitals and Large Physician Practices business segment. Read More

TORONTO – FlexITy is excited to announce its second acquisition in the last six months illustrating its commitment to executing on its Mergers & Acquisition growth strategy. FlexITy acquired the healthcare division of Genesis Integration Inc., a Canadian provider of nursecall systems, based in Edmonton, Alberta. This purchase is one in a series of acquisitions aligned with FlexITy’s growth strategy and reinforces the organization’s commitment to the modernization of the Canadian Healthcare industry. Read More

VANCOUVER and MONTREAL – Imagia Cybernetics, an AI-healthcare company that accelerates oncology solutions generated from real world data, has announced a merger with Canexia Health, an oncology innovator that streamlines complex cancer genomic information allowing oncologists to identify optimal treatment selection and patient monitoring. Read More

KITCHENER, Ont. – Cloud DX has announced the launch of its Cloud XR division to support the emerging medical Metaverse. The company is pursuing opportunities to deliver its Virtual Clinician Assistant in an eXtended Reality platform consisting of its VITALITI continuous vital sign monitor and Connected Health software platform to render realistic 3D holographic images. Read More