Amsterdam, The Netherlands, 31 October 2012 – MedSciences Capital is pleased to announce that its portfolio company, Net Medical B.V., has been acquired by Medizorg B.V. for an undisclosed cash amount. Net Medical develops and commercialises e-health solutions for out-patient clinics, clinical research organisations and hospitals. Their systems allow better monitoring of patient care, translating into better quality of care as well as significant cost savings.
Medizorg is the leading Dutch home care provider in the combined fields of complex medication, UVB therapy, clinical nutrition, diabetes and wound care. With the acquisition of Net Medical, Medizorg makes a major move as an e-health innovator. The two companies previously had a successful collaboration on home monitoring of patients undergoing UVB therapy.
MedSciences Capital invested in Net Medical in 2011 through its MedSciences Seed Fund.