Recent News

CSafe Global Adds New Hub Locations in Luxembourg and Italy

CSafe has engaged local partnerships to establish its first hub operation in Luxembourg and a third in Italy to support local customers. CSafe Global, the innovation leader in temperature-controlled container solutions for the transport of life-enhancing pharmaceuticals, is once again…

Minnetronix Medical Announces Recapitalization with Altaris Capital Partners

Saint Paul, MN—Minnetronix Medical, Inc. a leading medical technology and operations partner to global medical device companies, announced today a majority recapitalization with Altaris Capital Partners, LLC. Altaris, an investment firm focused on the healthcare industry, actively manages $4.9 billion…

Kindeva Appoints Shawn Cavanagh to Board of Directors

Kindeva Drug Delivery (Kindeva) announced that Shawn Cavanagh has joined Kindeva’s Board of Directors. The appointment of Mr. Cavanagh is effective as of January 1, 2021. Mr. Cavanagh, with over 30 years of experience in the pharmaceutical services industry, will…

HealthTronics Names Bill Linder New CEO

HealthTronics has named Bill Linder its new Chief Executive Officer. Linder was formerly President of Development for Surgical Care Affiliates (SCA), a leader in outpatient surgical care with more than 230 ambulatory surgery centers across the U.S. At SCA, he…

Altaris Announces CSafe Global Recapitalization

New York, NY—Altaris Capital Partners, LLC (“Altaris”) is pleased to announce the recapitalization of CSafe Global (“CSafe”, or the “Company”) with an investor group, including funds managed by Frazier Healthcare Partners. As part of the transaction, Altaris will continue to…

Tivity Health Completes Divestiture of Nutrition Business

Company Focused on Core Healthcare Business, Strategic Growth Opportunities. Nashville, TN/PRNewswire—Tivity Health (Nasdaq: TVTY) announced today that it has completed the divestiture of its Nutrition Business, which includes Nutrisystem® and South Beach Diet®, to Kainos Capital, a leading food and…

Kindeva and BOL Pharma Sign Agreement for Development of Inhaled Cannabinoid Products

St. Paul, MN–Kindeva Drug Delivery (Kindeva) and Breath of Life International (BOL Pharma or BOL) have signed an agreement to study the feasibility of multiple inhaled cannabinoid products. Under the agreement, Kindeva will develop novel formulations of BOL Pharma’s cannabinoidbased…

Paramit Corporation Acquires Emphysys, Inc.

New York, NY—Paramit Corporation, a portfolio company of Altaris Capital Partners, LLC (collectively with its affiliates, “Altaris”), has acquired Emphysys, Inc., a leading technology development firm specializing in complex systems and products for the medical device, life sciences, and industrial…

SilverSneakers Supports Senior Fitness by Opening its On-Demand Library

Nashville, TN/PRNewswire—Tivity Health® Inc. (Nasdaq: TVTY), a leading provider of health improvement solutions, is now offering free, unlimited access to the entire SilverSneakers® On-Demand™ library through December 31, courtesy of eHealth, Inc., a leading online Medicare insurance marketplace. SilverSneakers provides…

Paramit Corporation Expands Operations to Three Continents with Acquisition of S.I.E SOLUTIONS

Morgan Hill, CA—Paramit Corporation announced today that as part of its planned strategic expansion into Europe, it has agreed to acquire Austrian-based S.I.E. SOLUTIONS.  Paramit, headquartered in Silicon Valley with operations in California and Malaysia, designs and manufactures electronics based…

CSafe Global Expands Further into Latin America with New Hub Operation in Mexico City

CSafe Global has contracted with AAACESA in Mexico City to provide containers locally.  Dayton, OH—CSafe Global, the innovation leader in temperature-controlled container solutions for the transport of life-enhancing pharmaceuticals, continues expanding their global reach and local presence opening of a…

Minnetronix Medical Awarded National Institutes of Health Grant for Proprietary Neurapheresis Product that Removes Blood from Spinal Fluid

Saint Paul, MN—Minnetronix Medical, which partners with companies throughout the world to design, develop and manufacture medical device technology, today announced that it has been awarded a National Institutes of Health (NIH) granti for continued study of its proprietary Neurapheresis™…