Nordic Capital In Talks to Buy Health Tech Firm Inovalon - (Bloomberg via NewsPoints Desk)

  • According to people familiar with the matter, private equity firm Nordic Capital is in advanced talks on a potential acquisition of Inovalon, Bloomberg reported.

  • A final agreement has not been reached and discussions could still fall apart, the people added.

  • Inovalon said that its software, which is used to aggregate and analyse healthcare data from researchers and providers, is used by the world's top 25 pharmaceutical companies.

  • Inovalon went public in 2015 in an initial public offering that raised about $685 million.

Did you like this article?