UX Data Sciences acquired by ChroMedX

24 May 2018
Client work

On May 24, 2018, ChroMedX Corp. (CSE: CHX) (OTC: CHXIF) (Frankfurt: EIY2) announced the closing of its previously announced acquisition of UX Data Sciences Corp. ("UXD"). ChroMedX issued common shares valued at $5.5 million to the shareholders of UXD. With this transaction, UXD became a wholly-owned subsidiary of ChroMedX. 

ChroMedX Corp. is a medical technology company focused on the development of novel, handheld medical devices for diagnostic testing. UXD is an Ottawa, Ontario-based medical technology and data science company developing products and systems solutions for improving, tracking and monitoring patient compliance and medication adherence.

Gowling WLG advised UXD in this transaction with a team that included Garrett Hamel and Lorraine Mastersmith (corporate and securities).

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Related   Mergers & Acquisitions, Corporate Commercial

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