Mednet has been acquired by CRScube, merging their eClinical solutions to enhance clinical research capabilities across North America and Asia.

Transaction Overview

First Analysis served as the exclusive financial advisor for Mednet, a prominent provider of eClinical data management software, during its acquisition by CRScube. This transaction merges two established eClinical technology firms, leveraging their complementary capabilities to meet the increasing demand for integrated clinical research solutions across North America and Asia.

Target Company Information

Mednet has been a significant player in the healthcare technology sector for over 24 years, specializing in eClinical solutions tailored for the global life sciences community. Its electronic data capture (EDC) platform enhances study efficiency, regardless of the scale, while integrated tools facilitate the design, execution, and management of clinical research initiatives. The platform is utilized by more than 84,000 clinical site users and has supported over 560,000 clinical trial participants, showcasing its extensive influence and efficacy in the field.

Industry Overview

The eClinical technology sector is rapidly evolving, driven by the constant demand for innovative solutions that enhance clinical trials' efficiency and effectiveness. This evolution is particularly significant in the North American and Asian