11th Feb 2015 09:44
LONDON (Alliance News) - Technology and intellectual property services company Tekcapital PLC on Wednesday said it has signed a strategic alliance with Boston-based consultancy Health Connexions for Tekcapital's InventionEvaluator product.
Under the deal, Health Connexions will market the InventionEvaluator, a platform which provides analysis on the commercial potential of new technologies and intellectual properties, within the pharmaceutical, medical device, diagnostic and healthcare sectors.
No financial details were provided for the deal.
"The acquisition of InventionEvaluator has expanded our service offering and client base. To further expand its market penetration into life science and health care companies, we are very excited to have entered into a strategic alliance with Health Connexions," said Tekcapital Chairman Clifford Gross.
"We believe their large network of leading companies focused on improving medical outcomes is an excellent fit with InventionEvaluator's reports, which provide guidance on the marketability of newly developed technologies," Gross added.
Tekcapital shares were up 3.3% to 18.85 pence on Wednesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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