ERT, a Philadelphia, Pennsylvania-based maker of software for use in clinical drug development, bought Exco InTouch, a British software provider for digital health and clinical research, from Scottish Equity Partners, a British venture capital firm. No financial terms were revealed.
The deal will broaden and deepen ERT's software offerings.
Exco InTouch, founded in 2004, has three offices in the US, Canada and England and has worked with over 1 million patients across 97 countries in over 32,000 hospitals and clinics. The firm has raised USD 9.68m from two investors, according to Crunchbase.
SEP first invested in Exco InTouch in 2011 and is the company’s largest shareholder.
ERT delivers a combination of technology, services and clinical consulting for drug development. ERT has nine offices in the US, Japan, England and Switzerland and at least 1,000 employees