Warburg Pincus Sells Healthcare Platform for $220M
July 03, 2013
Warburg Pincus has sold Constitution Medical Investors to Roche (OTCQX: RHHBY) for $220 million upfront, as well as further contingent payments depending on certain milestone achievements. Based in Boston, Constitution Medical was launched in partnership with Warburg Pincus to invest in healthcare-related platform technologies and companies. Warburg Pincus backed the company again in 2009 when Constitution Medical acquired the Bloodhound Integrated Hematology System, which counts, identifies, isolates and categorizes blood cells and platelets.