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Boston Life Labs Acquired by NantWorks, Moved To Phoenix
Boston Life Labs
, a Boston-based developer of systems for remotely monitoring patient biometric data, has moved to Phoenix as part of an acquisition by
NantWorks
, a firm which has been acquiring life sciences companies and other technology firms for biotech entrepreneur Dr. Patrick Soon-Shiong. Financial terms of the buy were not disclosed. Nantwork said that Boston Life Labs will be renamed as
NantCare
, and will set the center of its operations as Phoenix. NantCare said it is building a "Patient Intelligent Monitoring Center" in Phoenix. Dr. Soon-Shiong is a Los Angeles-based entrepreneur who made his billions via the founding and sale of cancer drug firm Abraxis BioScience.
posted on Tuesday, February 28, 2012
Related companies:
BOSTON BIOMEDICAL INC
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