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news.Global Med Technologies, an international e-Health, medical information technology company, has executed an asset purchase agreement and closed a transaction with eDonor, located in Phoenix, Arizona, for $5 million.
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The transaction consists of $3.5 million in cash and $1.5 million in Global Med common stock. eDonor is a web-based donor relationship management system that integrates recruitment, scheduling, retention and fulfillment for national as well as local community blood centers.
The acquisition is designed to complement Global Med’s strong line of international blood management and laboratory information software and service solutions.
Mick Ruxin, chairman and CEO of Global Med, said: “We feel strongly that eDonor will benefit both existing and new blood bank customers of Global Med’s Wyndgate Technologies division and Global Med’s recent international acquisition of Inlog. With the eDonor acquisition, Global Med will now have 13 software applications specifically geared toward donor centers and hospitals.”