Science 37 on the rise thanks to a privatization operation – 01/29/2024 at 7:56 p.m.


((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))

January 29 – **Shares of Science 37 SNCE.O, a clinical trial services provider, rise 20.5% to $5.71

**The company will be acquired by the telehealth and diagnostics company eMed

**eMed, through its unit, will purchase SNCE in a transaction valued at approximately $38 million for $5.75 per share in cash, representing a 21.3% premium over at the last closing of SNCE

**Both parties expect the transaction to be completed during the first quarter of 2024

**eMed provides at-home testing kits and has technology that helps streamline the process of enrolling patients into clinical trials, called Test-to-Treat

**SNCE believes eMed’s Test-to-Treat technology will help improve the company’s ability to access and enroll patients in studies more quickly

**The stock has fallen 52% in the last 12 months



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