VIDEO: Building Value and Well-timed Exits. A Look Back at Recent Successes

Posted by | December 19, 2011

The past 12 months have exciting at Safeguard Scientifics. In December of 2010, partner companies Clarient and Avid Radiopharmaceuticals were both acquired by giants in the life sciences industry. Safeguard experienced the largest cash return in our 58-year history with the acquisition of Clarient by GE Healthcare—a 5x increase in the value from the time we repositioned the business until the time we sold it. In addition, Avid Radiopharmaceuticals was acquired by Eli Lilly for its advancements in the fight against Alzheimer’s disease and other neurodegenerative diseases.

Earlier this year, we had two additional successful exits: Advanced BioHealing was acquired by Shire Pharmaceuticals and Portico Systems was acquired by McKesson.

We are proud to have worked with each of these partner companies to build their business and expand their market opportunities. We wish them nothing but continued success. For more insight on how Safeguard partnered with and supported these partner companies to position them for successful exits, check out the full video from Investor Day 2011 below.

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