Navigation Links
Enhanced Equity Fund and James White Invest in MedTest DX, Inc.
Date:5/19/2011

NEW YORK, May 19, 2011 /PRNewswire/ -- Enhanced Equity Fund (EEF), a healthcare-focused private equity firm, and executive James White announced their investment in MedTest DX, Inc. (MedTest), a medical diagnostic company based in Cortlandt Manor, NY.  MedTest was created to purchase the chemistry diagnostics business from Polymedco, Inc.  The transaction was led by Mark Tricolli, a Partner of EEF.  Terms were not disclosed.

"EEF is committed to building a leading platform in the medical diagnostics industry and our investment in MedTest represents an attractive initial asset from which to grow both organically and through acquisitions," said Mr. Tricolli.  He added, "We are excited to partner with James White, who has a proven track record in this industry, and provide capital for future growth initiatives."

James White, Chief Executive Officer of MedTest said, "EEF's investment in our chemistry assets represents a tremendous opportunity for MedTest to build on the company's strong reputation with its customers and suppliers in the marketplace.  Both EEF and MedTest share the same philosophy of delivering superior products and service and we are truly excited to join forces to capitalize on numerous growth opportunities."

About MedTest DX

MedTest was founded in 2011 and is based in Cortlandt Manor, NY.  The company sells a range of chemistry instruments, reagents, and instrument service to physician offices, hospitals, reference laboratories, and research facilities, both direct and through distribution channels in the U.S.  MedTest DX products include SPOTCHEM EZ, a compact benchtop dry chemistry analyzer that can run single and panel diagnostic tests with results available in 8-15 minutes.  In addition, the Poly-Chem 90 and 180 chemistry analyzers offer countertop instruments to run chemistry tests, including an integrated electrolyte module, data management and over 70 FDA cleared reagents.  Additional information about MedTest is available on the Company's website www.medtestdx.com.

About Enhanced Equity Fund

Based in New York, NY and founded in 2005 by Andrew M. Paul, EEF is a private equity fund with over $600 million of assets under management focused on providing capital to lower-middle market growth companies in the healthcare services industry. The firm's investment philosophy and strategy is to invest in smaller high growth companies and partner with successful entrepreneurs and management teams to build value through internal growth and acquisitions.  EEF is currently investing its newly-raised, over-subscribed, second fund.

For further information please contact:
Enhanced Equity Fund--Mark Tricolli (212) 207-3386
MedTest DX, Inc.--James White (914) 930.3111


'/>"/>
SOURCE MedTest DX, Inc.; Enhanced Equity Fund
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Improved Cornea Surgery Technique Provides Enhanced Transplant Success
2. CorMatrix(R) Announces Intramyocardial Injection of Emulsified ECM Technology(TM) Demonstrates Enhanced Angiogenesis and Improved Cardiac Function in a Preclinical Model
3. Biomoda to Present Paper on Enhanced Technology for Early Detection of Lung Cancer at Annual SWARM Meeting
4. Fuisz Tobacco Announces Clinical Study Results for Fuisz Tobacco Sheet Strip; Super Enhanced Bioavailability of Nicotine From Its Tobacco Sheet Strip Supports Efficacy of Low Dose Tobacco Product
5. Interleukin Genetics Launches Enhanced Heart Health Genetic Test Report Format
6. Perceptive Informatics Improves Clinical Trial Management With Enhanced TrialWorks(R) Solution
7. Data Reported at ICAAC Indicates Selzentry(TM) Phase III Treatment-Naive Trial Shows Increased Efficacy When Used With Enhanced Trofile(TM) Assay
8. Medarex Announces Enhanced Activity Data with Second Generation Anti-CD30 Antibody for Malignant Lymphoma
9. Enhanced Food Safety and Systems Interoperability the Themes of Food Traceability Interoperability Summit 2010
10. Riverain Medical Partners With The Christie Group In Canada To Offer SoftView Enhanced Chest Imaging and OnGuard Chest X-Ray CAD Technologies
11. Rauland-Borg and Visonic Technologies Collaboration Brings Enhanced RTLS Functionality to the Responder 5(R) Nurse Call System
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/4/2017)... Mass. , Oct. 4, 2017  According to the Centers for ... the end of October . PhysicianOne Urgent Care is helping communities across ... Westchester, NY , by offering no-cost* flu shots through the ... as mandated by certain health insurance regulations. ... The best time to get a flu shot is by the ...
(Date:10/2/2017)... Lilly and Company (NYSE: LLY ) will ... 2017 on Tuesday, October 24, 2017. Lilly will also ... investment community and media to further detail the company,s ... at 9 a.m. Eastern time. Investors, media and the ... conference call through a link that will be posted ...
(Date:10/2/2017)... 2017 The Rebound mobile app is poised to ... the tide of prescription drug addiction. The app empowers users ... and stepping down their dosage in a safe, controlled manner ... 2017; the first 100,000 people to sign up will enjoy ... ...
Breaking Medicine Technology:
(Date:10/13/2017)... ... October 13, 2017 , ... Ellevate Network, the leading network for professional women, ... towards gender equality at their inaugural Summit in New York City in June. The ... social audience of over 3 million. To watch the Mobilize Women video, click ...
(Date:10/13/2017)... (PRWEB) , ... October 13, 2017 , ... ... DevOps and Agile Software Development, has been awarded a contract by the Center ... Purchase Agreement (BPA) aims to accelerate the enterprise use of Agile methodologies in ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... treating sleep apnea using cutting-edge Oventus O2Vent technology. As many as ... disorder characterized by frequent cessation in breathing. Oral appliances can offer significant relief ...
(Date:10/12/2017)... (PRWEB) , ... October 12, 2017 , ... The American ... Excellence to Carol Friedman, PhD, FACMI, during the Opening Session of AMIA’s Annual Symposium ... 8. , In honor of Morris F. Collen, a pioneer in the field of ...
(Date:10/12/2017)... ... October 12, 2017 , ... HMP , a leader in healthcare events ... Magazine Eddie Digital Award for ‘Best B-to-B Healthcare Website.’ Winners were announced during the ... The annual award competition recognizes editorial and design excellence across a range of sectors. ...
Breaking Medicine News(10 mins):