Scriptswitch, a provider of software for GPs, has been sold to US healthcare group UnitedHealth as backer ISIS exits the company.
Scriptswitch, a provider of software for doctors, has been sold to US healthcare group UnitedHealth as backer ISIS Equity Partners exits the company.
The transaction value is undisclosed, but ISIS’s Baronsmead VCTs which invested in ScriptSwitch in May 2007 have exited in full.
The company, whose software supports general practitioners with patient safety information and drug switch recommendations when prescribing medication, won a Queen’s Award for Enterprise earlier this year.
Mike Washburn, who was appointed CEO of Scriptswitch in 2002 to lead its spin-out from Warwick University, is staying with the business as it becomes part of UnitedHealth UK, the British arm of UnitedHealth Group.