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Water Street Healthcare Partners Acquires Pharmaceutical Development Business From AAIPharma Inc
AAIPharma, 07/17/09
Water Street Healthcare Partners, a leading private equity firm focused exclusively on the health care industry, announced that it has acquired the Pharmaceutical Development division from AAIPharma Inc. Water Street has committed up to $75 million in equity financing to expand the business’ capabilities with the goal of building it into the leading provider of pharmaceutical development services. The new company is named AAIPharma Services Corp.
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