UCB to Acquire Candid for up to $2.2B, Expanding Presence in TCE Antibodies for Immunology - Genetic Engineering and Biotechnology News
UCB→Candid Therapeutics
May 6, 2026

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Arete Health has acquired Virginia Rehabilitation & Wellness and Summerville Physical Therapy & Balance for Adults, a physical therapy business in Florida. Arete Health acquisitions expand an outpatient physical therapy footprint in Florida, supporting clinician-led care for patients across rehabilitation and balance services. The Virginia Rehabilitation & Wellness and Summerville Physical Therapy & Balance for Adults acquisition strengthens Arete Health’s therapy offerings, including adult-focused physical therapy programs. The add-on acquisition is backed by MBF Healthcare and represents healthcare M&A activity in FL acquisitions, with Arete Health pursuing a private equity acquisition strategy to consolidate outpatient clinics.
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