Report: Florida Hospital In Talks With Sanford Burnham

May 25, 2017

Florida Hospital and Sanford Burham are negotiating to potentially absorb the nonprofit research institute’s facility in Lake Nona, the Orlando Sentinel reported.

If plans are finalized, Florida Hospital would turn the facility into a cancer treatment and research center, executives told some of the institute’s employees in a meeting Friday, according to Sentinel, citing anonymous sources.

The leaders of both organizations said at the meeting that there was no agreement in place and could not provide a timeline for a potential acquisition, the Sentinel reported. Neither organization would confirm the report.