Information sharing expertise firm Datavant introduced it can purchase Aetion, an organization targeted on real-world proof (RWE) in healthcare.
Aetion will be part of Datavant to supply an end-to-end real-world proof platform, permitting healthcare and life sciences firms to answer analysis questions concerning the medical impression of therapies in improvement and in-market.
Davavant’s platform permits healthcare information to maneuver between organizations, together with greater than 70,000 hospitals and clinics.
Aetion supplies RWE choices to biopharmaceutical firms, medical system producers, payers and regulators.
The businesses will leverage their capabilities to create an end-to-end providing on information discovery, linkage, privateness, curation and superior evaluation, permitting their ecosystem and life sciences companions to create analytics-based insights.
The announcement comes after the launch of Datavant Join, powered by AWS Clear Rooms, which “facilitates cloud-first information discovery and analysis to speed up time to perception.”
By way of Datavant Join, information will be mixed with corresponding information sources.
In accordance with the 2 firms, Aetion will improve the Datavant Join platform’s information discovery options, strengthen privateness assessments, and provides clients datasets and analytics.
As well as, the Aetion Proof Platform shall be obtainable in AWS’ Market.
“Actual-world proof has reached an inflection level the place we have now to begin to make extra sense out of the information,” Arnaub Chatterjee, president and basic supervisor of life sciences, ecosystem and public sector at Datavant, instructed MobiHealthNews.
“By combining Datavant’s and Aetion’s complementary capabilities, we shall be well-positioned to ship new instruments to find out information feasibility, querying, evaluation and in the end allow equitable entry to information. One of many issues I am most enthusiastic about is having the ability to give our clients a brand new means to take a look at information and use it to unravel actually complicated issues earlier than, throughout and after commercialization.”
THE LARGER TREND
Datavant expanded its collaboration with pharmaceutical firm Boehringer Ingelheim this month, to help Boehringer’s RWE initiatives.
The prolonged collaboration goals to leverage Datavant’s tokenization and information connectivity applied sciences to enhance medical improvement and provoke methods throughout 75 further medical trials and a number of new molecular entities.
By making use of Datavant’s expertise throughout a broad portfolio of trials and launches, Boehringer Ingelheim goals to extend the combination of real-world information into drug improvement.
In 2023, Socially Determined partnered with Datavant to offer life sciences companies with information on social danger drivers to enhance well being fairness and affected person outcomes.
In 2021, MindMed turned to Datavant to assist hyperlink its clinical trial data with exterior proof from different medical trials and real-world information sources.
A 12 months earlier than, Datavant closed $40 million in Series B funding. Transformation Capital led the rounds, with participation from Johnson & Johnson Innovation, JJDC, Cigna Ventures, and prior buyers Roivant Sciences and Flex Capital.
That very same 12 months, Datavant acquired Ciox Well being in a deal valued at $7.0 billion. The mixed firm targeted on enhancing affected person outcomes and lowering prices by eradicating impediments to the safe well being information alternate.
In 2023, Aetion collaborated with the FDA’s Oncology Center of Excellence (OCE).
The OCE used Aetion’s Evidence Platform to search out and analyze real-world information sources that might be used for most cancers prevention, medical care, diagnostics and therapy analysis.
The collaboration assessed real-world endpoints, measured healthcare disparities and evaluated causal inference strategies. The analysis was scheduled to proceed till 2027.
In 2022, Aetion acquired Replica Analytics, which gave Aetion new capabilities in artificial RWE. The announcement got here lower than a 12 months after Aetion secured a $110 million Series C funding round led by Warburg Pincus.
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