Information sharing know-how firm Datavant introduced it would purchase Aetion, an organization centered on real-world proof (RWE) in healthcare.
Aetion will be a part of Datavant to supply an end-to-end real-world proof platform, permitting healthcare and life sciences firms to reply to analysis questions in regards to the scientific affect of therapies in improvement and in-market.
Davavant’s platform allows healthcare information to maneuver between organizations, together with greater than 70,000 hospitals and clinics.
Aetion gives RWE choices to biopharmaceutical firms, medical gadget 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 could be mixed with corresponding information sources.
Based on 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 will likely be accessible in AWS’ Market.
“Actual-world proof has reached an inflection level the place now we have to begin to make extra sense out of the information,” Arnaub Chatterjee, president and common supervisor of life sciences, ecosystem and public sector at Datavant, informed MobiHealthNews.
“By combining Datavant’s and Aetion’s complementary capabilities, we will likely be well-positioned to ship new instruments to find out information feasibility, querying, evaluation and finally 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 manner 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 scientific improvement and provoke methods throughout 75 further scientific trials and a number of new molecular entities.
By making use of Datavant’s know-how throughout a broad portfolio of trials and launches, Boehringer Ingelheim goals to extend the mixing of real-world information into drug improvement.
In 2023, Socially Decided partnered with Datavant to offer life sciences firms with information on social threat drivers to enhance well being fairness and affected person outcomes.
In 2021, MindMed turned to Datavant to assist hyperlink its scientific trial information with exterior proof from different scientific trials and real-world information sources.
A yr earlier than, Datavant closed $40 million in Sequence B funding. Transformation Capital led the rounds, with participation from Johnson & Johnson Innovation, JJDC, Cigna Ventures, and prior traders Roivant Sciences and Flex Capital.
That very same yr, Datavant acquired Ciox Well being in a deal valued at $7.0 billion. The mixed firm centered on bettering 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 Heart of Excellence (OCE).
The OCE used Aetion’s Proof Platform to search out and analyze real-world information sources that may very well be used for most cancers prevention, scientific care, diagnostics and remedy 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 Duplicate Analytics, which gave Aetion new capabilities in artificial RWE. The announcement got here lower than a yr after Aetion secured a $110 million Sequence C funding spherical led by Warburg Pincus.
