Datavant acquires Aetion to develop RWE platform

Information sharing expertise firm Datavant introduced it’ll 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 corporations to reply to analysis questions concerning the medical impression of therapies in improvement and in-market.

Davavant’s platform permits healthcare data to maneuver between organizations, together with greater than 70,000 hospitals and clinics.

Aetion supplies RWE choices to biopharmaceutical corporations, medical system producers, payers and regulators.

The businesses will leverage their capabilities to create an end-to-end providing on knowledge 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 knowledge discovery and analysis to speed up time to perception.”

Through Datavant Join, knowledge may be mixed with corresponding knowledge sources. 

In keeping with the 2 corporations, Aetion will enhance the Datavant Join platform’s knowledge discovery options, strengthen privateness assessments, and provides clients datasets and analytics.

As well as, the Aetion Proof Platform will likely be out there in AWS’ Market.

“Actual-world proof has reached an inflection level the place we now have 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, informed MobiHealthNews.

“By combining Datavant’s and Aetion’s complementary capabilities, we will likely be well-positioned to ship new instruments to find out knowledge feasibility, querying, evaluation and in the end allow equitable entry to knowledge. One of many issues I am most enthusiastic about is with the ability to give our clients a brand new means to have a look at knowledge and use it to resolve actually advanced issues earlier than, throughout and after commercialization.”

THE LARGER TREND

Datavant expanded its collaboration with pharmaceutical firm Boehringer Ingelheim this month, to assist Boehringer’s RWE initiatives. 

The prolonged collaboration goals to leverage Datavant’s tokenization and knowledge 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 mixing of real-world knowledge into drug improvement.

In 2023, Socially Decided partnered with Datavant to offer life sciences corporations with knowledge on social danger drivers to enhance well being fairness and affected person outcomes. 

In 2021, MindMed turned to Datavant to assist hyperlink its medical trial knowledge with exterior proof from different medical trials and real-world knowledge sources.

A yr earlier than, Datavant closed $40 million in Collection 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 targeted on enhancing affected person outcomes and decreasing prices by eradicating impediments to the safe well being knowledge alternate. 

In 2023, Aetion collaborated with the FDA’s Oncology Middle of Excellence (OCE). 

The OCE used Aetion’s Proof Platform to seek out and analyze real-world knowledge 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 Reproduction Analytics, which gave Aetion new capabilities in artificial RWE. The announcement got here lower than a yr after Aetion secured a $110 million Collection C funding spherical led by Warburg Pincus.