Excelra, a global Data and Analytics provider for Life Science organizations, has announced a strategic majority investment in Anlitiks, a young and rapidly growing technology company in the value and evidence domain.
The investment reinforces Excelra’s push into the Health Economics and Outcomes Research (HEOR) and Real-World Evidence (RWE) analytics area. This deal is a testimony to Excelra’s commitment to drug discovery and commercialization by combining deep scientific domain expertize with cutting-edge technology and analytics solutions, the statement said.
Anlitiks, headquartered in Boston, is a HEOR and RWE company, founded by Kannan Rajagopalan, a technology entrepreneur. According to Kannan, Anlitiks’ mission is to help Life Sciences organizations translate real-world data rapidly into value evidence, using a unique data + platform + service approach. The engine driving the business is Anlitiks’ RapidAnalyzer, a flexible, data-agnostic platform that captures the entire lifecycle of HEOR/RWE from hypothesis, data integration, analysis, visualization to a research report. RapidAnalyzer changes the competitive landscape by drastically reducing the time taken to gain valuable insights on large-scale data from months to just a matter of weeks.
As President and Chief Scientific Officer at Anlitiks, Dr. Krithika (Kitty) Rajagopalan, an industry veteran and well-published HEOR, RWE, Pricing, and Market Access executive, helps provide leadership and direction in defining reimbursable strategies for biopharmaceutical organizations.
Anandbir Brar, Chief Executive Officer at Excelra, mentioned, “Anlitiks has a unique platform + consulting business model, combining highly skilled and experienced HEOR experts, and an integrated platform – RapidAnalyzer™ that helps execute large volumes of analytical workflows. Our combined strength empowers Life Science organizations with accelerated yet informed decision-making.”
Kannan Rajagopalan stated, “Our vision is to be a technology-enabled disruptive force in generating rapid actionable insights for the Life Science industry using real-world data. Excelra’s focus areas dovetail perfectly with our growth strategy, making it the beginning of an exciting journey.”
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.