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Clario to acquire WCG's eCOA Business

Mar 10, 20259 months ago

Acquiring Company

Clario

Acquired Company

WCG's eCOA Business

PhiladelphiaNew JerseyresearchBiotechnologyHealth Care

Description

Clario has entered into a definitive agreement to acquire WCG's eCOA Business. This acquisition aims to enhance Clario's service offerings in the clinical trial landscape. With this acquisition, Clario seeks to integrate advanced eCOA solutions into their portfolio. The move is expected to improve the patient data collection process significantly.

Company Information

Company

Clario

Location

1818 Market St

Philadelphia, Pennsylvania, United States

About

Whether you’re running a cardiac safety, eCOA/ePRO, respiratory or imaging trial, Clario’s Science and Operational teams can advise on how to advance your trial forward. Learn more: https://clario.com/accelerating-clinical-trial-study-setup-time/ Clario is a leading healthcare research and technology company that generates the richest clinical evidence in the industry for our pharmaceutical, biotech and medical device partners. Across decentralized, hybrid and site-based trials, our deep scientific expertise, global scale and the broadest endpoint technology platform in the industry allows our partners to transform lives. Clario has the only technology platform that combines eCOA, cardiac safety, medical imaging, precision motion, and respiratory endpoints. With 30 facilities in nine countries, Clario's global team of science, technology and operational experts has helped deliver over 19,000 trials and 870 regulatory approvals for over five million patients in 120 countries. Our innovation has been transforming clinical trials for 50 years. Visit https://clario.com/ for more information.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed