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Clinicalmind Announces Acquisition Of Medval Scientific Information

Oct 21, 2021•about 4 years ago

Acquiring Company

ClinicalMind

Acquired Company

MedVal and PharmaWrite

Professional Services

Description

ClinicalMind adds scientific publications and regulatory writing expertise to its portfolio of services with the acquisition of MedVal Scientific Information Services and PharmaWrite, LLC

Company Information

Company

ClinicalMind

About

CM is a proven and valued provider of scientific communications, technology solutions for healthcare provider engagement, insights and analytics, and training solutions to life sciences clients. CM offers expertise in a range of therapeutic and service areas, woven into an exceptional client experience. For more information, visit http://www.clinicalmind.com and http://www.icaxon.com.

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