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Consegna Pharma Acquires Fathom Pharma To Strengthen Initiatives That Address The Opioid Crisis

Apr 19, 2022•over 3 years ago

Acquiring Company

Consegna Pharma

Acquired Company

Fathom Pharma

Science And EngineeringBiotechnologyHealth CareScience And EngineeringBiotechnologyHealth Care

Description

Consegna Pharma Inc., a drug delivery company providing solutions to reduce deaths from opioid overdoses, is pleased to announce the acquisition of Fathom Pharma LLC, a company developing long-acting pain medicines.

Company Information

Company

Consegna Pharma

About

Consegna Pharma is a leader in leveraging computational technologies to create long-acting injectable (LAI) drug delivery systems. Consegna is building a franchise of new medicines to help combat the opioid crisis. Consegna's product pipeline focuses on areas where LAIs offer high therapeutic value, such as addressing high non-adherence, solving specific drug delivery challenges, or reducing side effects. The company leverages its artificial intelligence (AI)-based Computational Drug DeliveryTM technology to design LAIs faster than legacy practice and with reduced clinical and technical risk.

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