IntegriChain Acquires PharmaMetrics

IntegriChain has announced the acquisition of PharmaMetrics, a provider of contract operations outsourcing and market access analytics software and services. The acquisition strengthens IntegriChain's ability to deliver industry-leading analytics and contract management solutions to pharmaceutical managed markets teams to support their growing investments in patient access. This is IntegriChain's first acquisition since entering its strategic partnership with Accel-KKR, a leading technology-focused private equity firm, in 2016.

"This acquisition supports our vision to bring together disparate commercial data assets into one enrichment and analytics platform with the scale and breadth of capabilities to solve some of the pharmaceutical industry's hardest contracting and patient journey challenges," said IntegriChain co-founder and CEO Kevin Leininger. "With the addition of PharmaMetrics' market access expertise and capabilities to the IntegriChain platform, we can widen our focus to deliver analytics and solutions that allow pharmaceutical companies to balance the cost and efficacy of their pharmacy network, patient services, and co-pay assistance strategies."

"We are excited to join the growing IntegriChain platform to enhance the delivery of contracting and payer analytics to today's leading and emerging managed market teams," said John Still, President and CEO of PharmaMetrics. "Our offerings are highly complementary – combining the worlds of payer and payer rebates with specialty patient-level, pharmacy, and distribution data – and will improve market access and patient experience optimization in the specialty era."

"The pharmaceutical industry continues to evolve in an attempt to better understand and serve its patient base," said Bob Jansen, CEO of Zensights, a leader in insights into critical biopharma vendor/supplier engagement issues and "Best in Class" vendor identification. "As such, many organizations now have their patient access and trade functions reporting up to one senior executive. IntegriChain's acquisition of PharmaMetrics – ranked 'Best in Class' by the pharmaceutical industry for Rebate Processing and Contract Assessment Analytics in the 2016 Zensight ratings – will increase the value proposition that IntegriChain brings to these leaders."