Accenture to Acquire LabAnswer

Accenture will acquire LabAnswer, a U.S.-based research and laboratory informatics technology consulting firm. Terms of the acquisition were not disclosed.

Following the acquisition, Accenture will establish Accenture Scientific Informatics Services, which will combine the capabilities and resources acquired through LabAnswer with Accenture’s existing R&D informatics capabilities.

Accenture to Acquire LabAnswer

“New technologies are transforming the life sciences industry by offering entirely new ways to understand human biology and identify new treatments to improve patient outcomes,” Kevin Julian, who leads Accenture’s Life Sciences practice in North America said. “This acquisition is part of our strategy to be a leading provider of scientific and laboratory consulting and technology services to a variety of innovation-based industries. By connecting these services to our existing capabilities, we will be able to help our clients improve their end-to-end R&D efficiency and decision-making.”

A privately held company with approximately 250 employees, LabAnswer is based in Sugar Land, Texas. It serves clients in several industries in addition to life sciences, including consumer goods, resources, chemicals, energy and government. LabAnswer’s services support scientific and laboratory functions in the research, quality and manufacturing functions of many of its clients.

“By becoming part of Accenture Scientific Informatics Services, we are excited to be able to offer an enhanced range of market-leading services that transform our clients’ operations by streamlining processes from early-stage research through development to manufacturing and quality control,” Mark Everding, CEO of LabAnswer said. “Becoming part of Accenture will also give us the opportunity to expand our US-focused business to a global client base.”

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