Saama Technologies has signed a definitive agreement to acquire Comprehend Systems. This agreement combines Saama and Comprehend’s respective industry positions as leading clinical data analytics companies. This agreement creates an opportunity to increase their combined market share, as well as expand their existing partner ecosystems and deliver on a mutual commitment to accelerate clinical development towards unmet patient needs.
“Our combined forces create an exciting, enhanced suite of complementary capabilities to empower life sciences companies to further accelerate clinical development and meet the therapeutic needs of patients around the world, challenge the status quo, and achieve clinical insights in days versus months,” said Suresh Katta, Founder and Chairman of Saama. “Combining Saama and Comprehend elevates our ability to do what we do best – innovate cutting-edge, AI-powered clinical development solutions and software that empower biopharma to facilitate more rapid drug development.”
“The Comprehend-Saama transaction creates a data analytics powerhouse with a singular vision of improving human health through the application of AI-powered solutions for actionable clinical trial insights,” said Rick Morrison, Founder and Chairman of Comprehend. “The combined 30-plus years of experience of these two companies as data analytics innovators provides exciting opportunities to speed biopharma’s development of new therapeutics and to have broader industry reach.”
“Saama and Comprehend offer life sciences companies and patient-focused organizations the ability to access and optimize a combined ecosystem of unique, state-of-the-art analytics solutions and visualization tools that enable the re-imagination of clinical development and the realization of precision medicine,” said Rebecca Daniels Kush, Ph.D., founder of the Clinical Data Interchange Standards Consortium (CDISC), and member of Saama’s Clinical Board of Advisors.