Buy Combines Life Science Firms Herspiegel and Adivo

In the life sciences sector, US-based consultancy Herspiegel has acquired market data and analytics provider Adivo Associates.

Herspiegel says the buy positions it to offer life science organizations 'a lens for specialty market development and monitoring, facilitating accelerated launch and improved performance for in-line brands'.

Herspiegel has worked on more than 125 pharmaceutical launches, helping clients with strategy development and implementation, and operational excellence via a team including MDs, PhDs, MBAs and pharmacists with both scientific / medical and commercial experience. Adivo focuses on speciality product markets, providing insights to help differentiate products at launch strategy and optimise in-line brand performance. The firm supports clients in marketing communications and monitoring, channel analytics and strategy.

Adivo will join Herspiegel's Market Access and Medical Affairs practices to create a team of more than 150 employees, and gives Herspiegel a footprint covering the whole US, Canada, Europe and Latin America.

CEO Brent Herspiegel comments: 'I'm very excited to expand the services we offer clients globally. This continues to advance our integrated commercialization services and further demonstrates the value we bring to clients at commercial readiness and beyond with integrated data insights and strategy development to inform and solve complex business issues. The teams are already working cohesively together to deliver on client needs'.

Adivo founder and MD Dr. Maik Klasen adds: 'We are thrilled to be joining the high quality Herspiegel team as a foundational element of the insights and analytics offering. Adivo's growth to date demonstrates the value of our unique data and analytics offering to clients globally. Our global footprint and specialty market data focus combines to enhance the team's ability to deliver differentiating strategy and implementation across medical affairs, market access, patient service, marketing, and launch'.

Home page: www.herspiegel.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.