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Konovo Partners to Strengthen Decision Support
In the US, healthcare intelligence company Konovo has partnered with life sciences strategy consulting firm Litmys, promising to help clients make 'earlier, smarter and more commercially informed' decisions on R&D investment and clinical development.
Konovo is headquartered In Watertown, MA, and was formed in the spring of last year from the merger of the three healthcare research firms within Apollo Intelligence - InCrowd, SHG and GlocalMind. A portfolio company of Frazier Healthcare Partners, earlier this year it announced the acquisition of niche patient recruitment specialist Rare Patient Voice. Its new partner Litmys focuses on the development of commercial readiness analytics, and offers RAMPx, a proprietary commercial success predictive scoring model, which will now make use of Konovo's network of over 2 million healthcare stakeholders across the US, Europe and Asia.
The firms say this combination will give clients better access to the right stakeholders, to predict new product potential and commercial viability early in clinical development. Harris Kaplan, Managing Partner at Litmys, comments: 'Our collaborative process, Demand Driven Development, fueled by the RAMPx model, helps life sciences companies design and invest in clinical trials with greater confidence, avoid costly late-stage surprises, and support investor interest. Konovo's Intelligent Platform empowers us to execute the underlying data collection quickly and effectively, allowing us more time to focus on generating the 'so what' for our clients.'
Konovo CEO Tal Rosenberg (pictured) adds: 'The life sciences industry has never been under more pressure to validate assets earlier - and with greater precision... Konovo's Intelligent Platform allows Litmys to provide executives, researchers, and investors alike with a clearer, earlier understanding of whether an asset can truly succeed commercially after regulatory approval.'
Litmys is headquartered in Santa Fe, New Mexico, with an additional office in Minneapolis, MN. Web sites are at www.litmys.com and www.konovo.com .

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