Data-Driven Insights
IntegriChain and Accel-KKR Share Vision for Serving Evolving Channel Analytic Needs of Life Sciences Companies
March 1, 2016 | Kevin Leininger
Today we announced an equity partnership with Accel-KKR (AKKR) that is very exciting both for IntegriChain and our customers. Both IntegriChain and AKKR share a singular vision to service underserved constituencies in the life sciences industry.
Life sciences companies are facing a rapidly evolving marketplace driven by changes across the entire healthcare ecosystem from providers to payers and distribution platforms. Navigating this requires life sciences companies to completely rethink the way they advance and support the patient journey. The days of primary care physicians and retail pharmacies serving branded, pill-based prescription products shipped once per week from wholesalers across the US are rapidly coming to a close.
The new model involves various specialty distribution entities and providers and a very different payer regimen that requires very different planning and execution from life sciences companies. The life sciences teams responsible for navigating this new environment are severely underserved from a perspective of data, analytics, and applications to drive the efficiency of how their products reach patients. A new paradigm is required to aggregate, analyze, and operate in this new world.
IntegriChain and AKKR share the vision to address these evolving and underserved needs of the life sciences industry, and our partnership opens up many more opportunities for us to grow our product and services portfolios around managed markets and the patient journey more broadly. I think our customers are going to love this combination.