Ephicacy Consulting Group Completes Acquisition of Advance Research Associates
May 02 2024 - 3:27PM
Business Wire
Add-on bolsters Ephicacy’s biostatistics and
data management capabilities
Ephicacy Consulting Group, Inc. (“Ephicacy”), a leading
biometrics Contract Research Organization (“CRO”), today announced
that it has acquired Advance Research Associates (“ARA”), a
provider of data management and biostatistical consulting services
for clinical trials. The strategic acquisition enhances Ephicacy’s
capabilities in the areas of biostatistics and data management,
further strengthening the suite of solutions it offers to
pharmaceutical, biotechnology, and medical device companies. Terms
were not disclosed.
Since its founding in 2005, Ephicacy has grown into a leading
biometrics Contract Research Organization (“CRO”) leveraging its
global talent pool to deliver clinical analytics services. Ephicacy
has a flexible service delivery approach offering both Functional
Service Provider (“FSP”) and project-based solutions to its global
client base.
As part of the transaction, ARA Founder and CEO Peter Shabe
joins the Ephicacy team as Global Head of Biostatistics Consulting,
along with a group of talented and experienced statisticians and
data management experts from ARA.
“We are thrilled to welcome Peter and the rest of the talented
ARA team to Ephicacy and to offer our clients the expertise that
ARA has built over nearly three decades,” said Ganesh Gopal, CEO of
Ephicacy. “Now, more than ever, drug developers need reliable
partners who can help them navigate the complexities of data in
clinical trials. This acquisition deepens our biostatistics and
data management solutions and reinforces our ability to drive
impactful outcomes for our clients and the patients they
serve.”
Since its establishment in 1996, ARA has supported over 700
clinical trials by providing custom data management and
biostatistical consulting services across pharmaceutical, biotech,
medical device, and diagnostic companies.
“It is ARA’s mission to consistently provide the highest quality
customized data management and biostatistical consulting services
to our clients. Joining forces with Ephicacy represents a natural
evolution of that mission,” said Peter Shabe, ARA Founder and
Ephicacy’s incoming Global Head of Biostatistics Consulting.
“Ephicacy shares our goals and core values, and I am eager to bring
our collective expertise to the forefront of the health care
industry.”
About Ephicacy Consulting Group, Inc.
Headquartered in Iselin, NJ, with employees and operations
across North America and India, Ephicacy is a rapidly growing
biometrics CRO, providing outsourced statistical programming,
biostatistics, data management, and real-world evidence analytics
services to pharmaceutical and biotechnology companies. Since its
founding in 2005, Ephicacy has established itself as a leading
player in the clinical analytics space, leveraging a global talent
pool to help global pharmaceutical and biotechnology companies
reduce their time to market in a cost-effective manner. More
information on the Company and its services can be viewed online at
www.ephicacy.com.
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