Cytel Acquires Berlin-Based co.faktor to Expand Medical Communication Capabilities.

MANews-(C)2009-2023

US-based life sciences-focussed health data analytics provider Cytel Inc. has acquired the Berlin-based healthcare consultancy services company co.faktor GmbH to expand market access and medical communication capabilities, the company said.

Terms of the transaction were not disclosed.

As a result, Cytel's services for biopharma commercialisation will gain new and complementary specialist consultancy capabilities and localised expertise for successful market access in Germany, a first wave launch country.

The acquisition marks another milestone in Cytel's strategic growth in Europe, and follows the recent acquisition of stÃve consultants, specialists in market access, real-world evidence, and health economics and outcomes research in France.

Cytel is...

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