In a strategic move to fortify its foothold in the European market, Cytel Inc., a prominent provider of quantitative insights and health data analytics, has recently acquired co.faktor GmbH, a Berlin-based company specializing in healthcare consultancy services. This acquisition brings to the forefront Cytel’s commitment to expanding its services for biopharma commercialization, particularly focusing on the intricate landscape of the German healthcare market. With concentrations in market access, medical communications, and patient relations, co.faktor’s specialized offerings align seamlessly with Cytel’s vision for a comprehensive advisory approach.

A European Growth Spree: Milestones in Strategic Acquisitions

Enhancing Capabilities with stève Consultants in France

Cytel’s earlier acquisition of stève consultants has bolstered its expertise in market access, real-world evidence (RWE), and health economics and outcomes research (HEOR) in France. This move strategically positions Cytel as a formidable player in the European biopharma landscape, laying the groundwork for a multidimensional advisory service.

co.faktor GmbH: A Gateway to Germany’s Market Dynamics

The even more recent addition of co.faktor GmbH to Cytel’s portfolio is a significant stride, offering localized expertise for successful market access in Germany, a key player in the European healthcare industry. The acquisition marks a pivotal milestone in Cytel’s European growth strategy, creating a 200-person-strong access consultancy team, unrivaled in its ability to provide end-to-end advisory services.

Cytel’s Arsenal: A Comprehensive Suite of Analytical Solutions

Real World & Advanced Analytics: Redefining Evidence Generation

Cytel’s original and advanced analytics play a crucial role in generating evidence that complements traditional randomized clinical trials. The LiveSLR platform combines machine efficiency with expert knowledge for regulatory and payer submissions, while the use of Real World Evidence and Head-to-Head comparisons showcases the company’s commitment to innovative approaches in evidence generation.

Pioneering Bayesian Statistical Methods with Synthetic Control Arms

In response to the growing use of single-arm trials, particularly in oncology and rare diseases, Cytel stands out as one of the few trial design firms with regulatory acceptance of Synthetic Control Arms (SCA). This accomplishment underscores the company’s proficiency in Bayesian statistical methods, providing an alternative perspective when randomized trials face constraints.

Global Health: Bridging the Divide in Biopharma Advancements

Cytel’s experts in Global Health are pivotal in ensuring that scientific developments in global biopharma benefit low- and middle-income countries. Collaborating with policy-makers and philanthropists, Cytel strives to create a more equitable distribution of healthcare advancements worldwide.

Charting the Course: Cytel’s Vision for Global Drug Sponsors

Cytel is now positioned to offer global drug sponsors advanced analytical support throughout the drug lifecycle, from development to commercialization. Navigating the complex landscape of global healthcare, particularly in the European Union, requires a nuanced understanding of national regulations. With recent acquisitions, Cytel has strategically invested in specialized capabilities, reinforcing its commitment to aiding pharmaceutical manufacturers in entering new markets successfully.

A Symbiotic Union: Insights from Key Figures

Radek Wasiak, General Manager of Real-World & Advanced Analytics at Cytel, expressed optimism about the acquisition of co.faktor, highlighting the synergies between Cytel’s data expertise and co.faktor’s understanding of Germany’s complex market access and Health Technology Assessment (HTA) requirements. Dr. Marc Esser, CEO of co.faktor, echoed this sentiment, emphasizing the combined expertise that will enable clients to navigate the upcoming European Health Technology Assessment (EU-HTA) successfully.

Cytel’s strategic acquisitions signify a quantum leap in its capabilities, solidifying its status as a leader in providing comprehensive analytical solutions for the evolving landscape of biopharma commercialization. The integration of diverse expertise and services positions Cytel at the forefront of addressing the challenges faced by global drug sponsors in achieving favorable market access.

About Cytel, Inc.

Cytel, Inc. stands as a leading provider of statistical software and advanced analytics, contributing significantly to the realm of clinical trial design and execution for over three decades. With a steadfast commitment to scientific rigor and operational excellence, Cytel has played a crucial role in aiding biotech and pharmaceutical companies in navigating uncertainties and unlocking the full potential of their data.

Embedded within the organizational culture are core values that define Cytel’s approach. Scientific rigor is applied to reveal the promises inherent in data, fostering a commitment to precision and excellence. Intellectual curiosity is actively nurtured, encouraging individuals to approach challenges with enthusiasm and a passion for discovery. Collaboration is championed, drawing on diverse perspectives and talents to create a rich tapestry of possibilities. Innovation is highly prized, with a focus on seeking intelligent solutions through leading-edge technology. The company also upholds a practice of accountability, ensuring strong results and quality deliverables to customers and colleagues alike.

Cytel’s overarching purpose is to improve human health by transforming intelligence into confident decisions. The company’s mission revolves around assisting life sciences leaders in unlocking the power of data, enabling them to tackle their most formidable challenges and make evidence-driven decisions with confidence.

Visit Cytel, Inc.’s Official Site for more details.

About co.faktor GmbH

For over a decade, co.faktor GmbH, based in Berlin, has been a leading provider of specialized consulting services in the healthcare sector. The company offers co.value® for market access, co.medical® for medical communications, and co.patient® for patient relations, uniquely combining expertise in these areas to provide efficient launch support with consistent messaging to relevant stakeholders. This commitment to excellence is evident in their drive to serve clients in the pharmaceutical, devices, and life sciences industries.

At the heart of co.faktor’s operational philosophy is a commitment to complete transparency, ensuring that clients have a full understanding of the company’s processes and fostering a strong client-service provider relationship. Operating as an agile, service-oriented organization aligned with client processes, co.faktor’s long-term existence depends on delivering value through its services. The company works collaboratively and adaptively to ensure optimal results for clients.

Adherence to compliance standards is a key aspect of co.faktor’s approach, with a focus on navigating regulations effectively in industry collaborations with healthcare professionals and patients. Ethical rules, transparency codes, and drug acts are all considered, ensuring that co.faktor and its clients remain on the safe side of regulatory compliance.

Diversity is a celebrated aspect of co.faktor’s culture, fostering an environment where differences in gender, ethnic background, religion, and sexual orientation are respected. By promoting diverse teams working collaboratively, co.faktor aims to enhance creativity and innovation, ultimately providing added value to clients.

Embracing sustainability, co.faktor is environmentally conscious, adopting paperless practices and encouraging remote work to minimize its carbon footprint. This commitment reflects co.faktor’s holistic approach to responsible business practices. For more information about co.faktor, interested parties can visit www.cofaktor.de/en.

Engr. Dex Marco Tiu Guibelondo, B.Sc. Pharm, R.Ph., B.Sc. CpE

Editor-in-Chief, PharmaFEATURES

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