"Arsenal shares our vision for applying analytics and scientific informatics to facilitate the distribution of pharmaceutical knowledge. After careful assessment, we were impressed with Arsenal's deep understanding of our mission and our value. We are confident that this is the right match for Certara and one that will benefit both our customers and staff," said Jim Hopkins, Certara CEO.
Dr. Donald A. Deieso, Operating Partner and Co-Head of Arsenal's Healthcare Group, commented, "The addition of Certara to our portfolio of companies reinforces our focus on providing the biopharmaceutical industry with solutions which are transformational to their current practices. Technology-driven informatics models will not only result in more cost-effective drug development, but will also serve as the foundation for delivering personalized medicine and clinical care. We plan to build upon Certara's existing drug development software and consulting services to make the company an even stronger, more versatile partner for its pharmaceutical and biotechnology customers and ultimately execute on Arsenal's vision of personalized medicine."
Arsenal's Certara acquisition follows its 2012 purchase and consolidation into the WIRB-Copernicus Group (WCG) of the Western Institutional Review Board (WIRB), the Copernicus Group IRB, and IRBNet. The acquisition of Certara expands the range of services that its portfolio companies can offer to pharmaceutical and biotechnology firms, and contract research organizations. WCG provides independent IRB services and
|SOURCE Arsenal Capital Partners|
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