Piramal Enterprises' subsidiary acquires Abacus International

The acquisition will help Decision Resources Group to offer market access capabilities for the medical device and diagnostic industry

Piramal Enterprises' subsidiary Decision Resources Group, one of the world’s leading research and advisory firms focusing on healthcare insights and analysis, announced today that it has acquired Abacus International, a firm providing evidence-based global market access solutions for leading healthcare companies. 

According to the company release, this acquisition by Massachusetts-based Decision Resources Group will result in a significant global expansion of the group's market access capabilities.

Abacus will be part of the market access business unit at Decision Resources Group, which currently includes brands like Fingertip Formulary, HealthLeaders-InterStudy, PharmaStrat and Pinsonault.

Abacus offers integrated market access solutions across the entire product lifecycle from payer strategy, through technical disciplines such as modeling and systematic review to value communications and health technology assessment.

 

"Abacus brings to the table a unique combination of technical excellence and robust, evidence-based analysis resulting in solutions that are well-designed to address the needs of our healthcare clients," said Jim Lang, President of the market access business unit at Decision Resources Group.

Lang added that the acquisition would allow them to now offer market access capabilities for the medical device and diagnostic industry.

"We view this acquisition as a major step toward becoming a fully integrated global market access solutions provider. Our team of experienced health economic and market access specialists look forward to incorporating the market and payer research data held by sister companies at Decision Resources Group to improve our payer insight and value communications deliverables," said Simon Howard, CEO of Abacus International.

According to the release, the acquisition is part of Decision Resources Group's overall strategy to acquire and build brands that can leverage each other's thought leadership to create meaningful products and services for the healthcare industry.