Datavant

Datavant
Company typePrivately held company
IndustryHealth information technology
Founded2017
HeadquartersPhoenix, AZ
Key people
SubsidiariesCiox Health
Websitedatavant.com

Datavant is a health information technology company based in Phoenix Arizona, USA, which develops and maintains a digital ecosystem for the exchange of healthcare data.[1][2] Datavant's clients include clinical research organizations, pharmaceutical companies, payers, analytics companies, hospitals, and providers, operating primarily in the US healthcare market.[3]

Along with the Health Care Cost Institute, Snowflake, Elsevier, Parexel, and others, Datavant operates the COVID-19 Research Database, which "enables public health and policy researchers to use real-world data to understand and combat the COVID-19 pandemic."[4][5]

History

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Datavant was co-founded by Roivant Sciences in 2017 with a focus on data management in support of clinical trials.[6] Datavant's founding CEO was Travis May, a former co-founder of LiveRamp.[6]

The company received a $40.5mm Series A investment in 2018 led by Roivant Sciences,[7] followed by a $40mm Series B investment in 2020.[citation needed] In June 2021, Datavant entered into a seven billion dollar deal to merge with the healthcare information management company Ciox Health.[8][9] Following the merger, May became president and joined the company's board, while Ciox's CEO Pete McCabe become the CEO of the joint entity that continued under the Datavant name.[10] Also in June 2021, Datavant announced a partnership with Biodesix, a data-driven diagnostics company.[11]

References

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  1. ^ "Datavant Company Profile: Funding & Investors | PitchBook". pitchbook.com. Retrieved 2021-07-29.
  2. ^ "Connecting Health Data to Improve Patient Outcomes". Datavant. Retrieved 2021-07-29.
  3. ^ "Datavant".
  4. ^ "See how age and illnesses change the risk of dying from covid-19". The Economist. Retrieved 2021-07-28.
  5. ^ "COVID-19 Research Database". COVID-19 Research Database. Retrieved 2021-07-28.
  6. ^ a b "Roivant Sciences Launches Datavant to Improve Clinical Trials with Artificial Intelligence". Roivant Sciences. Retrieved 2021-06-29.
  7. ^ "Datavant".
  8. ^ "Datavant, Ciox Health ink $7B deal for wide-ranging access to medical research data". FierceBiotech. Retrieved 2021-06-29.
  9. ^ "Goodwin, Ropes, Sidley support Datavant and Ciox's $7 bln union". Reuters. 2021-06-09. Retrieved 2021-06-29.
  10. ^ "Datavant and Ciox Health Announce Merger, Creating the Largest Neutral and Secure Health Data Ecosystem". Datavant. Retrieved 2021-06-29.
  11. ^ "Biodesix, Datavant Join in Lung Cancer Data Partnership". Precision Oncology News. 2021-06-04. Retrieved 2021-06-29.
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Official website