GHO Capital Acquires Genesis Research
December 14, 2021 | AI, EVA, HEOR, Market Access, RWE, acquisition, artificial intelligence, evid ai, evidence, frank corvino, gho, gho capital, real-world evidence, technology
GHO Capital Partners LLP, the European specialist investor in global healthcare, announces the acquisition of Genesis Research, a leading provider of tech-enabled Real-World Evidence (RWE) and Health Economics and Outcomes Research (HEOR) services.
- Genesis Research is a market leader in tech-enabled RWE and HEOR
- Management to pursue global expansion, leveraging GHO’s European expertise
Global Healthcare Opportunities, or GHO Capital Partners LLP, the European specialist investor in global healthcare, announces the acquisition of Genesis Research (‘Genesis’), a leading provider of tech-enabled Real-World Evidence (RWE) and Health Economics and Outcomes Research (HEOR) services.
Founded in 2009 and headquartered in Hoboken, New Jersey, Genesis Research is a pioneer in RWE and HEOR services via tech-enabled data and science-first solutions, servicing market leading innovators across the Life Sciences industry. Genesis Research optimizes drug development and evidences the clinical and commercial value of products via expert analysis, synthesis, communication, and utilization of integrated Real-World Data (RWD). The company has an established footprint in the U.S. and U.K. with more than 120 employees.
With estimated double digit growth year over year, and regulatory demands accelerating the volume and accessibility of RWD, Genesis Research’s purpose-built technology platforms integrate human and artificial intelligence to increase efficiency and improve performance to meet expanding market needs. The company’s data-agnostic approach to accessing and analyzing RWE enables utilization of the best data sources available which includes data drawn from a wide range of sources outside of clinical studies.
Genesis Research’s best-of-breed technology solutions are built into their workflow and targeted to accelerate and optimize delivery of desired scientific outcomes:
- EVID AI is the world’s largest AI curated database of published healthcare literature. This advanced machine learning platform helps healthcare decision makers find high quality, targeted results faster, more efficiently and from an unprecedented breadth of sources.
- Data agnostic visualization platforms, such as fit-for-purpose dashboards, allow users to interact with multiple data and visualize results to accelerate research.
- Evidence for Value and Access technology (EVA) facilitates communication with internal stakeholders throughout a product’s lifecycle and provides a consistent approach to reimbursement and submission to national, regional, and local payers.
With a broad client base of blue-chip pharmaceutical manufacturers and emerging biotechnology companies, Genesis Research is an established leader and one of the largest operators within a highly fragmented sector. GHO will provide further capital and sector expertise as well as leverage its European network to build on Genesis Research’s unique market position and drive expansion into adjacent service offerings to create a scaled global leader in tech-enabled RWE and HEOR services.
Genesis Research has announced that David Miller will be appointed as the new chairman of the board and will formally assume the role in 2022.
The Partners at GHO Capital said: “The investment in Genesis Research follows years of work internally to identify market leading platforms with ambitious management teams in RWE and HEOR. Recognizing the rapid growth and macro tailwinds driving the sector, we are delighted to back a leader in this space. With our investment and specialist expertise, we look forward to supporting the shared ambition for Genesis Research to become a global leader in RWE and HEOR.”
Frank A. Corvino, CEO of Genesis Research said: “We are extremely excited by this partnership and the opportunity to pursue our strategic priorities as well as scale our holistic, cross-functional engagement. GHO is a strong partner with healthcare expertise to accelerate our growth and expand our global footprint, which will in turn strengthen the capabilities across the sector leading to better healthcare outcomes. We’d also like to thank our first equity partner, Rallyday, for supporting our inspired vision.”
Ropes & Gray acted as legal advisor to GHO; CIL as commercial advisor; Alvarez and Marsal as financial advisor; Deloitte LLP as tax advisor and CRS as insurance advisor.
In this transaction, Berg Hill Greenleaf Ruscitti acted as legal advisor to Genesis Research; Piper Sandler Companies as exclusive corporate finance advisor and RSM Global as tax advisor.
About GHO Capital
Global Healthcare Opportunities, or GHO Capital Partners LLP, is a leading specialist healthcare investment advisor based in London. We apply global capabilities and perspectives to unlock high growth healthcare opportunities, targeting Pan-European and transatlantic internationalization to build market leading businesses of strategic global value. Our proven investment track record reflects the unrivalled depth of our industry expertise and network. We partner with strong management teams to generate long-term sustainable value, improving the efficiency of healthcare delivery to enable better, faster, more accessible healthcare. For further information, please visit www.ghocapital.com.
About Genesis Research
Genesis Research is an international Health Economics and Outcomes Research (HEOR) and Real-World Evidence (RWE) research organization that supports the life sciences industry. As a leader in evidence strategy, generation and communication, the company also supports pharmaceutical and biotech clients with tech-enabled, dedicated partnerships delivered via a unique engagement model that enables life sciences companies to quickly and comprehensively address complex needs with unmatched timeliness and quality. For more information, visit https://www.genesisrg.com.
This content was provided by Genesis Research Group
Company Details
Latest Content from Genesis Research Group
Genesis Research Group survey discovers how payers are responding to Maximum Fair Prices (MFPs) under the Inflation Reduction Act
To better understand how MFPs might impact payer utilization management strategies, rebate negotiations, and business approaches, Genesis Research Group employed their RPR stakeholder engagement platform and vetted stakeholder network to...
Genesis Research Group ISPOR Europe presentation ‘Planning with Insights: Even the Best Economic Models Need Validation’ features in scientific publication
We are pleased to share that The Evidence Base have carried out a 'deep dive' into a Genesis Research Group presentation on economic modeling in healthcare and harnessing stakeholder insights...
Genesis Research Group’s ISPOR Europe award-winning poster authors interviewed online
Genesis Research Group's poster 'Payer Perspective on the Impact of Real-world Evidence in Health Technology Assessments of Precision Oncology Treatments Across Europe: Results From an Online Survey' was recently named as...
Innovating Differently: A Conversation with David W. Miller, CEO of Genesis Research Group
A recent interview with Dr. David W. Miller, Chairman and CEO of Genesis Research Group, about his vision for the business, the changing face of research, and their unique value proposition...
Genesis Research Group unveils enhanced US market access data analytics
Genesis Research Group (“Genesis”), a pioneer of tech-enabled real-world evidence (RWE), health economics and outcomes research (HEOR), and market access services, announces the expansion of its real-world data analytics capabilities...
Assessing opportunities for manufacturers to communicate the value of therapies to oncology clinical pathway (OCP) developers
Based on insights from 15 U.S. payers and providers, this white paper explores how manufacturers can effectively engage oncology clinical pathway (OCP) developers.
Genesis Research Group Announces Participation of CEO David W. Miller in New ITN Business Healthcare Program
Genesis Research Group, led by newly appointed CEO, David W. Miller, is spotlighted in June’s launch of ITN Business’ “Advancing Healthcare” program for its ‘innovate differently’ approach to supporting life...
Alice Beer of ITN Business recently interviewed David W. Miller, CEO of Genesis Research Group, on ‘Advancing Healthcare’
ITN Business invited Genesis Research Group to contribute to a news style programme 'Advancing Healthcare' featuring key opinion leaders in the healthcare sector. Our CEO David W. Miller was one...
How does Genesis Research Group ‘Innovate differently’?
New Genesis Research Group CEO David W. Miller explains what we mean when we say we help our life science clients to 'Innovate differently' and transform the way they engage...
Envision Analogue – An Introduction
Powered by primary payer market research, Envision is an online platform that provides forward-looking evaluations and comprehensive strategic direction for market access viability after an oncology product has received positive...