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Clarivate Acquires International QMS, Inc., Expanding Existence Sciences & Healthcare Segment into New Markets, Industry Data

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Acquisition helps severe client workflow and reporting wants with proprietary SaaS platform, automating regulatory describe authoring and compliance for the duration of manufacturing operations, supply chain and quality management

LONDON, April 23, 2024 /PRNewswire/ — Clarivate Plc (NYSE:CLVT) a number one global provider of transformative intelligence, lately announced that it has bought International QMS, Inc., is named International Q, a provider of cloud-basically based alternatives that enable existence sciences purchasers to automate regulatory reporting and compliance management. Financial phrases of the transaction were now not disclosed.

International Q helps leading pharma, medtech and biotech companies by providing comprehensive entry to linked and standardized workflow-involving data via its SaaS platform, Optiqs360 Digital™. The platform involves MediGPT – WorkCenter™ and MediGPT – IntelliWriter™, alternatives that supply purchasers with interconnected data visibility and broken-down user interfaces, for the duration of interior and exterior sources of describe. The instruments give a enhance to the advanced workflows and reporting wants of clinical, regulatory, product lifecycle and quality management consultants, greatly streamlining annual product experiences, scientific instrument experiences and provide chain insights.

Clarivate brings together linked data, deep abilities and intelligence alternatives to empower existence sciences and healthcare companies to ship protected, effective and commercially successful therapies to patients faster. The acquisition of International Q bolsters a sturdy integrated platform of existence science intelligence alternatives from pre-clinical and clinical offerings and further expands Clarivate capabilities in manufacturing and provide chain management to encompass regulatory describe authoring and compliance management. The workflow and reporting capabilities of International Q complement the Clarivate Cortellis Generics Intelligence resolution for Packed with life Pharmaceutical Ingredient (API) monitoring. The addition of these cloud-basically based alternatives will relief to embed Clarivate into severe client workflows and enable the expansion of Clarivate services into unusual markets.

Henry LevyPresident, Existence Sciences & Healthcare, Clarivate, acknowledged: “Clarivate continues to search out, get and mix subsequent-generation workflow automation machine that streamlines and digitizes manual workflows. The acquisition of International Q builds on our approach to ship alternatives that empower our purchasers to advance therapies that give a enhance to patient lives. The combined abilities, data and applied sciences of Clarivate and International Q will benefit to address the customer need for linked data to present a enhance to advanced analyses and evidence-basically based decisions within the existence sciences.”

Mitch HayesFounder & Chief Govt Officer, International QMS, Inc., acknowledged: “The acquisition of International Q by Clarivate reinforces our joint missions to benefit global organizations salvage profound insights and efficiencies in bringing existence-saving therapies to their patients worldwide. The combined trade will extra the imaginative and prescient of striking contextually conscious intelligence straight into our prospects’ workflows and facilitating their day-to-day responsibilities in ideas never ahead of probably.”

Existence sciences consultants in price for unusual product style, manufacturing and regulatory compliance are taking a look to connect the dots for the duration of extra than one data facets to velocity up their treatment and prevention efforts and problem better patient health outcomes. Harmonized and linked data sources can address the industry need for allege authoring automation spanning extra than one programs and workflows. The acquisition of International Q lets in Clarivate to seamlessly tap into the digital thread market, considering proprietary data and insights gleaned from Clarivate alternatives to frictionlessly be integrated into customer workflows.

Following the successful acquisition and integration of companies, alongside side Decision Sources Team (DRG), Bioinfogate, Patient Connect, Dialog (phase of ProQuest) and IP from MotionHall, the acquisition of International Q extra demonstrates the persevering with investment by Clarivate in excessive-value data, analytics and progressive technology paired with deep arena topic and technical abilities internal its Existence Sciences and Healthcare segment.

As a trusted companion in shaping the style forward for healthcare, Clarivate proactively addresses industry demands via intelligence platforms that connect data and spend AI and progressed analytics to revolutionize patient engagement, overcome entry boundaries and fulfill unmet wants. The complementary alternatives of Clarivate and International Q will better space the firm in a market that favors progressive tech-enabled suppliers with live-to-live capabilities and absorbing market-leading data gadgets.

Ahead-Taking a look Statements
This communication incorporates “forward-taking a look statements” as defined within the Non-public Securities Litigation Reform Act of 1995. These statements, which impart management’s most up-to-date views concerning future trade, events, trends, contingencies, financial efficiency, or financial situation, seem at assorted areas in this communication and could maybe well spend words be pleased “diagram,” “sit up for,” “inform,” “imagine,” “proceed,” “could maybe well,” “estimate,” “ask,” “forecast,” “future,” “operate,” “intend,” “seemingly,” “could maybe well,” “could maybe well,” “conception,” “doable,” “predict,” “mission,” “scrutinize,” “sight,” “could maybe well mute,” “approach,” “are attempting,” “target,” “will,” and “would” and identical expressions, and variations or negatives of these words.  Ahead-taking a look statements are neither historical facts nor assurances of future efficiency. Instead, they are basically based only on management’s most up-to-date beliefs, expectations, and assumptions concerning the style forward for our trade, future plans and ideas, projections, anticipated events and trends, the economy, and various future prerequisites. Attributable to forward-taking a look statements dispute to the future, they are subtle to predict and a form of which could maybe well be exterior of our control. Crucial factors that could maybe well put off our trusty results and financial situation to fluctuate materially from these indicated within the forward-taking a look statements encompass these factors talked about below the caption “Chance Components” in our most most up-to-date annual describe on Construct 10-Okay, on the side of our various filings with the U.S. Securities and Alternate Commission (“SEC”). On the opposite hand, these factors could maybe well mute now not be regarded as to be a total statement of all doable dangers and uncertainties. Further dangers and uncertainties now not known to us or that we currently mediate immaterial could maybe well also impair our trade operations. Ahead-taking a look statements are basically based only on info currently on hand to our management and focus on only as of the date of this communication. We attain now not inform any responsibility to publicly provide revisions or updates to any forward-taking a look statements, whether as a results of most up-to-date info, future trends or otherwise, excluding as otherwise required by securities and various relevant authorized guidelines. Please consult our public filings with the SEC or on our web region atwww.clarivate.com.

About Clarivate
Clarivate™ is a number one global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow alternatives and educated services within the areas of Academia & Executive, Mental Property and Existence Sciences & Healthcare. For further info, please focus on over with www.clarivate.com

About International QMS, Inc.
International QMS, Inc., is named International Q, is a provider of a cloud-basically based lustrous workflow platform that affords our prospects an interconnected workspace that lets in them to derive a composite behold of all their product data (“digital threads”), alongside side interior R&D, post market, regulatory, manufacturing, and others, to boot to exterior feeds and trusty-world data.

Media Contact:
Catherine DanielDirector, Exterior Communications
[email protected]

Investor Relations Contact
Mark DonohueHead of Investor Relations 
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