Parexel Purchases Roam Analytics' NLP Technology Assets

September 22, 2020

Parexel has completed the purchase of the natural language processing (NLP) technology assets and transfer of key personnel from Roam Analytics. The acquisition is intended to strengthen Parexel's AI/ML capabilities and immediately enhance its pharmacovigilance and real-world data offerings by applying Roam's NLP to unstructured healthcare data.

Buyers
Parexel
Targets
Roam Analytics
Sellers
Roam Analytics
Location
California, United States
Transaction Type
Divestiture

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