Center City health tech company acquires MontCo firm following major investment

Written by Michelle Caffrey, Philadelphia Business Journal

Center City heath care tech company IntegriChain announced Tuesday it’s acquired a Fort Washington firm, the first deal the pharma-focused company has made since a Silicon Valley private equity firm bought out all its outsider investors last year.

Financial terms of the acquisition of PharmaMetrics were not disclosed.

In a statement, IntergiChain’s co-founder and CEO Kevin Leininger said the deal will allow the company, which helps life sciences companies manage their operations and data via the cloud, to “bring together disparate commercial data assets into one enrichment and analytics platform.”

It employs about 80, a number that will grow to nearly 110 following the acquisition of PharmaMetrics. Annual bookings are expected to exceed $25 million with the deal.

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