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Parexel Acquires Roam Analytics’ NLP Capability

Expands capabilities in Artificial Intelligence and Machine Learning to further streamline and extract insights from unstructured data.

By: Contract Pharma

Contract Pharma Staff

Parexel has completed the purchase of the Natural Language Processing (NLP) technology assets and transfer of key personnel of Roam Analytics, Inc., a healthcare software company based in San Francisco, CA. This strategic acquisition strengthen Parexel’s Artificial Intelligence (AI) and Machine Learning (ML) capabilities to drive new innovations across drug development and life sciences. Financial terms were not disclosed. It also enhances Parexel’s Pharmacovigilance and other Real-World Dat...

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