Private equity firm Warburg Pincus acquired Pharma Intelligence from Informa PLC

The acquisition includes Informa's full portfolio of specialist brands which includes the Citeline suite of products, Trialtrove, Sitetrove, Pharmaprojects and Citeline branded products, as well as Biomedtracker, Clinerion, Datamonitor Healthcare, Pink Sheet, Scrip, Skipta, and TrialScope. The acquisition is expected to complete within the first half of 2022, subject to any relevant regulatory clearances. Its publications and data are well represented in Dow Jones Factiva and LexisNexis

According to the press release, Pharma Intelligence is a leading operator in the global pharma and life sciences analytics markets. The company holds the leading position in the clinical trial intelligence space, providing insights on patient enrollment and demographics, trial progress, individual trial sites and investigators for more than 375,000 clinical trials across 180 countries. The company's solutions are used by 3,000 pharmaceutical companies and CROs in their clinical trial design, commercial strategy, and regulatory compliance processes to maximize the likelihood of success of introducing products to market.

Mubadala Investment Company, an Abu Dhabi based investment company, joined Warburg Pincus in the investment. The investors say they plan to extend the company's leading position in the pharmaceutical data and analytics market, investing in the creation of innovative products for its customers. Informa will retain 15% ownership in the company.

Jay Nadler, former Clarivate CEO and now Senior Adviser to Warburg Pincus said in the press release: ''Pharma Intelligence's services are of vital importance to the pharma, biotech, and healthcare community. It's a fast-growing company with outstanding products and people, and a commitment to best-in-class service with deep expertise in sectors that Warburg Pincus understands extremely well.”

In September 2020, Nadler, along with Michael Slaine and Karl Jaeger launched MLM II, an information services and software platform, in partnership with Warburg Pincus. The three played key roles in Warburg Pincus’ investments in Information Holdings, Interactive Data Corporation, IPAN GMBH, iParadigms (now Turnitin), MLM Information Services, Reorg Research, RS Energy Group, and Wall Street Systems.