Clario to Acquire WCG's eCOA Business
Deal News | Mar 10, 2025 | PR Newswire Cision Clario
Clario, a leading provider of endpoint data solutions for the clinical trial industry, has announced a definitive agreement to acquire WCG's electronic clinical outcomes assessments (eCOA) business. This strategic acquisition will boost Clario's capabilities, particularly in neuroscience, by adding WCG's scientific and operational expertise in neurology, psychiatry, neuropathic pain, and rare diseases. Clario's CEO, Chris Fikry, stated that the acquisition aligns with the company’s mission to transform lives through actionable evidence. From WCG’s perspective, CEO Sam Srivastava explained that the deal will allow the firm to focus on other core capabilities such as accelerating trials, leveraging its AI-enabled data solutions. Both companies will continue operations independently until the acquisition finalizes, subject to regulatory approvals.
Sectors
- Healthcare & Life Sciences
- Data Solutions & Technology
Geography
- United States – Clario is based in Philadelphia and operates globally, while WCG also primarily serves the U.S. market.
Industry
- Healthcare & Life Sciences – The acquisition involves clinical trial and health outcome assessment companies.
- Data Solutions & Technology – Both Clario and WCG leverage data and technology solutions for clinical trials.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Clario | Bidding Company | Company | Clario is a provider of endpoint data solutions for clinical trials, with significant expertise in neuroscience. |
WCG | Target Company | Company | WCG provides solutions to improve and accelerate clinical research, and their eCOA unit specializes in neurology and other conditions. |
Chris Fikry, M.D. | CEO of Clario | Person | Chief Executive Officer of Clario, leading the company's strategic initiatives. |
Sam Srivastava | CEO of WCG | Person | Chief Executive Officer of WCG, guiding the company's focus in accelerating clinical research. |
Astorg, Nordic Capital, Novo Holdings, Cinven | Shareholders | Company | Shareholders of Clario. |