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Veeda Clinical Research Limited completes acquisition of Heads to expand global reach and capabilities

Mar 26, 2024•over 1 year ago

Acquiring Company

Veeda Clinical Research Limited

Acquired Company

Heads

AhmedabadDublinMedicalBiotechnologyHealth CareMedicalHealth Care

Description

Veeda Clinical Research Limited, a full-service contract research organization, has acquired Heads, a European CRO specializing in conducting clinical trials in oncology. With this acquisition, Veeda enters the league of global CROs with integrated capabilities to extend contract research services from discovery to clinical development extending to post commercial launch.

Company Information

Company

Veeda Clinical Research Limited

Location

Ahmedabad, Gujarat, India

About

Veeda Clinical Research Limited is one of the largest independent, full-service clinical research organizations, headquartered in Ahmedabad, India. It offers a range of bioequivalence studies and early and late phase clinical trials. Veeda has successfully completed several regulatory inspections and is approved by USFDA, UK MHRA, ANVISA (Brazil), and WHO. Veeda has experience in conducting complex clinical studies.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed