Envision Pharma Group (Envision), a leading global technology-enabled scientific communications company, announced the acquisition of Two Labs, an industry-leading provider of integrated and customized commercial solutions to the pharmaceutical and biotechnology sector.
Two Labs helps chart the path from clinical to commercial for a new product launch and provide strategies for continued market viability for drugs on the market. Since its inception in 2003, Two Labs has led 215+ new product launches and more than 300+ in-market projects from pre-launch to loss of exclusivity. Excellere Partners, a Denver-based private equity firm, made a strategic investment in Two Labs in 2017.
Founded in 2001, Envision Pharma Group is a global, innovative technology and scientific communications company serving pharmaceutical, biotechnology, and medical device companies.
The combined company will bring together complementary clients, services, and technologies, extending Envision’s scientific footprint to new clients in the “product pre-launch setting” – while opening up new business avenues and geographies for Two Lab’s best-in-class launch planning services.
Earlier this year, Two Labs acquired CEEK Enterprises, a management consultancy dedicated to supporting clients in the biopharma and MedTech industries with specialized expertise in corporate development, commercial strategy, clinical development and medical affairs.
The acquisition of CEEK expanded Two Labs’ suite of integrated offerings, allowing the platform to better serve its broad base of clients across the life sciences industry. CEEK’s ability to provide strategic guidance to clients early in the development process, as well as ongoing support through the product launch, enables Two Labs to enhance the value of its commercial pre-launch and launch capabilities.
Envision’s acquisition of Two Labs follows the recent announcement of GHO Capital’s increased investment in the company and the backing of management for its continued global expansion.
Takeaway: HUB service providers continue consolidation to expand breadth of services and geographic reach