Blank Rome advised Komodo Health, Inc. on the deal.
Komodo Health announced the acquisition of Breakaway Partners, a leading market access software company for the life sciences industry. The acquisition brings together Komodo’s Healthcare Map™ and software with Breakaway Partners’ industry-leading formulary data, policy criteria, and analytics platform to create the industry’s first enterprise market access solution suite based on a comprehensive, real-time view of real-world outcomes and costs.
As healthcare payers and providers continue to shift to value-based payment models, which incentivize the use of the most effective therapies, the market access analytics field has become critical to determine restrictions, reimbursement levels, and coverage decisions. In a domain ripe for innovation, Breakaway Partners has emerged as the leader. ??Its software solutions track formulary changes, medical and pharmacy policy criteria, and payer coverage – in real time and across geographies – to inform market landscape strategies for new and existing therapies.
Together, Komodo Health and Breakaway Partners will expand their software capabilities, powered by insights from Komodo’s Healthcare Map, the industry’s largest and most complete database of de-identified, real-world patient data, which tracks more than 325 million de-identified patient journeys. The acquisition further extends Komodo Heath’s expansion across the healthcare ecosystem, delivering a range of real-world data, analytics, and software solutions designed to close gaps in care, improve access, and reduce the burden of disease.
Komodo Health believes that smarter, more innovative use of data and analytics is essential for reducing disease burden. We apply artificial intelligence and other advanced data science techniques to our first-of-its-kind Healthcare Map™, which tracks the unique patient journeys of over 325 million patients.
Breakaway Partners delivers market access insights to the life sciences industry with impactful business solutions unifying pharmaceutical sales, operations, and marketing data into a seamless platform.
The Blank Rome team was led by Gary Goldenberg (Picture), Linsey Bozzelli, Rachel Packer, Inna Zaltsman, and Riley Bauer, and included Cory Jacobs, Shaun Bockert, Jennifer Daniels, Karen Shin, Mary Burgoyne, Jillian Zvolensky, Kevin Baum, Stephanie Kaplan, Jonathan Clark, Grant Buerstetta, Lisa Campisi, Hannah Ahn, Zachary Perkins, and Jacob Brownstein.
Involved fees earner: Hannah Ahn – Blank Rome LLP; Riley Bauer – Blank Rome LLP; Kevin Baum – Blank Rome LLP; Shaun Bockert – Blank Rome LLP; Linsey Bozzelli – Blank Rome LLP; Jacob Brownstein – Blank Rome LLP; Grant Buerstetta – Blank Rome LLP; Mary Burgoyne – Blank Rome LLP; Lisa Campisi – Blank Rome LLP; Jonathan Clark – Blank Rome LLP; Jennifer Daniels – Blank Rome LLP; Gary Goldenberg – Blank Rome LLP; Cory Jacobs – Blank Rome LLP; Stephanie Kaplan – Blank Rome LLP; Rachel Packer – Blank Rome LLP; Zachary Perkins – Blank Rome LLP; Karen Shin – Blank Rome LLP; Inna Zaltsman – Blank Rome LLP; Jillian Zvolensky – Blank Rome LLP;
Law Firms: Blank Rome LLP;
Clients: Komodo Health, Inc.;