BCB Medical, the Finnish company focused on advanced software systems for gathering and analyzing clinical data, has acquired its Swedish partner in health data, Health Solutions.
The acquisition gives BCB Medical opportunities for growing its business further outside Finland.
“This is an important step for us towards internationalization,” says Petteri Viljanen, the CEO of BCB Medical. “Health Solutions is a strong player in the Nordic market, and we have been cooperating together since 2013 and share a common vision. With this transaction, we will immediately be able to reach a wider international audience for our advanced technology. The solutions developed by BCB in Finland and by Health Solutions in Sweden have already created great interest especially in the Nordic countries and the UK.”
After the transaction, over 100 Health IT and Life Science professionals will be working in the combined company.
“The combined company will be the leading actor in digitalizing the gathering and analyzing of clinical real-world data. The solutions BCB has developed are widely used in Finland and will make a significant difference in other countries as well. Now, we have the opportunity to combine these advanced solutions with the ones Health Solutions already has, to create an even stronger offer to our customers,” says Joakim Söderberg, the Swedish CEO of Health Solutions.
Recruit new personnel
The companies are starting to recruit new personnel to support the growth. Söderberg continues as the CEO of Health Solutions AB after the merger. All employees of both companies will also continue in their positions as before the merger.
“Data science and the use of real-world evidence in health care has a significant role to play in the development of novel treatments. The Nordic region is leading this development.”
“Data science and the use of real-world evidence in health care has a significant role to play in the development of novel treatments. The Nordic region is leading this development. The acquisition and the new combined entity are major steps in being able to offer our solutions to a wider international customer base, to the ultimate benefit of the patients,” says Birgitta Stymne Göransson, Chairman of the Board of BCB Medical Holding.
Featured image: Petteri Viljanen CEO of BCB Medical