We've updated our Privacy Policy to make it clearer how we use your personal data.

We use cookies to provide you with a better experience. You can read our Cookie Policy here.

QPharma Announces Acquisition of Qforma

QPharma Announces Acquisition of Qforma

QPharma Announces Acquisition of Qforma

QPharma Announces Acquisition of Qforma

Read time:

Want a FREE PDF version of This News Story?

Complete the form below and we will email you a PDF version of "QPharma Announces Acquisition of Qforma"

First Name*
Last Name*
Email Address*
Company Type*
Job Function*
Would you like to receive further email communication from Technology Networks?

Technology Networks Ltd. needs the contact information you provide to us to contact you about our products and services. You may unsubscribe from these communications at any time. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, check out our Privacy Policy

QPharma has announced the acquisition of Qforma, Inc., a BelHealth Investment Partners (“BelHealth”) portfolio company. The Morris Plains-based firm offers an array of life sciences solutions that include healthcare analytics, predictive modeling, and product launch services.

For more than 20 years, QPharma has worked closely with pharmaceutical, medical device, and biotechnology manufacturers to validate their systems and facilities; plan their product launches; manage their pharmaceutical sample distribution; coordinate their state and federal transparency reporting; train their sales forces; and solve their regulatory compliance problems.

In recent years, the company has added new solutions that include Key Opinion Leader (KOL) identification, influence mapping, and analytics. From modest beginnings as a provider of computer system validation services, QPharma has steadily grown to become a leader in its industry.

“The purchase of Qforma is a natural progression of the incremental growth strategy that has served QPharma well in the past two decades,” said QPharma President and CEO Patrick Den Boer. “The outstanding technology platform and solution base they have built is a perfect complement to QPharma’s suite of business intelligence tools.”

“We are pleased to see this transaction come to fruition,” added Inder Tallur, Managing Director of BelHealth. “We believe this acquisition will enable QPharma to deliver outstanding value-added services, to the benefit of its growing roster of valued clients.”

To avoid name confusion, the Qforma brand will be phased out, and the company will continue to operate as QPharma. With the acquisition, QPharma will increase its headcount by 10 percent, with new sales, strategy, and technology personnel based at offices throughout the United States. The company expects to announce updates on its enhanced set of services in the coming months.