Datavant and Ciox Announce Merger
Datavant and Ciox Health Announce Merger, Creating the Largest Neutral and Secure Health Data Ecosystem
Combined company positioned to solve the challenge of health data fragmentation
Joint technology solution enhances patient privacy and health care efficiency
Company to be named Datavant, with revenue of more than $700 million
$7.0 billion transaction supported by existing investor group of New Mountain Capital, Roivant Sciences, Transformation Capital, Merck Global Health Innovation Fund, Labcorp, Cigna Ventures, Johnson & Johnson Innovation – JJDC, Inc., Flex Capital; with significant new investment from Sixth Street and Goldman Sachs Asset Management
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