Morrisville-Based Biotechnology Business Enters Merger to Create $5B Pharma Tech Company

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The new CEO has worked for the company for over a decade in another role.

A Bucks County biotechnology business recently made a monumental merger with a major data company to create a new healthcare entity. John George wrote about the recent merger in the Philadelphia Business Journal.

Norstella, whose headquarters are located in Yardley, just signed into a merger with Citeline to create a $5 billion global pharmaceutical technology company. With the help of Citeline, a data company based out of New York City, the Bucks County business will be able to create software that will help scientists as they research and create new pharmaceuticals.

“We believe that patient access starts with identifying unmet needs and doesn’t end until a patient has a therapy in hand,” said Mike Gallup, the CEO of Norstella.

“As the industry moves toward highly targeted therapies focused on smaller patient populations, our clients need solutions that provide actionable answers to critical business questions to help bring drugs to market quicker — ultimately helping patients receive treatment sooner.”

As of right now, there are no specific details about the financial aspects of the merger.

Read more about major merger in the Philadelphia Business Journal.

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