Vitrana Acquired by Parexel | Healthcare M&A Deal

Parexel has acquired Vitrana, a healthcare IT business in North Carolina. Vitrana provides an AI-enabled, end-to-end pharmacovigilance technology platform that supports patient safety workflows, including intelligent automation for PV case processing and compliance. Parexel acquisitions in healthcare IT aim to integrate system-agnostic safety technology with existing safety databases to improve accuracy and cycle times for regulatory and post-approval safety operations. The Vitrana acquisition is an add-on acquisition by strategic buyer Parexel, with financial terms undisclosed and announced status, expanding Parexel’s patient safety services with technology-enabled PV services and streamlined SAE reconciliation.