Aetion

Aetion

Software solutions for real-world evidence analysis

About

Aetion develops software solutions that utilize real-world evidence (RWE) to assist life sciences companies, regulators, and purchasers in making informed decisions. Their software analyzes real-world data to provide insights into the effectiveness and safety of medical innovations, from initial hypotheses to long-term monitoring. Aetion's clients include major pharmaceutical companies and healthcare regulators, who benefit from the ability to generate and analyze diverse data sets for clinical insights that were previously hard to obtain. The company differentiates itself by offering a platform that not only manages longitudinal data but also generates synthetic health data using artificial intelligence. Aetion's goal is to maximize the return on investment for its clients by providing rapid insights that facilitate critical decision-making, ultimately expediting patient care and treatment options.

Company Stage

Series C

Employees

201-500

Industries

AI & Machine Learning, Healthcare

Total Funding

$198M

Headquarters

New York City, New York

Founded

2012


Simplify Jobs

Simplify's Take

What believers are saying

  • Aetion's Barcelona tech hub expansion enhances RWE technology with European talent.
  • Ken Watson's appointment as CTO is set to drive strategic growth and innovation.
  • Partnerships like with Intuitive and FDA boost trust in Aetion's regulatory data validation.

What critics are saying

  • Emerging RWE tech companies pose a threat to Aetion's market share.
  • Rapid AI advancements may require Aetion to invest heavily in R&D.
  • Potential EU data privacy law changes could impact Aetion's operations and compliance costs.

What makes Aetion unique

  • Aetion's RWE platform offers real-time collaboration with biopharma and medical device companies.
  • The company utilizes patented rapid-cycle analytics technology for effective medical treatment insights.
  • Aetion's software generates synthetic health data using AI for longitudinal data management.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

3%

2 year growth

0%

Benefits

Medical, dental, & vision insurance

Free membership to OneMedical

FSA

4% 401(k) match

Commuter benefits for parking & transit

Unlimited PTO

Paid parental leave

Wellness stipend

Company activities

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