Forian Inc. announced on November 1, 2024, the acquisition of Kyber Data Science LLC from TD Cowen. This strategic move is designed to strengthen Forian’s position in the healthcare information marketplace. The acquisition also expands the industries Forian serves to include financial services.
Kyber Data Science is recognized for its advanced healthcare data analytics and machine learning solutions, which are tailored for the financial services industry. Its expertise helps financial organizations make informed healthcare investment decisions. Kyber's proprietary algorithms and software are specifically developed for hedge funds, private equity, and mutual fund customers.
Max Wygod, Forian’s Chief Executive Officer, stated that Kyber provides differentiated commercial intelligence that empowers customers to better anticipate business performance in the healthcare market. The combined vision and capabilities are expected to accelerate Forian's growth strategy and bring greater innovation to the market.
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