Network and data platform for healthcare professionals H1 has announced that it has acquired London-based Faculty Opinions, which helps users find relevant and valuable research.
Formerly called Faculty of 1000 and F1000 Prime, the company helps researchers, academic institutions and life science companies stay abreast of the latest clinical research in their field, find new areas of focus and emerging researchers, and learn how to study is recommended.
“Faculty Opinions has become a valued source of information for individuals and organizations seeking to identify and evaluate the significance of published articles in biology and medicine,” Vitek Tracz, founder and president of Faculty Opinions, said in a statement.
“We are confident that H1 will meaningfully accelerate Faculty Opinions’ mission by increasing community engagement and making Faculty Opinions’ content visible in the markets they serve. I am delighted to see Faculty Opinions becomes part of the global team at H1.”
WHY IT MATTER
H1 provides a platform for healthcare professionals to list their performance and network with other providers, as well as tools to list clinical trial sites and manage accurate data on vendors for sales and directories.
The company said the deal will give its users access to more information about research trends and key opinion leaders.
“We couldn’t be happier to welcome Faculty Opinions and their amazing team to the H1 family. Acquiring Faculty Opinions is an important evolution that will allow us to continue to grow as a go-to resource for healthcare professionals, as we also provide unique access to the latest discourse within the scientific community,” Ariel Katz, co-founder and CEO of H1, said in a statement.
THE BIGGER TREND
In November, H1 announced that the raised $100 million in Series C funding to invest in its network, develop its products and hire new team members.
Shortly after the financing round, the company announced it had hired Ziad Ismail, formerly of transportation logistics software company Convoy, as its chief operating officer. H1 also appointed Mike Derezin, COO of Chainlink Labs and former LinkedIn executive, to its board of directors.
Another company that includes networks for healthcare providers is Doximity, which: went public last year. Last week, it announced plans to purchase Amion, an app that manages doctors’ schedules on demand.