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EPAM Acquires Odysseus — to transform the Life Sciences Value Chain with Advanced Analytics, Data Methods and AI

EPAM Acquires Odysseus — to transform the Life Sciences Value Chain with Advanced Analytics, Data Methods and AI

Improving Life Sciences Research, Clinical Studies, and Post-Market Surveillance with Data and AI

NEWTOWN, PA, USA– EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, announced today its acquisition of Odysseus Data Services, Inc., a top health data analytics company. This acquisition aims to expand EPAM’s capabilities in transforming the life sciences value chain through advanced data analytics, data methods, and artificial intelligence (AI).

Strategic Acquisition to Enhance Capabilities

“We are pleased to have Odysseus join EPAM. With their strong capabilities in Real-World Evidence and Real-World Data — the ‘glue’ between multiple segments of the life sciences value chain — our natural synergies make this an exciting time to add this to our portfolio to help our clients achieve better outcomes,” said Greg Killian, Senior Vice President of Life Sciences at EPAM. “We see the next wave of innovation based on standardized data powering AI and GenAI to improve life sciences research, clinical studies, and post-market surveillance. Based on the combined strengths of EPAM and Odysseus, we are well positioned to lead that innovation.”

Odysseus’ Expertise in Healthcare Data

Headquartered in Cambridge, Massachusetts, Odysseus generates healthcare data insights and evidence for clients through skilled data science and analytics, software engineering, and data management. The company’s focus on a standardized and systematic approach to healthcare data analytics provides a better understanding of healthcare interventions in drug treatment, drug safety, and efficacy, epidemiological research, provider support, quality measurements, and cost reduction. Odysseus is an active member of the Observational Health Data Sciences and Informatics (OHDSI) collaborative and is involved in the open standards and open science community through participation in research and development.

A Unified Vision for the Future

“We’re excited to join the EPAM family,” said Gregory Klebanov, CEO of Odysseus. “With EPAM’s strong foundation in AI, machine learning, data analytics, data management, and cloud infrastructure combined with our healthcare data analytics and Real-World Evidence expertise, we can address the whole life sciences value chain more comprehensively.”

Enhancing Patient-Centered Solutions

To learn more about how EPAM delivers value across the entire spectrum of care with patient-centered solutions, visit EPAM Life Sciences and Healthcare.

About EPAM Systems

Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has used its software engineering expertise to become a leading global provider of digital engineering, cloud, and AI-enabled transformation services. EPAM addresses clients’ transformation challenges by combining EPAM Continuum’s integrated strategy, experience, and technology consulting with over 30 years of engineering execution. This approach speeds clients’ time to market and drives greater value from their innovations and digital investments.

EPAM delivers globally but engages locally with expert teams of consultants, architects, designers, and engineers. The company’s solutions improve lives and fuel competitive advantage for clients across diverse industries.

Recognized by Glassdoor as a Best Workplace in 2023 and 2024, EPAM’s multidisciplinary teams serve customers across six continents. EPAM is among the top 15 companies in Information Technology Services in the Fortune 1000 and is recognized as a leader in multiple IDC MarketScapes and Gartner Magic Quadrants.

Key Facts: EPAM Systems, Inc. Here is the information:

Company NameEPAM Systems, Inc.
Ticker SymbolNYSE: EPAM
HeadquartersNewtown, PA, USA
IndustryDigital Transformation Services
ServicesSoftware Engineering, Cloud, AI-enabled Transformation, Business and Experience Consulting
Recent RecognitionS&P 500, Forbes Global 2000 (2021), Glassdoor Best Workplace (2023, 2024)
Key ClientsGlobal Enterprises, Ambitious Startups
Global Presence6 Continents
Recent AcquisitionOdysseus Data Services, Inc.
Key Focus AreasLife Sciences, Data Analytics, AI, Real-World Evidence