Two Labs Acquires MKO Global Partners
Company expands presence in the pharma consulting space with the addition of pricing and payer strategy services
Two Labs, an industry-leading pharma and life science services company, today announced that it has acquired MKO Global Partners (MKO), a strategic global life sciences consulting firm focused on payer strategy, market access, and pricing in the pharmaceutical and biotech markets.
Two Labs’ mission is to improve patients’ quality of life by delivering innovative trade and commercialization services to pharmaceutical manufacturers. The MKO acquisition enhances this mission by integrating new capabilities in pricing and market access strategy. The transaction combines two performance-driven organizations that share a commitment to innovation, collaboration, and client service.
“The pharmaceutical industry relies on Two Labs, to provide commercialization support services so that they can focus on developing new and innovative therapies that enhance patients’ lives. The union of Two Labs’ and MKO’s pharma services expands our total solution suite through the addition of a highly-regarded market access solutions provider,” said Rich Wartel, CEO of Two Labs. Wartel continued, “For both organizations, culture matters as much as our solutions. As a result, our clients view us as a strategic partner and an extended part of their team—not as a vendor.”
“MKO has enjoyed a 15-year relationship with Two Labs and we are thrilled to be joining the Two Labs family,” stated Steve O’Malley, Partner at MKO Global Partners. O’Malley added, “Each organization views the other as the logical extension toward the total solutions suite for market access, and we believe our clients will be thrilled with the capabilities we will be able to provide through our new partnership. Our clients frequently ask us to provide the additional services that Two Labs offers, just as Two Labs clients frequently ask them to provide the additional services that we offer.”
The transaction was completed as of February 2, 2018. Retention of the MKO San Diego office is an essential part of the integration plan. Terms of the agreement were not disclosed.