Lowenstein Sandler represented PicnicHealth, a patient-centered healthcare evidence generation company, in the acquisition of AllStripes, a platform dedicated to generating evidence about the rare disease community. This strategic consolidation establishes PicnicHealth as the leading patient-centric evidence generation partner within a rapidly evolving life sciences landscape.
PicnicHealth engages directly with patients to collect and curate comprehensive clinical data and patient-reported outcomes (PROs) to generate rich insights across patient healthcare journeys. Historically, generating such evidence has required the establishment of a network of clinical sites, which are expensive to operate, burdensome to patients and sites, and often lead to delays. PicnicHealth and AllStripes pioneered a new model by working directly with patients, which enables a deeper view of each patient's health and experience while reducing the challenges of traditional site-based studies. With AllStripes’ strong relationships across patient communities, PicnicHealth expands its footprint and enhances its ability to guide critical and deep evidence generation.