Precision Analytics

Name

Precision Analytics

Legal name

Precision Analytics Inc.

Website

https://precision-analytics.ca

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Life Sciences Data Science Consulting

NAICS

Other Scientific and Technical Consulting Services (541690)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Real-World Evidence (RWE) & Outcomes Analytics for Precision Therapies (HLAAANAJ)

akta.pro secondary industry

Data, Analytics & AI Consulting (BPAHAEAF)

Keywords

• Life sciences analytics
• Health data science consulting
• Clinical research analytics
• Biostatistics consulting services
• Biostatistics methodology services

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Analytics Consulting Services: Precision Analytics provides tailored analytics consulting services to clients in early-stage biotechnology, clinical research, and pharmaceuticals. Revenue is generated through billable consulting engagements, with the company acting as an on-demand data science team for clients. No explicit pricing is publicly disclosed; engagements appear to be quote-based.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Precision Analytics is a Montréal-based data science consulting firm that provides on-demand analytics services to life sciences organizations, including early-stage biotechnology, clinical research, and pharmaceutical companies. The firm applies statistical modelling, epidemiology, bioinformatics, machine learning, and interactive R Shiny visualization to solve client data challenges. It also offers scientific litigation support and virtual R training workshops.

Product overview

Precision Analytics is a consulting company providing on-demand data science services to the life sciences industry. Their offerings include Health Analytics & Outcomes consulting and Scientific Litigation Support, along with educational R Workshops. They specialize in analytical methodologies such as decision tree analysis, Bayesian modeling using INLA, and bioinformatics using tools like BLAST and Bioconductor. Their technical deliverables include R Shiny applications for interactive data visualization, such as dashboards for FDA adverse event monitoring.

Differentiator

Problem solved

Functional benefit

Products and services

• Health Analytics & Outcomes Tailored analytics consulting for health outcomes research, including epidemiology, bioinformatics, and clinical data analysis for clients in early-stage biotechnology, clinical research, and pharmaceuticals.
• Scientific Litigation Support Expert analytical support for scientific litigation cases, providing data-driven evidence and rigorous statistical analysis to legal teams and law firms.
• R Workshops Virtual one-day Zoom workshops covering Using R for Data Science, Data Visualization in R, Developing and Deploying Shiny Applications, and Introduction to Bayesian Methods with RStan; delivered live and hands-on.

Quantifiable outcome

• On-demand data science team model allows life sciences organizations to access advanced analytics without building in-house teams
• +1 more outcomes

Named customers15 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature7 records

Partnerships

15 partnerships are on record, tiered not specified and core.

• Biogennot specifiedOthersBiogen is listed as a partner on the Precision Analytics website. Nature of partnership appears to be client/analytics services relationship in the life sciences sector. Biogen is a multinational biotechnology company focused on neurological and neurodegenerative diseases.
• Mercknot specifiedOthersMerck is listed as a partner on the Precision Analytics website. Partnership appears to be a client/analytics services relationship in the pharmaceutical sector.
• Parexelnot specifiedOthersParexel is listed as a partner on the Precision Analytics website. Parexel is a clinical research organization (CRO); the relationship likely involves analytics consulting services.
• COVID-19 Immunity Task Force (CITF)not specifiedOthersListed as a partner. CITF was a Canadian federal initiative studying COVID-19 immunity; the partnership may involve epidemiological data analysis.
• CellCartanot specifiedTechnology or IntegrationListed as a partner. CellCarta provides specialized laboratory services for precision medicine; the partnership may involve integrated analytics for laboratory or biomarker data.
• Plotlynot specifiedTechnology or IntegrationPlotly is listed as a partner. Precision Analytics uses Plotly's ggplotly() function for interactive visualizations in R dashboards. The relationship is both a technology integration and client relationship.
• Hyasynthnot specifiedOthersListed as a partner. Hyasynth is a biotech company producing sustainable ingredients through yeast fermentation; likely a client receiving bioinformatics or analytics services.
• Kisojinot specifiedOthersListed as a partner. Kisoji is a biotech company; likely a client receiving data science services.
• McGill UniversitycoreStrategic or Co-development PartnerMcGill University is listed as a partner and is a foundational relationship. Both co-founders (Erika Braithwaite and Kathryn Morrison) hold PhDs from McGill. The company hosts McGill interns and maintains active research connections with the university. This academic partnership is a core talent pipeline and thought leadership platform.
• McGill University Health Centre (MUHC)not specifiedOthersListed as a partner. MUHC is a major teaching hospital affiliated with McGill; likely a collaborator on healthcare analytics or epidemiology projects.
• McGill Centre for Neuroscience (Neuro)not specifiedOthersListed as a partner. Neuroscience research institution affiliated with McGill University.
• Venablenot specifiedOthersListed as a partner. Venable is a US law firm; the partnership likely relates to scientific litigation support services.
• Cnodesnot specifiedOthersListed as a partner. Cnodes appears to be a data science or research consultancy.
• Welsh-Reckernot specifiedOthersListed as a partner. Welsh-Recker appears to be a consulting firm.
• World Health Organization (WHO)not specifiedStrategic or Co-development PartnerListed as a partner. WHO is listed as a partner on the Precision Analytics website, suggesting collaboration on global public health analytics or data science initiatives.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Phastar: Phastar is a CRO-style data science consultancy offering biostatistics, programming, and R-based analytics to pharma and biotech, directly comparable in services, technology stack, and customer base.
• Pharmetheus: Pharmetheus delivers pharmacometrics and model-based data analytics consulting to pharma, overlapping with Precision Analytics' advanced modelling (Bayesian/INLA), bioinformatics, and life sciences R&D focus.
• Berry Consultants: Berry Consultants specializes in Bayesian adaptive clinical trial design and statistical consulting for pharma/biotech, overlapping with Precision Analytics' Bayesian INLA expertise and life-sciences client base.
• Cytel: Cytel provides biostatistics and data science consulting to clinical trials and life sciences, with deep expertise in R and Bayesian methods - directly comparable to Precision Analytics' core service offering and customer segments.
• P95 Pharmacovigilance & Epidemiology: P95 provides epidemiology, pharmacovigilance, and RWE consulting to pharma and public health, closely matching Precision Analytics' health outcomes, epidemiology, and adverse-event analytics capabilities.

Broad incumbents

• IQVIA: IQVIA is a global life-sciences analytics and CRO incumbent with extensive real-world evidence, biostatistics, and clinical data services that broadly subsume Precision Analytics' consulting offerings.
• ICON plc: ICON is a major CRO with biostatistics, clinical data analytics, and real-world evidence services targeting the same biotech/pharma buyers that Precision Analytics serves.
• Evidera (PPD / Thermo Fisher): Evidera is a large HEOR and real-world evidence consulting business within PPD/Thermo Fisher, offering health outcomes and epidemiology analytics that overlap Precision Analytics' pharma/biotech service lines at scale.

Emerging players

• dQ&A - Data Quality and Analytics: dQ&A provides analytics and data-quality services to life sciences, overlapping with Precision Analytics' data visualization, statistics, and pharma/biotech client segments, but at a slightly larger scale.
• Aetion: Aetion is a tech-enabled RWE analytics platform serving pharma, regulators, and payers, an adjacent emerging competitor in the health outcomes analytics space Precision Analytics occupies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/prec_analytics
• Facebookfacebook.com/precisionanalytics

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Precision Analytics