R-Squared

R-Squared Services & Solutions operated as a software developer and consultancy firm with a focus on the healthcare, life sciences, and biomedical sectors. Founded in 2009, the company specialized in creating software that assisted organizations in navigating and maintaining compliance with the complex web of industry regulations and laws. Its core offering translated intricate regulatory requirements into practical, usable tools and day-to-day practices for its clients.

The company's business model centered on providing this specialized compliance software, likely through licensing or subscription agreements, to enterprises within the life sciences and healthcare markets. Operating from its office in Princeton, New Jersey, R-Squared positioned itself as a crucial partner for companies needing to manage regulatory risk effectively. The firm's journey began with an Angel investment round in April 2010, which supported its initial growth and product development.

A significant milestone in the company's history occurred on September 1, 2015, when it was acquired by IMS Health Holdings. At the time of the acquisition, R-Squared was generating revenue and had established a market presence. This acquisition marked the conclusion of its operations as an independent entity, integrating its compliance solutions into the broader portfolio of IMS Health, a major player in healthcare data and analytics which later merged to become IQVIA.

Keywords: regulatory compliance software, healthcare compliance, life sciences software, biomedical enterprise solutions, regulatory tools, compliance consulting, IMS Health acquisition, healthcare regulations, pharmaceutical compliance, medical device compliance, clinical trial compliance, GxP compliance, validation services, quality management systems, e-compliance solutions, regulatory intelligence, healthcare IT, risk management software, life science startups, Princeton technology company