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Synthetic data software maker Replica Analytics bought by New York firm

Ottawa startup says its AI-generated information is just as useful as real data when it comes to analyzing the results of clinical studies but doesn’t come with any of the privacy concerns.

Aetion acquires Replica Analytics to bring aboard synthetic data capabilities

Health analytics firm Aetion has acquired Replica Analytics, a company that specializes in synthetic data. Aetion said Replica will enable it to analyze previously inaccessible data while maintaining privacy and integrity of the original source data.

Aetion snaps up synthetic real-world data company Replica Analytics

The acquisition comes less than a year after Aetion landed $110 million in Series C funding.

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