Health Advances
Health Advances's Overview
Health Advances is a strategy consulting firm that focuses exclusively on the healthcare industry. Founded in 1992 and acquired by Parexel in 2021, they partner with clients across diverse sectors including biopharma, medical devices, diagnostics, digital health, and healthcare services. Health Advances helps organizations navigate complex market challenges, identify growth opportunities, and make informed strategic decisions. Their core offerings include corporate strategy, product development and commercialization strategy, market assessment, and M&A advisory, all driven by deep industry expertise and rigorous analytics to deliver actionable insights for their global clientele.
Where is Health Advances's Headquarters?
HQ Function
The Waltham headquarters serves as the central hub for global operations, client engagement leadership, strategic decision-making, and development of core consulting methodologies and intellectual property.
Notable Features:
Situated in a modern office park (Reservoir Woods), the headquarters likely features contemporary design, collaborative workspaces, and advanced technology infrastructure to support its consulting activities.
Work Culture:
The work culture at Health Advances is characterized by intellectual curiosity, collaboration, and a commitment to excellence. Employees typically engage in challenging analytical work in a team-oriented environment, focused on delivering high-impact solutions for healthcare clients.
HQ Significance:
Its location in the Boston biotech hub provides strategic proximity to a dense network of pharmaceutical companies, research institutions, and healthcare innovators, facilitating client interaction and talent acquisition.
Values Reflected in HQ: The choice of a professional, modern headquarters in a key industry cluster reflects Health Advances's commitment to quality, innovation, client service, and providing an environment conducive to high-performance teamwork.
Location:
Through its strategic office locations in North America (Waltham, San Francisco) and Europe (Zug), Health Advances offers global support to its healthcare clients. As part of Parexel, this reach is further extended, leveraging Parexel's extensive worldwide network. Health Advances provides comprehensive strategic consulting services, including global market assessments, international product launch strategies, and cross-border M&A advisory, assisting clients in navigating the complexities of the global healthcare landscape.
Street Address:
1000 Winter Street, Suite 3700
City:
Waltham
State/Province:
MA
Country:
USA
Health Advances's Global Presence
San Francisco, CA, USA
Address: 101 Mission Street, Suite 1650, San Francisco, CA 94105, USA
To support West Coast and Pacific Rim clients, offering specialized expertise in areas like new product planning, commercial strategy, and corporate development within the dynamic Bay Area healthcare ecosystem.
Zug, Switzerland
Address: Grafenauweg 8, 6300 Zug, Switzerland
To deliver tailored strategies for navigating diverse European healthcare systems, market access challenges, and commercial opportunities, serving as a gateway for global clients into Europe and for European clients expanding globally.
Buying Intent Signals for Health Advances
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Executive Team of Health Advances
As of April 2025, Health Advances' leadership includes:
Investors of Health Advances
Health Advances has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
Specific executive movements solely within the Health Advances branded unit, post its acquisition by Parexel, are not typically publicized separately from Parexel's broader leadership announcements. No distinct, high-profile Health Advances executive changes have been prominently reported in the last 12 months. Leadership roles are generally stable, integrated within Parexel's consulting division.
Technology (Tech Stack) used by Health Advances
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Health Advances Email Formats and Examples
Prior to its acquisition by Parexel, Health Advances primarily used the 'healthadvances.com' domain. Common professional email formats include combinations of first name, last name, and initials. While legacy Health Advances emails might still exist, new communications would likely originate from Parexel's domain (@parexel.com).
[first_initial][last]@healthadvances.com (e.g., jdoe@healthadvances.com) or [first].[last]@healthadvances.com (e.g., jane.doe@healthadvances.com). Post-acquisition, [first].[last]@parexel.com is standard.
Format
mspeers@healthadvances.com (example for Health Advances legacy format)
Example
75%
Success rate
News and media
Parexel News • May 15, 2024
Parexel Recognized by FlexJobs as a Top 100 Company for Remote Jobs 2024 for Tenth Consecutive Year
Parexel, of which Health Advances is a key consulting arm, has been named by FlexJobs as a Top 100 Company for Remote Jobs in 2024. This marks the tenth consecutive year Parexel has received this recognition, highlighting its commitment to workplace flexibility which benefits its global teams, including Health Advances consultants delivering strategic insights worldwide....more
Parexel News • February 28, 2024
Parexel Named a Leader in IDC MarketScape: Worldwide CRO R&D IT Service Management 2024
Parexel, the parent company of Health Advances, has been recognized as a Leader in the IDC MarketScape for Worldwide CRO R&D IT Service Management. This distinction underscores Parexel's strength in leveraging technology and robust IT services for research and development, capabilities that support and complement the strategic and commercialization expertise provided by Health Advances....more
Parexel News • July 14, 2021
Parexel Completes Acquisition of Health Advances, Further Strengthening its Leading End-to-End Service Offering for Biopharmaceutical Customers
Parexel announced the completion of its acquisition of Health Advances, a leading strategy consulting firm focused on the healthcare industry. This acquisition enhances Parexel's strategic consulting capabilities and commercialization expertise, integrating Health Advances' deep industry knowledge to support biopharmaceutical customers from strategy through execution....more
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