Investor News

Feb 28, 2018

FDA Selects Booz Allen for Spot on $300M Award to Optimize Drug Review Management by Enhancing Informatics Platform

MCLEAN, Va.--(BUSINESS WIRE)-- Driven by its responsibility to protect and promote public health, the U.S. Food and Drug Administration (FDA) ensures that patients and providers have timely and continued access to safe, effective, and high-quality medical products. To advance that mission, in October of 2017, the FDA's Center for Drug Evaluation and Research (CDER) awarded Booz Allen Hamilton (NYSE: BAH) one of two spots on a competitive, $300 million Blanket Purchase Agreement (BPA) over seven years to support its implementation of a transformational Informatics Platform that will enable the Agency to bring life-saving drugs to market with greater speed and efficiency.

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"We are thrilled to partner with the FDA to deliver leading-edge informatics and analytics capabilities to expedite the approval of innovative new products and personalized medicines," said Roman Salasznyk, Principal at Booz Allen. "Backed by our team of experienced data scientists and technologists, we will work with CDER to provide its reviewer community an integrated Platform that will enable the rapid processing, validation, management, and analysis of data across the medical product lifecycle. Holistic drug review management is the future, and we look forward to helping the FDA continue its exceptional mission performance on behalf of the American public."

Read more about Booz Allen's commitment to helping healthcare and life sciences organizations across the private and public sectors, here: boozallen.com/markets/health.html.

About Booz Allen Hamilton

For more than 100 years, business, government, and military leaders have turned to Booz Allen Hamilton to solve their most complex problems. They trust us to bring together the right minds: those who devote themselves to the challenge at hand, who speak with relentless candor, and who act with courage and character. They expect original solutions where there are no roadmaps. They rely on us because they know that—together—we will find the answers and change the world.

We solve the most difficult management and technology problems through a combination of consulting, analytics, digital solutions, engineering, and cyber expertise. With global headquarters in McLean, Virginia, our firm employs more than 23,300 people and had revenue of $5.80 billion for the 12 months ended March 31, 2017. To learn more, visit BoozAllen.com. (NYSE: BAH)

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Booz Allen
Media Relations
Joseph Campbell, 703-377-4422
Campbell_Joseph@bah.com
or
Investor Relations
Curt Riggle, 703-377-5332
Riggle_Curt@bah.com

Source: Booz Allen

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