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Clarivate Partners with CRKN to Further Canada's Research Goals

1. Clarivate partners with CRKN to enhance research access for Canadian universities. 2. The agreement extends access to the Web of Science API and related tools. 3. It aims to improve collaboration and streamline research efforts across institutions. 4. This partnership could increase CLVT's market presence in the academic sector. 5. Canadian researchers will have a broader reach with better access to vital resources.

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Why Bullish?

The extended partnership with CRKN showcases CLVT's commitment to innovation in academia, potentially increasing user engagement and revenues, similar to past partnerships that boosted their market reach.

How important is it?

The partnership opens up new opportunities in the Canadian academic market, aligning with CLVT's growth strategy, thus holding significant potential for future profit increases.

Why Long Term?

The multi-year agreement will foster sustained collaborations, enhancing CLVT's brand value and influence in academic research, reminiscent of their past long-term partnerships that led to revenue growth.

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Web of Science Provides Expanded Access to Essential Research Tools and Data for Canadian Libraries and Research Institutions

LONDON, June 3, 2025 /PRNewswire/ -- Clarivate Plc (NYSE:CLVT), a leading global provider of transformative intelligence, today announced a multi-year partnership with the Canadian Research Knowledge Network (CRKN), a consortium of libraries and research institutions in Canada. The agreement provides 55 Canadian universities with expanded access to the Web of Science and is designed to enhance inter-member research collaborations, improving accessibility to Web of Science content for all members.

The Web of Science platform is home to the world's first and most trusted publisher-neutral citation index – Web of Science Core Collection – and connects developments along the entire research lifecycle to that trustworthy core. It streamlines the discovery of content from the world's leading journals alongside conference papers, books, dissertations and theses, datasets, patents, preprints, awarded grants, policy documents and more.

For CRKN members, new extended access to the Web of Science API will allow researchers to use the rich Web of Science metadata to support their research projects. Access to the Derwent Innovations Index and the Policy Citation Index will help members better understand the societal impact of their outputs.

Craig Olsvik, Director, Content Program at CRKN, said: "CRKN is pleased to have renewed our agreement with Clarivate for Web of Science through 2029. Expanded access to Web of Science content will serve Canadian researchers across the country, and we're particularly happy to now include extended access to the Web of Science API for our members."

Bar Veinstein, President of Academia and Government at Clarivate, said: "We are delighted to extend our partnership with CKRN. Canada holds a prominent and often collaborative position in academic research globally, with its research contributions surpassing the international average in terms of innovation and patents.

"This new agreement underscores the value we offer to Canadian institutions and researchers through the Web of Science. We remain committed to supporting the research community in Canada by providing the necessary tools and resources to foster innovation and discovery which ultimately drives societal impact."

About Clarivate

Clarivate is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com

Media contact: Rebecca Krahenbuhl, Senior Manager, External Communications, Academia & Government [email protected]

SOURCE Clarivate Plc

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