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Clinical Trials | News, Analysis, Insights - HIT Consultant

3 Ways Digital Health is Transforming Decentralized Clinical Trials

by Michael Delisle, VP, Practice Leader for Digital Health 09/29/2021 Leave a Comment

3 Ways Digital Health is Transforming Decentralized Clinical Trials

Decentralized Clinical Trials (DCTs) have been gaining steam over the last decade, but it was the COVID-19 pandemic that cast its advantages into the limelight. Sponsors benefit by creating efficiencies virtually throughout drug discovery, research, and treatment phases. However, the greatest long-term benefactors will ultimately be the patients.  Many aspects of traditional clinical trials are inconvenient for potential candidates, including the commute distance to trial sites, time
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Swift Medical Launches AI Digital Wound App to Support Clinical Trials

by Jasmine Pennic 09/15/2021 Leave a Comment

Swift Medical Launches AI Digital Wound App to Support Clinical Trials

What You Should Know: Global digital wound care provider Swift Medical, today announced the launch of a new application specifically designed to help pharma and med device researchers conduct decentralized clinical trials. Since patients are now doing more trials at home, study coordinators have had trouble tracking skin side effects remotely -- or trusting patients to conduct adequate analysis and recording on themselves. - Swift Medical’s first product, Swift Skin and Wound, provides an
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Medidata, Labcorp Partner to Expand Decentralized Clinical Trials for Digital Biomarker Discovery

by Jasmine Pennic 09/13/2021 Leave a Comment

Medidata, Labcorp Partner to Expand Decentralized Clinical Trials for Digital Biomarker Discovery

What You Should Know: - Medidata, a Dassault Systèmes company, today announced a first-of-its-kind partnership with Labcorp using the Medidata Sensor Cloud to introduce a new model to advance the use of medical-grade sensors in clinical trials and accelerate biomarker discovery. - As part of the partnership, Medidata will receive and process medical-grade sensor data within drug, vaccine and device trials across Labcorp Drug Development’s clinical trial portfolio,
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H1 Launches Solution to Build More Inclusive, Successful Clinical Trials

by Fred Pennic 09/02/2021 Leave a Comment

H1 Launches Solution to Build More Inclusive, Successful Clinical Trials

What You Should Know: - H1, which provides the largest global healthcare platform connecting the healthcare ecosystem, announced today that it has launched H1 Trial Landscape, the first solution that not only helps pharma and life sciences companies determine the required clinical experience levels for their clinical trials, but also enables them to find the best patient segments to improve inclusivity, retention and recruitment for successful trials. - Studies have shown that more than
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Clinical Trials: 4 Strategies to Maximize Patients Referrals

by Jai Singh, SVP of Growth at Reify Health 09/01/2021 Leave a Comment

Clinical Trials: 4 Strategies to Maximize Patients Referrals

Clinical trials were front and center in 2020, as pharma companies raced to develop and prove the safety and efficacy of their COVID-19 vaccines. Despite this increased awareness, many potential participants and referring clinicians remain unaware of available trials and how to become involved. This negatively impacts enrollment efficiency and overall study timelines.  Enter patient referral platforms. The growth of these third-party services has helped bridge the knowledge gap for both
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Curebase, AppliedVR Partner on Multiple VR Therapy Clinical Trials

by Jasmine Pennic 08/26/2021 Leave a Comment

AppliedVR Lands $29M for VR Platform to Treat Chronic Pain

What You Should Know:  - Curebase, a company committed to democratizing access to clinical studies, and AppliedVR, a pioneer advancing the next generation of digital medicine, today announced a one-year partnership where AppliedVR will deploy the Curebase platform to run five clinical trials assessing the effectiveness of virtual reality-based (VR) therapy to treat chronic pain. - AppliedVR  is the most evidence-based therapeutic VR platform for pain management and has been used by
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ConcertAI, Janssen Partner to Address Health Disparities in Clinical Trials

by Jasmine Pennic 08/25/2021 Leave a Comment

ConcertAI, Janssen Partner to Address Health Disparities in Clinical Trials

What You Should Know: - ConcertAI, a leader in RWD and enterprise AI tech for oncology, announced the expansion of its multi-year collaboration with Janssen. The expanded collaboration aims to further the novel work that the two companies’ are doing to broaden access to trials in new sites and strengthen trial diversity. - This expanded collaboration, which combines ConcertAI’s broad data sets with the expertise of Janssen’s data science team, aims to advance innovative insights that
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Verily Acquires Clinical Trials Management Platform SignalPath, Marks First Acquisition

by Fred Pennic 08/17/2021 Leave a Comment

Verily Acquires Clinical Trials Management Platform SignalPath, Marks First Acquisition

What You Should Know: Verily, an Alphabet company announced an agreement to acquire SignalPath, a Raleigh, NC-based clinical trial management system (CTMS) that improves the ease, quality and efficiency of conducting clinical research at study sites. Financial details of the acquisition were not disclosed. - The acquisition marks Verily’s first major acquisition that will strengthen and expand Verily’s existing clinical trial system and evidence generation platform, known as Baseline. The
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Reify Health Secures $220M to Go Beyond Decentralized Clinical Trials

by Jasmine Pennic 08/11/2021 Leave a Comment

Reify Health Secures $220M to Go Beyond Decentralized Clinical Trials

What You Should Know: - Reify Health, a Boston-based company paving the way to faster, predictable, and more accessible clinical trials, today announced it has raised $220M in a Series C funding round led by Coatue Management, joined by ICONIQ Growth and Adams Street Partners, as well as existing investors Sierra Ventures and Battery Ventures. This latest funding brings the company’s valuation to $2.2B. - Reify Health has built a new foundation for how clinical trials are run through its
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4G Clinical Secures $230M for Randomization and Trial Supply Management

by Jasmine Pennic 06/29/2021 Leave a Comment

4G Clinical Secures $230M for Randomization and Trial Supply Management

What You Should Know: - 4G Clinical, a cutting-edge randomization and trial supply management (RTSM) company, today announced it has entered into an agreement to receive a growth equity investment of over $230MM from Goldman Sachs Asset Management ("Goldman Sachs"). - Founded in 2015, 4G Clinical's Prancer RTSMⓇ enables life sciences companies to reach First Patient In (FPI) up to 50% faster than other providers and implement mid-study changes more efficiently. 4G Clinical's clinical
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