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Decentralized Clinical Trials

Medable Secures $304M at $2.1B Valuation for Decentralized Clinical Trials Platform

by Fred Pennic 10/26/2021 Leave a Comment

Medable Secures $304M at $2.1B Valuation for Decentralized Clinical Trials Platform

What You Should Know: - Decentralized Clinical Trials (DCT) leader Medable, today announced a $304M Series D funding round today – the company’s largest and fourth funding round in 18 months, bringing total capital raised to $521M – and valuation to $2B+. The funding round was co-led by new investors Blackstone Growth and Tiger Global and existing investor GSR Ventures. The round also includes follow-on investment from existing investors Sapphire
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3 Ways Decentralized Clinical Trials Can Expand Diversity & Improve Participation Rates

by Ryan Pack, Global Head Diversity in Clinical Trials, Science 37 10/20/2021 Leave a Comment

Ways Decentralized Clinical Trials Can Expand Diversity & Improve Participation Rates

I consider myself living proof of the American dream. In 1888, my great, great grandfather purchased a farm, Coleman Crest, that is still in our family today. Understanding his story and what he had to overcome during that period in history has given me such a great foundation and what still inspires me today.  My passion for chemistry began when I was a child. At a young age, I was diagnosed with a chronic illness and when things got tough, it was my pharmacist who gave me hope and
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Lightship Raises $40M to Bring Decentralized Clinical Trials at Scale

by Jasmine Pennic 10/07/2021 Leave a Comment

Lightship Raises $40M to Bring Decentralized Clinical Trials at Scale

What You Should Know: - Lightship, a virtual-first provider of clinical trials, today announced that it has raised $40M to create access to clinical research for all patients and improving diversity among patient groups taking part in clinical trials around the world led by Define Ventures and Brook Byers, with participation from Khosla Ventures, McKesson Ventures and Marc Benioff’s TIME Ventures. This round of investment follows $20M of funding that Lightship announced in February 2020 to
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Rho Selects Medidata’s Decentralized Clinical Trials Capabilities

by Jasmine Pennic 10/05/2021 Leave a Comment

Medidata Announces Decentralized Clinical Trials Program

What You Should Know:  - Today, Medidata, a Dassault Systèmes company, announced that Rho, a full-service contract research organization (CRO) with a proven track record of drug development success, is using Medidata to standardize its clinical trial platform for building out its decentralized clinical trial (DCT) technology offerings. This will enable Rho to provide rapid reporting of cross-domain, cross-study data in decentralized trials, where data collection methods have become more
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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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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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