PALO ALTO, Calif .– (BUSINESS WIRE) – December 8, 2021–
Medable Inc. and Vault Health, Inc. today announced that the two fast-growing digital health leaders are teaming up to bring Vault‘s expertise in diagnostic, logistics and remote care services to the Medable’s end-to-end software platform for decentralized clinical trials. The partnership builds on a shared commitment to bring trials closer to patients through remote monitoring and highly interacting patient services, which helps make clinical trials more inclusive and accessible, and ultimately enables new therapies. to be marketed more quickly.
The two companies will combine Medable’s software-as-a-service (SaaS) platform with Vault’s operational capabilities to deliver a unified experience for patients, sites and clinical trial sponsors. The partnership will allow sponsors to seamlessly offer Home Vault testing and diagnostics, home care visits and televisions, virtual site capabilities, as well as associated logistics, planning and condition monitoring. , all easily accessible through Medable’s dedicated patient and site applications.
Both companies have grown rapidly, quickly responding to pandemic needs for more flexible, remote expert care options. Vault was the first to market FDA-cleared home PCR tests and has now delivered more than 10 million COVID tests to consumers, employers, public health agencies, and school systems. Medable has also played a valuable role during the pandemic, allowing clinical research to continue remotely while supporting COVID vaccine and treatment research at record speed.
Medable has now deployed its SaaS platform through more than 150 decentralized and hybrid clinical trials in 60 countries, serving more than one million patients and research participants worldwide. By minimizing the need for in-person site visits, Medable customers have achieved unprecedented results including 200% faster enrollment, 90% retention rates and 50% cost reductions.
âThe future of clinical research is decentralized, whether it’s in a traditional clinic, virtual site, local pharmacy, or someone’s home,â said Dr. Michelle Longmire, CEO and Co-Founder of Medable. âTeaming up with Vault Health allows us to make participating in clinical trials much more convenient for patients, providing them with easy testing and diagnostic options, as well as expert remote care that they can access from anywhere. no matter where. “
Vault is a recognized leader in home testing and clinical logistics, where it deploys its national medical practice of more than 1,000 clinicians to provide priority diagnostics and patient care. Since launching in 2019, Vault has supported over five million telehealth visits and over 10 million patient interactions.
âAs a digital healthcare provider, we are focused on how to bring care directly to people’s homes,â said Jason Feldman, CEO and co-founder of Vault. âThe services we offer around home care, patient-centered logistics, testing and diagnostics, and virtual site capabilities are an ideal complement to Medable’s patient-centered clinical trials platform. Together, we can bridge the gap between clinical care and clinical research, paving the way for much simpler and faster decentralization of clinical trials. “
Vault accelerates better health outcomes through faster diagnosis, innovative clinical research, and digitally-driven delivery of care. Vault provides care to patients on their terms, virtually or physically, leveraging its nationwide network of clinicians and its data-driven technology platform to fuel its offerings. Vault is a trusted leader in the fight against COVID-19, bringing the first FDA-cleared home PCR test to market. Since the start of the pandemic, Vault has provided more than 10 million COVID-19 tests to consumers, employers, public health agencies and school systems.
Medable’s mission is to deliver effective therapies to patients faster by transforming clinical drug development with disruptive technologies. The company’s digital platform streamlines design, recruitment, retention and data quality for decentralized trials, replacing siled systems with integrated digital tools, data and interfaces to accelerate trial execution . Medable connects patients, sites and clinical trial teams to improve access, experience and patient outcomes. Medable is a private, venture capital-backed company headquartered in Palo Alto, California.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20211208005349/en/
CONTACT: Lisa Barbadora, Big Valley Marketing for Medable, +1 (610) 420-3413, media @ medable.com
Kate Brickman, Vault Health, +1 (815) 343-9299, kbrickman @ vaulthealth.com
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY CLINICAL HEALTH TRIALS
SOURCE: Medable Inc.
Copyright Business Wire 2021.
PUB: 12/08/21 07:37 / DISC: 12/08/21 07:37
Copyright Business Wire 2021.