Problem
Currently, clinical trials require large numbers of intermediaries, are largely driven via paper-based processes & are slow; lack trust, with data integrity issues from time to time, and have delayed site payments, (pushing sites to brink of financial insolvency). This results in trial delays that are expensive (costing $1m-$10m/day) increasing drug costs and ultimately impacting patients.

SOLUTION/PRODUCT

Our innovation driven clinical trial system promises to speed up trials by reducing intermediaries, enhancing data fidelity/trust, improving security, and displaying data on a real time basis. Additionally, by leveraging our distributed ledger solution, with our proprietary financial modules, and, integrating multiple systems currently used, we will save a significant amount of time / money and minimize single vector cyber-attacks. Our product is a iPad/cloud driven with a Hyperledger Fabric (PoC developed with IBM Hyperledger Fabric v0.6) based permissioned private engine...
Problem
Currently, clinical trials require large numbers of intermediaries, are largely driven via paper-based processes & are slow; lack trust, with data integrity issues from time to time, and have delayed site payments, (pushing sites to brink of financial insolvency). This results in trial delays that are expensive (costing $1m-$10m/day) increasing drug costs and ultimately impacting patients.

SOLUTION/PRODUCT

Our innovation driven clinical trial system promises to speed up trials by reducing intermediaries, enhancing data fidelity/trust, improving security, and displaying data on a real time basis. Additionally, by leveraging our distributed ledger solution, with our proprietary financial modules, and, integrating multiple systems currently used, we will save a significant amount of time / money and minimize single vector cyber-attacks. Our product is a iPad/cloud driven with a Hyperledger Fabric (PoC developed with IBM Hyperledger Fabric v0.6) based permissioned private engine and has a “patent pending” status.
In a beta test recently we demonstrated our promise by speeding up the patient recording completing 150 patients in 150 days versus protocol that budgeted for 850 patients in 12 months
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Employees

Rama K Rao
Admin
Rama K Rao CEO Rama is an entrepreneur who is passionate about developing solutions to accelerate clinical trials who founded an innovative software firm.