ClinTex CTi to Fill Critical Gap in Digitalization Process for Clinical Trials

General News

Summary

The ClinTex CTi suite of block-chain enabled tools is being developed to solve the unique and complex problems facing the modern clinical trials process. This State of the Industry report from leading research firm First Analysis, for instance, found that clinical trial complexity has increased by nearly 86% over the last ten years. For example, the secure execution of a payment to an investigator can be automatically triggered as pre-set milestones are reached, based on clinical data entered into CTi, and verified by an outside system through an oracle (as outlined in phase 2 of our roadmap). “With CTi, ClinTex will lead the development of AI and blockchain based interoperable solutions tailored to specifically attack the key pain points in clinical trials. By doing so, CTi promises to provide huge cost savings in the development of new medicine, ultimately benefiting end-users, patients, and healthcare as a whole.” – Brendan Mannion, Co-Founder, ClinTex

Classifications

industries
HealthTech
applications
Web and Content Management

AskAI Classifications

Labels
Healthcare Software Clinical Trial Management Software SaaS

Linked Companies

Florence Healthcare
$1M to $5M