Medidata (NASDAQ: MDSO) announced today that Catalyst Clinical Research chose the Medidata Rave Clinical Cloud™ for its one-platform approach to clinical trials. By adopting Medidata Rave CTMS combined with Rave EDC and Rave eTMF, Catalyst immediately offers a data-driven, state-of-the-art unified clinical platform as it launches its new CRO full-service managed solutions business in addition to its flagship resourcing and FSP businesses.
By adopting Medidata’s unified platform, Catalyst affirms its commitment to innovation. Catalyst considers this partnership with Medidata critical in launching its full-service CRO business, enabling them to focus on oversight activities that are mission-critical to the success of a clinical trial.
“As we transform our business model, Medidata is helping us move beyond clinical operations and monitoring,” said Nick Dyer, CEO of Catalyst Clinical Research. “We chose to partner with Medidata because we recognize that we need an innovative technology partner with deep understanding of CROs and sites and sponsors in order for us to excel in this market. Medidata delivers the right platform, expertise and services that will allow us to be competitive and aggressively scale our full service offerings.”
Medidata features the industry’s most comprehensive platform that unifies content, data and workflows accurately from study planning to close. The platform will allow Catalyst to:
- Operate with a common user interface and one point of access
- Integrate data from multiple systems to create a single source of truth for decision making
- Accelerate trial timelines and minimize risk by auto-populating key site data
- Optimize cost by eliminating duplicate data entry
- Conduct studies more efficiently with intuitive document search and retrieval using advanced search algorithms
“We’re honored to partner with Catalyst on their journey as a full-service CRO particularly focused on early phase oncology trials. By creating a seamless data flow between eTMF, EDC and CTMS on one platform, study teams have access to a single source of truth and to data in real time, in any application. With Medidata, our CRO partners are platform-enabled from day one and can focus on delivering the right expertise and outcomes to their customers,” said Glen de Vries, President and Co-Founder, Medidata.
Medidata is leading the digital transformation of life science, with the world’s most used platform for clinical development, commercial, and real-world data. Powered by artificial intelligence and delivered by top-ranked industry experts, Medidata helps pharmaceutical, biotech, medical device companies, and academic researchers accelerate value, minimize risk and optimize outcomes. Medidata and its companies, Acorn AI and SHYFT, serve 1,300 customers and partners worldwide and empower more than 150,000 certified users every day to create hope for millions of patients. Discover the future of life science: www.medidata.com
About Catalyst Clinical Research
Catalyst is a leading provider of flexible, customized, clinical research solutions to the biopharmaceutical industry. With locations in the US and EU, the company provides customer-centric solutions on a worldwide basis including Global Resourcing, FSP, and Full Service Managed Solutions, the latter with a focus on oncology therapies. Catalyst’s foundation is built from more than two decades of experience in assisting clients with their clinical development programs through the provision of therapeutically-aligned experts and teams. Catalyst is a portfolio company of NovaQuest Capital Management, LLC, a leading healthcare and life sciences investment firm. For more information, please visit www.catalystcr.com.