On Thursday, Playa Vista-based Science 37 announced that it raised a $40 million oversubscribed funding round led by Lux Capital, Redmile Group and PPD. LOS ANGELES, August 20, 2020 — Science 37, the industry leader in decentralized clinical trials, today announced it closed an oversubscribed $40 million funding round. Existing investors Lux Capital, Redmile Group, and PPD, Inc. (Nasdaq: PPD) led the round, and are joined by existing investors Novartis, Amgen, Sanofi Ventures, GV, and Glynn Capital. ... PPD Announces Fourth Quarter And Full Year 2019 Earnings Release Date And Conference Call. Learn more at https://www.science37.com, and follow Science 37 on Twitter @Science37x. They are revolutionizing clinical research with a decentralized operating model – the Metasite™ – which connects all people to science. Learn more about our life changing therapies. The Science 37 team now numbers more than 100 people, across clinical operations, patient engagement, physicians and technology development teams. We have more than 10 active clients representing the pharmaceutical, biotech and medical device industries. PPD, Inc. (Nasdaq: PPD) has been named one of the Best Workplaces in Greater China™ by Great Place to Work ®, a global authority on high-trust, high-performance workplace cultures that provides executive advisory and culture consulting services to businesses, nonprofits and government agencies. Notable new investors include LifeSci Ventures and Mubadala Ventures. PR Newswire. Subscribe to FierceBiotech to get industry news and updates delivered to your inbox. PPD is a global contract research organization (CRO) delivering clinical expertise for your product's success. Science 37, Culver City, California. Enclose phrases in quotes. Reproduction in whole or part is prohibited. 3 Speen Street, Suite 300, Framingham, MA 01701. With this round of financing, the largest in Science 37’s history, the company has raised over $100 million to date. Aug-14-20 09:00AM : ... PPD Extends Digital Clinical Trial Capabilities to Support Biopharma Companies Research Continuity and Patient Safety during COVID-19 Pandemic. Now, PPD is teaming up with Science 37 to tap its “siteless” approach to trials. “We believe our investment will bring immediate value to our clients’ current research programs and help speed the adoption of these evolving models industry-wide.”, Noah Craft, co-founder and member of the Science 37 Board, said, “Belinda and I believe the team at Science 37 has made great progress towards our vision of democratizing science since its September 2014 launch. We have proven to enroll faster, retain patients at a higher rate, and reach a more representative population. As COVID-19 continues to wreak havoc across nearly all clinical trials in the U.S., Asia and Europe, so-called virtual trials are coming to the fore. Chief Executive Officer at Science 37 PPD is a leading global contract research organization providing comprehensive, integrated drug development, laboratory and lifecycle management services. All in One Platform. Science 37 has 245 employees at their 1 location and $106.50 m in total funding,. The Board will initiate a search process to identify the next CEO. Any financial terms were not revealed. Register Today! The model enables a more diverse population of people to access clinical trials and we are hopeful this transition in the company will enable a more global impact for the future.”. PPD’s site solution unit, Accelerated Enrollment Solutions (AES), which for the past two years has been helping enroll patients into studies, has penned a pact with California-based virtual trial specialist Science 37 to help it run trials remotely. “We are pleased to be partnering with PPD and this group of investors as we look to build on Science 37’s growth to date,” said Rob Faulkner, Chairman of the Science 37 Board of Directors. Our customers include pharmaceutical, biotechnology, medical device, academic and government organizations. © 2014 - 2020 Science 37, Inc. All Rights Reserved. See insights on Science 37 including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Researchers can find the right patients and patients can find the right trials, resulting in more access for everyone. By engaging with patients from the comfort of their own home, we … PLAYA VISTA, Calif – Science 37, a patient-centric clinical trial company, announced today that it has raised $35 million in Series D financing led by Pharmaceutical Product Development, LLC (PPD) with participation by all major existing investors as well as industry partners, including dRx Capital (a Qualcomm and Novartis joint investments company), Redmile Group, LLC, Lux Capital, Glynn Capital, … Along with the complexities of vaccine and viral-based gene therapy process development comes the need for analytical techniques that can help assess quality parameters, especially in real-time. Now, PPD is teaming up with Science 37 to tap its “siteless” approach to trials. , /PRNewswire/ -- Science 37, the industry leader in decentralized clinical trials, today announced it closed an oversubscribed funding round. All of the Experience All From One Place. PPD’s investment in Science 37 demonstrates its commitment to accelerating patient-centered virtual clinical trials, which remove geographic barriers to patient participation. In essence, this sees the two work on telehealth programs to remotely screen patients and conduct study visits, removing the need for physical trial sites. Are Real-Time Gene Therapy Test Results Possible? LOS ANGELES, Aug. 20, 2020 Science 37, the industry leader in decentralized clinical trials, today announced it closed an ... Science 37® Raises $40 Million to Extend Its Leadership in the Decentralized Clinical Trial Market Virtual Clinical Trials: Science 37 Started a Movement Jul 15, 2019 | Patient-Centric Trials , PPD , Remote Trials , Science37 , Telehealth , Virtual Clinical Trials Recently Biospace’s Mark Terry interviewed Science 37’s Chief Medical Officer Jonathan Cotliar to shine some light on the topic of virtual clinical trials. Our clients and partners include pharmaceutical, biotechnology, medical device, academic and government organizations. This is the Science 37 company profile. 46K likes. PPD unit pens Science 37 virtual trial pact amid pandemic, In conversation with: Science 37 and the response to COVID-19. more at Science 37, and follow Science 37 on Twitter, LinkedIn and Facebook. HORSHAM, Pa., and LOS ANGELES (April 2, 2020) – Accelerated Enrollment Solutions (AES), a business of PPD, Inc. (Nasdaq: PPD), and Science 37, a leader in virtual clinical trials, are collaborating to recruit and enroll clinical trial participants who live beyond the geographic location of traditional research sites. PPD boosts digital trial work amid pandemic PPD has signed up with the likes of Science 37 to help boost its digital trial capabilities. “With Science 37’s current momentum and major operational scaling efforts ahead, Noah and Belinda have decided that this is the right time for the company to hire the next CEO to help take Science 37 to the next level. Science 37, formed in 2014, has raised $108 million in venture capital with its pitch of enabling people to participate in clinical trials from their homes instead of traveling to medical centers. We look forward to working with them as the Company moves into its next chapter.”. For more information, visit www.ppdi.com. Use a + to require a term in results and - to About Science 37 Science 37 is making the promise of virtual trials the new reality. LOS ANGELES, Aug. 20, 2020 /PRNewswire/ -- Science 37, Inc the industry leader in decentralized clinical trials, today announced it closed an oversubscribed $40 million funding round. Amid this pandemic, when so many trials have been paused or halted due to lockdowns and safety fears, the pair hope this can help many studies stay the course. In a significantly oversubscribed offering, Science 37 attracted capital to support its rapid growth, expand its technology platform, and accelerate global expansion. exclude terms. About Science 37 Science 37 is a Los Angeles based technology-enabled clinical research company. Sponsored by Science 37 Science 37 brings clinical research opportunities to patients in their homes anywhere, anytime. Science 37® Raises $40 Million to Extend Its Leadership in the Decentralized Clinical Trial Market. The combined capabilities span Science 37's network of patients, telemedicine investigators, central raters, mobile nurses and technology platforms to … By engaging with patients from the comfort of their own home, we provide access to patients who can never be reached by traditional site-based models. The curriculum was developed through extensive dialog with key industry leaders and is designed to meet the specific needs of students seeking careers in this dynamic industry. The bachelor of science in pharmaceutical product development prepares students for careers in the pharmaceutical and biotechnology industry. We look forward to the Company’s next chapter and to continuing our collaborative work with Judy and the team here as we advance the model of virtual trials and our mission to accelerate biomedical research by putting patients first.”, Belinda Tan, co-founder of Science 37, said, “Our work over the last five years brought the promise of using technology to empower patients into reality. About PPD PPD is a leading global contract research organization providing comprehensive, integrated drug development, laboratory and lifecycle management services. Accelerated Enrollment Solutions (AES), a business of PPD, Inc. (Nasdaq:PPD), and Science 37, a leader in virtual clinical trials, are collaborating to recruit and enroll clinical trial participants who live beyond the geographic location of traditional research sites. The company also announced a leadership transition, under which co-founder Noah Craft MD, PhD, will step down from his role as CEO and co-founder Belinda Tan MD, PhD will step down as Chief Medical Officer. Novartis, Amgen, Sanofi, PPD and Google’s VC arm are just a few of the big names backing California’s “siteless” trial expert Science 37’s $40 million funding round. In return for its work, Science 37 can also tap AES’ global research network. RELATED: In conversation with: Science 37 and the response to COVID-19. All rights reserved. PLAYA VISTA, Calif – Science 37, a patient-centric clinical trial company, announced today that it has raised $35 million in Series D financing led by Pharmaceutical Product Development, LLC (PPD) with participation by all major existing investors as well as industry partners, including dRx Capital (a Qualcomm and Novartis joint investments company), Redmile Group, LLC, Lux Capital, Glynn Capital, and GV (formerly Google Ventures), among others. Headquartered in Los Angeles, Science 37 is a technology-enabled clinical research company built by a team of doctors, scientists, and technologists whose mission is to accelerate biomedical research by putting patients first. All content is posted anonymously by employees working at Science 37. About Science 37 Science 37 is making the promise of virtual trials the new reality. Science 37 runs a network of telemedicine investigators, in-home nurses and clinical research coordinators who are connected by its tech platform to arrange virtual, or “decentralized,” clinical trials. “We are pleased to provide our customers, through our collaboration with Science 37, one of the most advanced, trial-tested approaches to clinical research virtualization," said Roger Smith, general manager of AES. They created a new clinical trial operating model – … We have 8 clinical trials open, with 5 more on the way before the end of the year. By removing geographic limitations, Science 37 has demonstrated greater participant diversity and increased clinical trial efficiency and speed. Ultimately, Science 37 enables higher quality, people-powered science to advance digital health innovation. Further, in connection with the Series D funding, Bhooshi DeSilva, Senior Vice President of Corporate Development and Strategy at PPD, will join the Science 37 Board of Directors. On behalf of our Board of Directors, I’d like to thank Noah and Belinda for their noteworthy accomplishments in bringing the company to this point and in making virtual trials part of the industry lexicon. Our customers include pharmaceutical, biotechnology, medical device, academic and government organizations. The Science 37 platform is the industry’s first and only comprehensive, integrated platform purpose-built to support the systems, workflows, and processes of virtual trials. Science 37 has created a tech platform to digitize clinical research and clinical trials for the scientific and medical community. PPD is a leading global contract research organization providing comprehensive, integrated drug development, laboratory and lifecycle management services. Join Catalent and LumaCyte to learn how label-free analysis can provide near real-time infectivity measurements for vaccines and viral-based gene therapies. The pact allows patients using AES to go through Science 37’s Metasite, a hybrid clinical trial platform that combines traditional site visits with remote trial capabilities, “allowing patients located virtually anywhere to participate in a clinical trial,” the pair said in a statement. “Our investment underscores a belief that there are expanded services that PPD’s Accelerated Enrollment Solutions can offer to vastly improve patient enrollment rates in clinical trials through more patient-centric and data-driven recruiting efforts plus Science 37’s unique virtual trials model,” said Roger Smith, PPD Senior Vice President and General Manager of Accelerated Enrollment Solutions. Headquartered in Los Angeles, Science 37 is a technology-enabled clinical research company built by a team of doctors, scientists, and technologists whose mission is to accelerate biomedical research by putting patients first. With offices in 48 countries and more than 21,000 professionals worldwide, PPD applies innovative technologies, therapeutic expertise and a firm commitment to quality to help clients and partners bend the cost and time curve of drug development and optimize value in delivering life-changing therapies to improve health. Science 37, a Los Angeles, CA-based provider of decentralized clinical trials, closed a $40m funding round. In addition to the infusion of growth capital, Science 37 will collaborate with Accelerated Enrollment Solutions, a PPD organization that combines Acurian’s unique data science-fueled patient enrollment services with the Synexus global site network, the largest site network in the world. “By offering the Science 37 Metasite in conjunction with our existing network, we give our customers a taste of the future, while more patients will have the opportunity to participate in trials that might otherwise be unavailable due to location restrictions.”, The pair said this will also “help the fight” against COVID-19 and specifically will boost hybrid physical/virtual solutions to “rapidly recruit and enroll patients in COVID-19 vaccine trials.”, © 2020 Questex LLC. Interestingly in addition to the growth capital, it was announced that Science 37 will collaborate with PPD’s Accelerated Enrollment Solutions (a solution that combines the Acurian online recruitment database with the Synexus Global site network—which is claimed to be the “largest site network in the world.” [email protected] / [email protected] Network Oriented Research Assistant (NORA®) is their cloud-based, patient-centric mobile platform that safely and securely supports end-to-end clinical trial services from recruitment to complete “site-less” trial execution. Glassdoor gives you an inside look at what it's like to work at Science 37, including salaries, reviews, office photos, and more. Judy Smythe has been named President of Science 37, in addition to her current role as Chief Operating Officer and, in the interim, will lead the day-to-day operations, with support from the Board of Directors. Science 37® Raises $40 Million To Extend Its Leadership In The Decentralized Clinical Trial Market. Existing investors Lux Capital, Redmile Group, and PPD, Inc. (Nasdaq: PPD) led the round, and are joined by existing investors Novartis, Amgen, Sanofi Ventures, GV, and Glynn Capital. The round was led by existing investors … Craft will remain a member of the Board of Directors. HORSHAM, Pa. & LOS ANGELES-- (BUSINESS WIRE)--Accelerated Enrollment Solutions (AES), a business of PPD, Inc. (Nasdaq: PPD), and Science 37, a leader in … People-Powered Science to advance Digital health innovation revolutionizing clinical research opportunities to patients in their anywhere. Pact amid Pandemic, in conversation with: Science 37 to tap its “ ”... Research network initiate a search process to identify the next CEO require a in! By Science 37 way before the end of the Board of Directors have more than 10 clients. 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