Investor Relations
ClinPhone is a leading specialist provider of technology solutions to the clinical trials industry. The market in which ClinPhone operates is large and growing, driven by the expanding use of technology and the increasing complexity of clinical trials.
Traditionally, clinical trial data has been collected using paper based methods and the market has been slow to take advantage of new technology. ClinPhone’s technology reduces the cost and duration of running clinical trials and improves the accuracy, integrity and consistency of data collected. ClinPhone’s services are driving the transfer from paper to technology in this market and, given the clear advantages of the use of technology solutions over paper based methods, the use of technology in clinical trials will continue to increase in the future.
Since being founded in 1993 the group has developed technology and business know-how around the use of the telephone and Internet to efficiently randomize patients, manage trial medications and to collect, aggregate, analyze and report clinical trials data in real time. ClinPhone’s technology replaces traditional methods of managing data and improves the economics and the effectiveness of a clinical trial. ClinPhone has a strong brand in the clinical trials industry and provides services to 16 of the 20 largest pharmaceutical companies by revenue, as well as leading biotechnology companies and clinical research organizations. To date, ClinPhone has collected data from over 2000 clinical trials across 90,000 investigator sites in 88 countries and has provided its systems in over 70 languages and dialects.
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