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Caidya

Global CRO delivering end-to-end clinical development

Overview

Caidya is a global contract research organization that provides outsourced clinical development services for biopharmaceuticals and medical devices. It covers pre-IND strategy, early- and late-stage trials, regulatory submissions, and post-marketing surveillance, offered through flexible models like standalone projects, full-service partnerships, and FSP arrangements. Its Clarity platform combines data from multiple systems for near real-time trial visibility and it integrates with Medidata Rave and Veeva to support trial delivery. The merged heritage of Clinipace and dMed Global, led by Dr. Lingshi Tan, gives a broad North America–Asia-Pacific footprint and deep expertise in oncology, rare diseases, cell and gene therapy, dermatology, and cardiology, with the goal of helping clients bring therapies to market efficiently and compliantly.

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About Caidya

Simplify's Rating
Why Caidya is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsConsultingEnterprise SoftwareHealthcare

Company Size

201-500

Company Stage

Growth Equity (Non-Venture Capital)

Total Funding

$322.2M

Headquarters

Morrisville, NC

Founded

2003

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Simplify's take

What believers are saying

  • Rubicon Founders’ $165 million investment in 2025 supports hiring, systems, and integration.
  • August 2026 Caidya cited stronger demand in cell therapy, rare disease, and pharmacovigilance.
  • Michael Clay’s February 2026 COO appointment strengthens delivery across over 50-country trials.

What critics are saying

  • CRO consolidation pressure from IQVIA, Parexel, and Fortrea squeezes mid-market pricing in 2026.
  • China execution exposes Caidya to NMPA shifts, data-transfer rules, and geopolitical scrutiny.
  • If Simbec-Orion integration misses synergies, the combined platform loses credibility and contract wins.

What makes Caidya unique

  • 2026 combination with Simbec-Orion adds early-phase pharmacology to Caidya’s global execution.
  • Caidya spans Europe, Americas, Asia-Pacific, and China with bilingual regulatory teams.
  • Its China bridging and APAC depth target sponsors needing localized execution across complex trials.

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Funding

Total Funding

$322.2M

Above

Industry Average

Funded Over

10 Rounds

Growth Equity Non VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity Non VC Funding Comparison Coming Soon

Benefits

  • Remote Work Options

Growth & Insights and Company News

6 month growth

-2%

1 year growth

-2%

2 year growth

-1%
Business Wire
Jul 1st, 2026
Caidya Announces Strategic Combination with Simbec-Orion Bridging Early Scientific Insight and Global Clinical Execution

Caidya today announced a strategic combination with Simbec-Orion designed to close the divide between early scientific insight and global clinical execution....

Associated Press
Feb 17th, 2026
Caidya appoints Michael Clay as COO to strengthen global clinical trial operations across Asia-Pacific

Caidya, a global clinical research organisation, has appointed Michael Clay as chief operating officer. Clay will oversee global operational delivery, client engagement and execution strategy across the US, Europe and Asia-Pacific. Clay brings extensive experience leading global clinical programmes across more than 60 countries, with particular expertise in Asia-Pacific operations. Most recently, he served as senior vice president of Global Project Delivery at Fortrea, where he managed over 500 global clinical trials. The appointment strengthens Caidya's operational capabilities, particularly in China and the broader APAC region. Caidya operates in more than 20 countries and conducts studies across over 50 countries, focusing on complex therapeutic areas including oncology, haematology and rare diseases.

Business Wire
Jan 16th, 2025
Caidya Announces $165 Million Strategic Growth Investment From Rubicon Founders

Caidya today announced the closing of a strategic growth investment of $165 million from funds managed by Rubicon Founders.

Business Wire
Jan 13th, 2025
Caidya Announces $165 Million Strategic Growth Investment From Rubicon Founders

Caidya announces $165 million strategic growth investment from Rubicon Founders.

FinSMEs
Jul 10th, 2021
dMed-Clinipace Closes US$50M Series C+ Financing

dMed-Clinipace, a Shangai, China- and Morrisville, NC-based global full-service Clinical Contract Research Organization (CRO), closed a US$50m Series C+ financing. The round was led by Springhill Fund, with participation from funds managed by Rock Springs Capital and Superstring Capital. They joined Series C lead investor Fidelity Management and Research Company LLC as well as other new […]

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