Clairo

Clairo

Generates clinical evidence for trials

About

Clario specializes in generating clinical evidence for medical research by combining scientific expertise with a wide range of endpoint technology. Their products support various types of clinical trials, including decentralized, hybrid, and site-based trials, allowing for flexibility in how studies are conducted. Clario stands out from competitors due to its extensive experience, having participated in nearly 19,000 clinical trials and achieved 870 regulatory approvals, which provides a high level of reliability in the data they produce. The company's goal is to empower partners in the healthcare industry to improve patient outcomes by providing comprehensive and trustworthy clinical evidence.

Company Stage

Growth Equity (Venture Capital)

Employees

5,001-10,000

Industries

Biotechnology, Healthcare

Total Funding

$29.9M

Headquarters

N/A

Founded

1972


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Simplify's Take

What believers are saying

  • Clario's confidential IPO filing aiming for a $10 billion valuation indicates strong market confidence and potential for significant financial growth.
  • The acquisition of AI-powered software company ArtiQ enhances Clario's capabilities in respiratory solutions and AI, positioning it as a leader in clinical trial technology.
  • Achieving ISO 27001 certification demonstrates Clario's commitment to information security, which is crucial for maintaining client trust and regulatory compliance.

What critics are saying

  • The competitive landscape in clinical trial technology is intense, requiring continuous innovation to maintain a leading position.
  • Integration of new acquisitions like ArtiQ could pose challenges in terms of cultural and technological alignment.

What makes Clairo unique

  • Clario's nearly 50 years of experience and extensive portfolio of 19,000 clinical trials and 870 regulatory approvals set it apart in the clinical trial technology space.
  • The company's Trial Anywhere™ portfolio, which includes decentralized, hybrid, and site-based trials, offers unparalleled flexibility and scalability.
  • Clario's recent FDA 510(k) clearance for its SpiroSphere® with wireless ECG integration showcases its commitment to innovative, patient-friendly technology.

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Growth & Insights
Headcount

6 month growth

-6%

1 year growth

-6%

2 year growth

-6%

Benefits

Competitive and equitable total rewards package

Physical, mental and financial health and wellness

Flexible working approach

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