Medidata Solutions

Medidata Solutions

Cloud-based solutions for clinical trials

About

Medidata Solutions offers cloud-based solutions for managing clinical trials in the life sciences industry, serving pharmaceutical, biotech, and medical device companies, as well as academic institutions. Their main products include Rave EDC for electronic data capture, eCOA for electronic clinical outcome assessments, and ePRO for electronic patient-reported outcomes, all designed to enhance the efficiency and accuracy of clinical trials. Medidata differentiates itself from competitors by combining advanced technology with deep data insights, helping clients bring new treatments to market more quickly and cost-effectively. The company's goal is to improve patient outcomes through effective clinical trials while promoting diversity and inclusion.

Company Stage

Acquired

Employees

1,001-5,000

Industries

Enterprise Software, Biotechnology, Healthcare

Total Funding

$21.7M

Headquarters

New York City, New York

Founded

1999


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Simplify's Take

What believers are saying

  • Partnership with Cognizant expands access to AI-powered technologies.
  • Medidata Patient Payments improves reimbursement processes for trial participants.
  • Collaboration with Bristol Myers Squibb enhances personalized healthcare.

What critics are saying

  • Emerging AI-driven platforms could erode Medidata's market share.
  • Rapid AI evolution may require significant R&D investment.
  • Data privacy concerns could impact operations and client trust.

What makes Medidata Solutions unique

  • Medidata offers a unified platform for clinical trials in life sciences.
  • Their AI-driven solutions enhance patient, site, and data experiences.
  • Medidata's extensive historical data set supports data-driven decision-making.

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Benefits

Unlimited Paid Time Off

Health & Wellness

Professional Development

Work/Life Balance

Maternity & Paternity Leave

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