Vial

Vial

Technology-driven clinical trial management services

About

Vial operates in the clinical trials market as a technology-driven Contract Research Organization (CRO). It helps pharmaceutical and biotechnology companies conduct clinical trials more efficiently and at a larger scale. Vial's main product is the Vial Technology Platform, which replaces traditional paper-based methods with connected systems and an intuitive design, allowing for smoother transitions between different trial phases. This platform streamlines the entire clinical trial process. A key feature that sets Vial apart from its competitors is its fixed-fee pricing model, which provides clients with cost certainty and encourages the company to complete trials as efficiently as possible. Vial also contributes to the industry by publishing white papers on relevant topics, showcasing its thought leadership. The company's goal is to empower scientists to cure all human diseases by delivering faster and more efficient clinical trials.

Company Stage

Series B

Employees

51-200

Industries

Biotechnology, Healthcare

Total Funding

$65.2M

Headquarters

San Francisco, California

Founded

2020


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Simplify's Take

What believers are saying

  • Vial's partnership with Mason enhances remote management of clinical trial devices.
  • The 'First in Human' podcast boosts Vial's brand visibility and industry influence.
  • Vial's fixed-fee model maximizes ROI for clients, encouraging efficient trial completion.

What critics are saying

  • Emerging competition from companies like Avicenna could challenge Vial's market position.
  • Failure to integrate HEOR could affect the marketability of therapies developed by Vial.
  • Rapid advancements in gene-editing technologies may require Vial to adapt its methodologies.

What makes Vial unique

  • Vial uses a proprietary technology platform to streamline clinical trial processes.
  • The company offers a fixed-fee pricing model, providing cost certainty for clients.
  • Vial publishes industry-leading white papers, establishing thought leadership in clinical trials.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%

Benefits

Unlimited PTO

Health, dental & vision

Paid parental leave

Remote-first culture

Competitive Equity Compensation

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