YPrime

YPrime

eClinical solutions for clinical trial management

About

YPrime provides electronic Clinical Outcome Assessment (eCOA) and Interactive Response Technology (IRT) systems for the pharmaceutical and biotech industries, which are essential for managing clinical trials. Their eCOA solutions allow for efficient electronic collection of patient data, while IRT systems handle randomization and drug supply logistics. YPrime differentiates itself by focusing on the specialized and regulated market of clinical trial technology, partnering with large pharmaceutical companies and contract research organizations. The company's goal is to enhance data quality, reduce costs, and speed up the time to market for new medical treatments.

Company Stage

Seed

Employees

201-500

Industries

Biotechnology, Healthcare

Total Funding

$10M

Headquarters

Malvern, Pennsylvania

Founded

2006


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Simplify's Take

What believers are saying

  • Growing demand for decentralized clinical trials boosts YPrime's market potential.
  • Integration of AI in clinical trials offers new opportunities for YPrime.
  • Wearable technology in trials creates data collection opportunities for YPrime.

What critics are saying

  • Emerging eClinical solution providers increase competition for YPrime.
  • Rapid tech advancements require continuous R&D investment from YPrime.
  • Data privacy regulations pose compliance challenges for YPrime.

What makes YPrime unique

  • YPrime's eCOA 7.0 platform is revolutionary in clinical trial data collection.
  • The company is recognized as a trailblazer in patient engagement solutions.
  • YPrime's acquisition of Tryl enhances its capabilities in decentralized clinical trials.

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