Company Research Report: Medidata

Company Overview

• Name: Medidata, a Dassault Systèmes company

• Mission of the Company: Medidata aims to power smarter treatments and enhance public health through technology, providing unmatched data insights to improve clinical research.

• Founded: Medidata was founded in June 1999.

• Founders: Tarek Sherif, Glen de Vries, and Ed Ikeguchi.

• Key People:

• Tarek Sherif: Life Sciences & Healthcare Sector Board Chairman for Dassault Systèmes

• Anthony Costello: Chief Executive Officer

• Janet Butler: EVP, Head of Global Sales

• Tom Doyle: SVP, Chief Technology Officer

• Joe Schmidt: Chief Operating Officer

• Josh Schwartz: SVP, Chief Financial Officer

• Headquarters: New York City, NY, USA

• Number of Employees: No information is available.

• Revenue: No information is available.

• What is the Company Known For: Medidata is a leading provider of SaaS technology and data analytics solutions that support clinical research, especially known for its comprehensive platform that accelerates various stages of clinical trials.

Products

Medidata offers a suite of specialized products aimed at enhancing clinical trials through technology:

1. Medidata Platform

• Description: The only unified platform dedicated to clinical research designed to centralize clinical and operational data.

• Key Features:

• Connects patients, sites, sponsors, and CROs.

• Centralized data management and integration.

• Automation and AI techniques.

2. Rave EDC (Electronic Data Capture)

• Description: A robust system for data capture and management in clinical trials.

• Features: Advanced, secure site, patient, and lab data management.

3. Clinical Data Studio

• Description: Accelerates clinical data integration, processing, and management.

• Key Features: Automates complex workflows, integrates multiple data types.

4. Rave RTSM (Randomization and Trial Supply Management)

• Description: Randomization and trial supply management.

• Key Features: Enables changes with minimal downtime, no change orders required.

5. Medidata eCOA (Electronic Clinical Outcome Assessment)

• Description: Revolutionizes data collection in clinical trials through digital means.

• Features: Enhances data accuracy and patient engagement.

6. Medidata eConsent

• Description: Patient-friendly electronic consent system compliant with regulatory standards.

7. Medidata Sensor Cloud

• Description: Provides data ingestion and standardization from medical sensors.

• Key Features: Enables a comprehensive view of patient data.

8. myMedidata Platform

• Description: Patient portal for trial participation.

• Key Features: Allows patients to engage digitally in clinical trial activities.

Recent Developments

• New Products Launched:

• Rave Lite: A newly announced solution to support growth in early and late-stage clinical trials.

• Patient Payments: Enhances the patient experience by simplifying the payment process.

• Partnerships and Collaborations:

• Medidata's ongoing partnership with EORTC to power oncology research.

• The acquisition of several companies like Clinical Force, Mytrus, and SHYFT Analytics to expand its platform capabilities.

• Product Enhancements:

• Continuous updates to improve integration and data management features.

• Expansion of the decentralized clinical trials program to offer comprehensive trial decentralization tools.

Insights and Achievements

• Clinical Trials Experience: Medidata has conducted over 34,000 clinical trials in 140+ countries, involving over 10 million patient participants.

• Regulatory Impact: Medidata's technologies were part of 65% of the FDA's 2023 novel drug approvals.

• Industry Recognition: Medidata has been recognized with various awards, including the AI Breakthrough Award for its Intelligent Trials and Medidata Link.

Locations

Medidata has global offices in strategic locations:

• USA: New York, Iselin (NJ), Boston, Houston, San Francisco, Cincinnati, Davis, San Mateo.

• Asia-Pacific: Tokyo, Seoul, Beijing, Shanghai, Singapore.

• Europe: London, Düsseldorf.

Note: This company report encapsulates available public data about Medidata and is structured to provide a comprehensive overview without additional commentary beyond the stated information.