News Column

DrugDev to Establish Innovation Lab

June 17, 2014

DrugDev has established the DrugDev Innovation Lab, a technology incubator designed to accelerate emerging solutions in clinical trial automation.

In a release, the Company noted the DrugDev Innovation Lab will be led by DrugDev Executive Chairman Hugo Stephenson.

Inaugural members of the DrugDev Innovation Lab via strategic partnership are SecureConsent and Applied Informatics.

"As evidenced by our acquisitions of CFS Clinical and TrialNetworks, DrugDev is passionate about providing access to disruptive technologies that change the game of how clinical research is conducted," said Stephenson. "The Innovation Lab - wholly owned and operated by DrugDev - is exciting because it will enable companies to improve their solutions and achieve their vision faster than would be possible alone. Keeping these solutions within an incubator environment allows them to adapt and evolve to meet rapidly changing market needs, while enabling customers to take advantage of these innovations with the confidence of DrugDev's significant backing and support."

Led by co-founders CEO Eric Delente and Executive Vice President of Clinical Products and Services Susan Brink, SecureConsent is a platform for capturing and managing electronic informed consent on multiple devices.

DrugDev CEO Ibraheem Mahmood said, "In Hugo Stephenson, DrugDev has a proven innovator in clinical trials. Hugo was a pioneer in Phase 4 clinical trials, redefined patient populations on Mediguard, and drove the development of the Project Coordination Center, the first-ever remote site management group at Quintiles. With his guidance, DrugDev's capital and ultra-fast software prototyping resources, the DrugDev Innovation Lab will have the freedom to create tools and acquire technology needed to change the game of clinical research."

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Source: Health & Beauty Close - Up

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