PALO ALTO, Calif.– Medable Inc., the leading technology platform for clinical trials, today announced Medable Studio, an all-in-one application for configuring, translating, validating, and launching eCOA Plus (eCOA, eConsent, Televisit, Sensors) into clinical trials. Studio is a no-code suite that simplifies the complex eCOA launch process, giving biopharmaceutical companies greater control and transparency for faster study go-live and earlier patient enrollment. Customers choose between self-service, full-service, or a combination of options, all providing increased time and cost efficiency.
Medable Studio enables protocol-fit study designs, formerly requiring months to configure and translate, to be created in hours. Studio’s intuitive interface makes it easy for non-technical users to rapidly build and launch complex clinical trials, while Medable’s cloud platform ensures sponsors are always working on the latest set of capabilities. Studio disrupts the professional services-dependent eCOA industry by making an opaque process transparent, increasing control, transparency, and speed—benefits only a technology-first solution can provide.
“Medable Studio upends the traditional study build/test/launch process by streamlining it using intelligence and automation,” said Tim Smith, Medable Chief Technology Officer and co-founder. “With Medable Studio, timelines shift from weeks and months to just days. Customers described Studio as a quantum leap in speed, scale, and quality, and it empowers sponsors with complete visibility and control over the entire process.”
“This is just the start to transforming how evidence is generated,” said Michelle Longmire, CEO and co-founder of Medable. “Medable Studio is where trial teams go to create. It allows for greater scalability, efficiency gains, and better, protocol-fit science. Studio will set new benchmarks for trial execution and ultimately advance our mission to enable effective therapies to reach patients faster by reducing trial start-up timelines and cost.”
Medable, which ranked in the top 8% of software companies on the 2023 Inc. 5000, has deployed its software-as-a-service platform in more than 300 decentralized and hybrid clinical trials in 60 countries, serving more than one million patients and research participants globally. Customers have achieved impressive results – including 200 percent faster enrollment and 50 percent cost reductions. A Tufts CSDD study shows that, on average, decentralized trials can achieve net financial benefits from five to 13 times for Phase II and Phase III trials, equating to roughly $10 million ROI and $39 million ROI for an investment on average of $500K in Phase II and $1.5M in Phase III trials, respectively.
