Cognizant’s (CTSH.Q) shared investigator platform links sponsors to clinical trials

platform
07/21/2020

Cognizant’s (CTSH.Q) shared investigator platform (SIP) has reached over 100,00 new users in 84 countries, according to a press release.

The software as a service platform has become important to progressing clinical trials, as social distancing has made face to face collaboration increasingly difficult as many of the companies using the service to push COVID-19 therapies through virtual clinical trial processes.

“The COVID-19 pandemic has brought the processes of healthcare and life sciences firms to the forefront of global attention as the need to leverage advanced technologies for faster results and better care is paramount. Our Shared Investigator Platform seamlessly enables communication and collaboration in clinical trials in areas such as site activation, document exchange, and safety notifications. Our milestone of 100,000 users across 84 countries is a testament to the value we are providing to those diligently working to accelerate innovative, effective treatments to patients in need,” said Srinivas Shankar, senior vice president and global head for Cognizant’s Life Sciences business.

Cognizant’s platform links clinical trial sponsors and medical professionals through automation and remote access technology, increasing the efficiency of drug trials and the speed by which the products are brought to market. Since its inception, seven of the world’s largest biopharmaceutical companies have come onboard to use the company’s platform.

The platform was launched in 2016 through the combined efforts of Cognizant and TransCelerate, a consortium of biopharmaceutical companies. The platform is used at over 19,000 trial-ready sites by medical and life sciences professionals. It reduces administrative difficulties that can impede development and testing of clinical therapies.

The word on Twitter has this company on an eight day run.

 

—Joseph Morton

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