Selected for bringing significant technological innovation to the startup stages in clinical trials
SAN FRANCISCO, February 18, 2016 -- goBalto, Inc., the leading provider of cloud-based clinical study startup solutions, has been announced as a winning Cloud Trailblazer in the 2015 Tech Trailblazers Awards. This distinction is in recognition of goBalto's purpose-built SaaS platform for starting clinical trials, which tracks milestones on the critical path, and provides document workflow management capabilities in a transparent, regulatory-compliant, and user-friendly way.
Study Startup (SSU) refers to a series of steps performed before a clinical trial begins. These typically include activities such as country selection, pre-study visits, site selection and initiation, regulatory document submission, contract and budget negotiations, and enrolling the first patient. Since each of these steps has multiple components, delays in study timelines are commonplace.
This recognition comes on the heels of goBalto's tremendous market acceleration in 2015. In the last year, goBalto has seen a dramatic spike in customer usage and adoption. The number of studies started in Activate has tripled, and there was a 40-times increase in usage by investigative sites. With recent multiple enterprise expansion's goBalto now services three of the top 5 CROs and more than two-thirds of the top 20 pharma's, managing their clinical trial documents globally, representing > 70% of clinical trial sites in phase II & III of the top 25 pharma companies.
"Being named a Tech Trailblazer in the cloud category underscores our innovative approach to streamlining the historically inefficient and error prone startup stages in clinical trials," said Sujay Jadhav, goBalto's CEO. "The need for a simplified and cost-effective cloud infrastructure that can integrate with other eClinical solutions and support globally dispersed clinical research teams is paramount in an industry that is hampered by legacy IT infrastructure."
The Tech Trailblazer finalists were selected through an initial judging round determined by a diverse panel of technology industry experts. The winners were then decided by the voting tech public and revisited by the judging panel.
Rose Ross, Chief Trailblazer said, "On behalf of the team and esteemed international judging panel, I congratulate all the winners of the Tech Trailblazers Awards. We were greatly impressed by the ingenuity and innovation shown in the entries. Winners of this year's Tech Trailblazers Awards are some of the most exciting enterprise tech startups making an impact in the business world today."