Modern Trials is a healthcare startup that specializes in end-to-end solutions for clinical trial participant recruitment and retention. The company partners with healthcare organizations and uses electronic healthcare data to identify patients in need of advanced treatment options. Through a patient-first and HIPAA-compliant approach, Modern Trials matches these patients with suitable clinical trial opportunities, facilitating warm handoffs to refer qualifying patients to contract research organizations for trial enrollment on a subscription + fee-for-service basis. The company also provides ongoing support to patients throughout their trial participation.
Founded in 2019, Modern Trials operates in the Health Care and Pharmaceutical industries, aiming to extend the ability of healthcare organizations and physicians to offer cutting-edge treatments. By bringing potentially life-saving therapeutics to patients in need, the company also helps life science organizations save billions by expediting the process of filling clinical trials with more representative samples, thereby reducing time-to-market for new therapeutics.
Modern Trials' innovative approach has attracted the attention of investors, with the latest funding coming in the form of a Non-Equity Assistance investment at 21 February 2023 from FAU Tech Runway. The company is also excited to announce its inclusion as an ARPA-H CXHub member and the forthcoming launch of its Trial Recruitment Toolbox SaaS offering in 2024.