Sunday, August 12, 2012

Numoda Corporation: Client Success


Client Success
Our norms beat the industry by an improved rate of more than 50% in every major area of the clinical trial process. From enrollment, to speed and data quality, to the overall success rate, Numoda Technologies’ results speak for themselves.
The results - Some metrics
NormsIndustryNTImproved
SUCCESS RATE:
In Phase III Clinical Trials
59%(1)
(50% in oncology)
>90%>53%
ENROLLMENT:
Percent of invalid patients enrolled
7.5% (EDC)-15%(paper)(2) <1%>86%-93%
DATA QUALITY:
Queries/page of patient data
1(3)<0.4>60%
SPEED:
Study database start-up
Time needed to database lock
after last patient data
51.5 days(4)

>65 days(3)
<21 days

Hours
>62%

>30X
(1) Lehman Brothers, 2006 “Late-Stage R&D Productivity: A Lehman Look at European Pharma R&D.”
(2) Dr. Thomas Bart, “Comparison of Electronic Data Capture with Paper Data Collection,” Pharmwatch, 2003.
(3) Kola and Landis, “Can the pharmaceutical industry reduce attrition rates?;” Nature Rev Drug Discovery. 3, 711-715 (2004); Practical Guide to Clinical Data Management, Second Edition, p. 66; INC Research.
(4) Fitzmartin RD, Drug Information Journal 2001; 35:671-679
Our libraries of case histories are full of countless tales of trials rescued, such as these:
  • Having failed two clinical trials based on data inconsistencies, a biopharma, after running a new trial with our services, was able to receive FDA approval which led them to $200MM in annual sales.
  • A medical device company with 6,000 queries, 600 SAEs and a previous FDA failure was able to receive FDA approval in addition to $400MM deal with Johnson & Johnson after partnering with us.
  • A biotech that had failed 50% of all its trials completed a successful trial and thereafter was able to secure $1.4 billion partnership with GlaxoSmithKline as a result of our partnership.
We pride ourselves on the successes of our clients.

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