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Cytel Unveiled as OneMedNet's Newest Alliance Partner
OneMedNet OneMedNet (US:ONMD) Newsfilter·2024-07-22 20:15

Core Insights - OneMedNet Corporation has entered into a data license agreement with Cytel Inc, enhancing its capabilities in providing regulatory-grade Real World Data (RWD) for clinical trials [1][2] - The partnership aims to combine OneMedNet's extensive RWD repository with Cytel's advanced analytics, facilitating innovation in trial design and observational studies across various therapeutic areas [2][3] Company Overview - OneMedNet operates a proprietary iRWD™ network that includes over 121 million clinical exams from more than 31 million patients across 1,400 healthcare provider sites [2] - The company specializes in managing diverse clinical data types, including electronic health records, laboratory results, and medical imaging, to support drug and medical device development [5][6] Industry Context - Cytel is recognized as a leader in statistical software and advanced analytics for clinical trial design, with over 1,900 resources globally [4] - The collaboration is expected to enhance the capabilities of both companies in addressing significant health challenges, particularly in areas like oncology and neurologic disorders [3][6]