2 years ago
uMed Raises £9.8 Million to Expand Clinical Trial Platform in North America
uMed, a UK-based health tech company providing a clinical trial and research platform, has secured £9.8 million in funding
The company plans to use the investment to expand its user base in North America, aiming to reach over 10 million patients by the end of the year
The funding round was led by Delin Ventures, with participation from AlbionVC, Playfair Capital, and 11.2 Capital
uMed's platform automates patient cohort discovery and facilitates patient communications during clinical trials and research
The company is currently focused on interstitial lung diseases, cardio-metabolic, and lung disease cohorts.
ProblemHealthcare
"Recruiting and managing patients for clinical trials is a slow, expensive, and inefficient process."
Solution
"uMed provides a platform that automates patient recruitment and communication for clinical trials, making it faster, cheaper, and more efficient for healthcare providers to conduct research."