Comprehend Systems Secures $1.2MM in Seed Funding

Today we announced that we've recently closed our $1.2mm seed round, including contributions from Y Combinator, Start Fund, SV Angel, Yuri Milner, Menlo Ventures Talent Fund, Paul Buchheit, Garry Tan, Quotidian Ventures and Crosslink Capital, as well as a range of other angel investors with clinical research and enterprise sales expertise.

"The application of business informatics and analytics is relatively new to clinical research, and the visualization and reporting tools available today are either cumbersome and costly to implement or not tailored to meet the needs of this industry, which comes with complex regulatory requirements,” said Rich Enz, investor and advisor. “Backed by decades of experience in clinical research, Comprehend is working to fill a critical market need for customized tools that easily work with existing systems and enable sponsors to be more effective and strategic with their clinical data."

You can read the full press release here.

Comprehend Clinical at SCDM

The 2011 Annual SCDM conference went extremely well. We met a ton of new people, and showed off the latest Comprehend Clinical features. If you missed us there, you can still see the latest version of Comprehend Clinical by requesting a demo.

Below are a few pictures from our booth.

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We're looking forward to attending next year's SCDM Annual conference in Los Angeles. 

 

Comprehend Clinical for CROs

We've posted a presentation explaining how Contract Research Organizations (CROs) can benefit from Comprehend Clinical. It's free to download, just fill out this form. Don't worry, we won't share your details with anybody!  Here is an example slide, but you really should checkout the whole presentation!

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Download the full presentation now!


We have a couple webinars coming up, if you're interested, sign up here.  The topic is Uncovering Hidden Problems in Clinical Trial Data.

Data Trends in Clinical Trials

At the DIA meeting last month, we spent a lot of time listening to people both at our booth and at sessions, and we noticed several trends within the clinical trial industry, which we’ll try to explain here.

Metadata and Standards

While the current data standards, like CDISC, are great in many ways, there are issues around the fact that they only store data in a specific way. There is no way to take metadata that was created at different times over the study’s lifecycle and effectively track them with the CDISC standards.

Every time data is transferred, information gets lost. The most egregious data loss occurs within the metadata, and by the time data moves from protocol, to the EDC system, to the private database used for lockdown, most metadata is lost. Performing quality checks on this data is impossible, there’s no traceability. If something went wrong, did it happen in the first transition? the second?

Cross-system Integration

Integration of all of these systems ends up providing great benefits for users. Single sign-on alone allows minor but time-saving benefits. Proctor and Gamble combined their EDC and RTSM systems and saw big benefits from a modest integration.

We are now seeing EDC, CTMS, RTSM and Safety systems all becoming more interoperable. This is starting to have real impact. A data manager can be more than just a data manager, when the system they use allows them to have a better understanding of the entire operation.

Quality is King

With this type of integration, there is now the possibility of measuring quality in more effective ways.

Quality is typically measured by protocol deviation. With modern tools, it is possible to look at deviation patterns and what’s driving them. By having full integration of all clinical systems, it’s possible to do near real-time analysis of deviations, and increase quality across the board. It can take days where it used to take months to analyze across all patients.

Dashboards

With the ability to do near real-time analysis, stakeholders need ways of keeping on top of the data as it changes. Giving users a quick way to understand how their sites are progressing or how their finances are changing becomes imperative. This is where powerful and modern executive dashboards can help. A powerful dashboard can provide the ability to summarize, and then drill down into the underlying data to answer questions quickly and effectively.

Process Innovations

Near real-time dashboards mean that the fundamental processes surrounding clinical trials are changing. Advances like data-triggered monitoring and data-driven data management become a reality. It now becomes easier to identify protocol deviations, data quality issues, patient safety issues, enrollment issues, safety issues, and a ton of other potentially devastating problems.

The New Data Manager

Right now data managers act like a "monkey in the middle":

  1. Clinical monitor gives data to the data manager.
  2. The data manager hands the data off to the statisticians
  3. The statisticians complain the data is not clean enough, and give it back to the data manager
  4. The data manager interfaces with the monitor, or cleans the data manually, and gives it back to the statistician
  5. Repeat steps 3 and 4 ad nauseum

By using data-driven, trigger-based monitoring it becomes possible to keep your data clean and avoid this mess.


To learn more about the future of clinical trials, sign up for our upcoming webinar, Uncovering Hidden Problems in Clinical Trial Data.  We are the makers of next-generation reporting and visualization software, called Comprehend Clinical.

 

Drug Information Association 2011 Annual Meeting

We hosted a booth at this year's DIA 2011 Annual Meeting in Chicago.  It was very exciting to share some of our newest features with people, and to meet many new faces. The new graphic patient profiles were definitely a hit, but our other new features were popular as well.  If you missed us at DIA, please request a demo to see the latest and greatest in Comprehend Clinical.

We went with the same type of booth as DIA China, a table for demoing and a rear projected screen, which held up very well in the bright conference room.  Our giveaway were GPP T-shirts, which were also a hit!

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And of course, our modified presentation (again, by Robi Mookerjee):

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We're looking to forward to the DIA Annual 2012 in Philadelphia next year!

3rd Annual DIA China Conference

We just got back from hosting a booth at the 3rd Annual DIA China conference in Beijing.  We met a lot of interesting people, and also got some good insights into how the Chinese pharmaceutical market is progressing.  We also got a lot of great feedback on our product from people who deal with all aspects of clinical data on a daily basis.

We're looking forward to continuing our relationships with the Chinese companies that we met, and will continue improving the localization features of our software.  BTW, if you weren't already aware, Comprehend Clinical has been fully localized into Chinese and fully supports multibyte charactersets.

We decided to go with a relatively simple booth, just a large rear-projection with a demo station on the side.  Overall, it looked great and allowed us to show off a lot of movement.

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Below is the actual movie that we broadcasted onto our screen (created by Robi Mookerjee):

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Our next booth will be at the DIA Annual Meeting in Chicago, June 19th through 23rd.  If you're going, make sure to stop by booth 502.

We've finished Y Combinator!

The past several months have been very exciting for us, in part because we've been involved in Y Combinator.  If you're not familiar, it's a startup incubator based in Silicon Valley targeted at helping technology startups get off the ground.  It was founded by Paul Graham, Jessica Livingston, Trevor Blackwell, and Robert Morris, and has been features in a ton of magazines such as WSJ, Inc, Forbes, and more.

The program itself is based around a series of dinners where successful entrepreneurs and investors give off-the-record talks about their experiences starting companies, for example Mitch Kapor and Mark Benioff.  The program builds up to Demo Day, where each company presents to the top investors and technology minds from around the world.

Here are a few pictures:

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Rick, Jud, and Paul Graham at the first Demo Day session.  Since we presented first, we were out there with Paul while he gave his kickoff introduction.  Picture by Garry Tan.

 

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Rick and Jud presenting during the second session.  Picture by Robert Scoble.

 

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Rick presenting during Rehearsal Day. Picture by Garry Tan.

The whole experience has been amazing, and we highly recommend it to anybody who's thinking of starting a software company.  We made a ton of progress on our software, and are now getting ready for the upcoming conference season!

If you have any questions about YC, Comprehend Systems, or Comprehend Clinical, don't hesitate to ask!

 

Request a Demo of Comprehend Clinical

We've been hard at work adding new features to the upcoming version of Comprehend Clinical.  If you're interested in getting a sneak peak, fill out the form on the Request A Demo page, and we'll contact you to setup a WebEx.  These sessions typically last 15-20 minutes, including time at the end for Q&A. 

We're very excited to show you what we've been up to, as well as to get your feedback!

 

Comprehend Clinical at the 47th DIA Annual Meeting

Comprehend Clinical will be hosting a booth at the Drug Information Association's 47th Annual Meeting.  The meeting is going to be held in Chicago this year, from June 19th to the 23rd.

Stop by to see a demo of Comprehend Clinical's latest features.  We're going to be located at booth 502.

You can also learn more about the DIA Annual meeting on Lanyard.