4G Clinical offers Prancer RTSM®, a software solution for randomization and trial supply management that enhances clinical trial efficiency by allowing for flexible mid-study adjustments and minimizing supply waste. Their 4C Supply® tool helps clinical supply managers predict patient demand and assess supply chain risks, addressing the challenges of stock-outs and waste in increasingly complex trials.
Funding
$30.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Clinical trials often face challenges in efficiently managing randomization and trial supplies, leading to potential delays, increased costs, and supply waste. Traditional systems lack the flexibility to adapt to mid-study changes and accurately predict patient demand, resulting in stock-outs or oversupply of medication.
Solution
4G Clinical offers a suite of software solutions, including Prancer RTSM® and 4C Supply®, designed to optimize randomization and trial supply management (RTSM) in clinical trials. Prancer RTSM® is an Interactive Response Technology (IRT) solution that supports complex trial designs and enables rapid mid-study configuration changes without disrupting the trial. 4C Supply® helps clinical supply managers project patient demand, surface supply chain risks, and model various scenarios to minimize waste and avoid stock-outs. These tools enhance clinical trial efficiency by providing flexibility, improving supply forecasting, and ensuring seamless protocol execution.
Target Audience
The primary target audience includes clinical supply managers, pharmaceutical companies, and clinical research organizations (CROs) involved in the execution and management of clinical trials.
Features
- Prancer RTSM®: Interactive Response Technology (IRT) for randomization and trial supply management.
- Rapid deployment: Iterate on RTSM builds early with shorter specifications.
- Mid-study flexibility: Execute faster mid-study configuration changes without disruption.
- 4C Supply®: Supply chain risk assessment and patient demand projection.
- Scenario modeling: Assess the impact of trial decisions on the supply chain.
- Data visualization: Verify supply assumptions and expectations with powerful visualizations.
- Integration: Live integrations with other eClinical software platforms.