RxE2 utilizes community pharmacists and a proprietary technology platform to streamline patient recruitment, medication dispensing, and counseling for clinical trials. This approach addresses the high costs and lengthy timelines traditionally associated with clinical research, making trials more accessible and efficient for pharmaceutical and biotech companies.
Funding
$3M 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
Traditional clinical trials face challenges related to high costs, lengthy timelines, and difficulties in patient recruitment, which can hinder the development of new treatments and therapies. Pharmaceutical and biotech companies need more efficient and accessible ways to conduct clinical research to accelerate medical advancements.
Solution
RxE2 offers a technology platform that connects pharmaceutical and biotech companies with a network of community pharmacies to streamline patient recruitment, medication dispensing, and patient counseling for clinical trials. By leveraging the established relationships between community pharmacists and their patients, RxE2 enables more efficient and cost-effective clinical trials. The platform incorporates AI-driven analytics to provide real-time, personalized insights, ensuring data integrity and compliance with industry standards. RxE2 functions as a Pharmacy Research Organization (PRO), collaborating with sponsors, CROs, and clinical sites to enhance the productivity and efficiency of clinical trials.
Target Audience
The primary customers are pharmaceutical and biotech companies, clinical research organizations (CROs), and clinical sites seeking to improve the efficiency and accessibility of clinical trials.
Features
- AI-powered platform for real-time data analytics and personalized insights
- Streamlined patient recruitment through community pharmacy network
- Integrated medication dispensing and counseling services
- CFR Part 11 and HIPAA compliance for data security and integrity
- Collaboration tools for sponsors, CROs, and clinical sites
- Access to a diverse patient population through community pharmacies
- Capability to process millions of records and perform thousands of medical queries