NovImmune Selects Medidata Solutions' Trial Planning Products to Support Growing Pipeline
NEW YORK, NY – July 14, 2009 –
NovImmune is currently working with seven compounds in several stages of development that are expected to have applications in multiple therapeutic areas. As a result, NovImmune’s clinical trials range in size, complexity and patient population and often require engagement with multiple contract research organizations (CROs) with varying and highly specialized areas of expertise. To improve trial planning, streamline contract negotiation and control costs, NovImmune chose to leverage Medidata Grants Manager – a solution built on Medidata’s exclusive PICAS® database, enabling fast and accurate budget forecasting for clinical sites – and Medidata CRO Contractor – built on the exclusive CROCAS® database, providing a clear framework for budget negotiation with CROs.
“Specializing in both immunology and biologics, we’re working within two of the fastest-growing areas of drug development,” said Jack Barbut, CEO, NovImmune. “Medidata’s trial planning tools are key to our ability to prioritize and make critical decisions about our strategy for multiple clinical development programs – from size to locations to cost to timing – so that we’re better equipped to manage and drive our pipeline.”
NovImmune has already experienced the benefits of Medidata’s trial planning products in developing a task and activity plan, using CRO Contractor for an important study where a CRO was engaged. The use of CRO Contractor enabled clear understanding and consensus on the tasks to be conducted, followed by expeditious agreement on the pricing based on the CRO Contractor benchmark costs.
NovImmune is also implementing Medidata Designer, which enables the standardized development of study protocols and simultaneous capture of all protocol metadata in a structured, CDISC ODM certified XML file that can be reused to rapidly set-up downstream systems, such as electronic data capture (EDC). As study protocols are developed, data extracted from Grants Manager’s PICAS repository enables ongoing evaluation of trial cost. As a result, NovImmune will be able to understand sites’ costs of executing the protocol as it is being developed.
“NovImmune is working to meet a critical market need with its focus on biologics and immunology, and we are pleased to support its efforts to improve the efficiency of its clinical development processes,” said Tarek Sherif, CEO of Medidata Solutions. “Medidata’s trial planning products will enable NovImmune to continue to make informed and strategic decisions about the therapies the company chooses to pursue and the varying resources they will need to be successful in clinical development.”
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