Check out the 18-slide pitch deck Lindus Health used to convince Peter Thiel to back its clinical trials platform
The London-based company has now raised around $6 million to date.Billionaire Peter Thiel has invested in a startup that aims to dramatically speed up clinical trials, bringing its total funding raised to $6 million.
The startup connects clinical teams at biotech and health tech companies with a technology platform that manages a trial, from start to finish. The platform handles all aspects of trial design, recruitment, and delivery, according to Lindus CEO Michael Young.Lindus Health's recent trial with healthcare giant Pharmanova helped to evaluate how effective a treatment for insomnia patients was, by using its platform to source patients who would otherwise be difficult to reach.
"The UK should be a world leader in clinical trials but is held back by stifling levels of bureaucracy," Young told Insider."We now lag behind countries including the US and Germany when it comes to drug approval timings."that clinical trials in the UK have fallen by 41% between 2017 to 2021. The startup aims to cull many of the hurdles in the process, by offering companies a package in which Lindus Health carries out various stages of the trial.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
This Women's Mag Is Like a Gen Z 'Cosmo' for the Far RightWith links to prominent right-wing influencers, think tanks, and even Peter Thiel, this women's magazine is positioning itself as something of a girlboss-ified Breitbart — and it's gaining ground.
Read more »
University of Utah Health, Regence BlueCross Blue Shield negotiations stall over health care costsThousands of University of Utah Health patients insured by Regence BlueCross BlueShield will be forced to find a new provider or pay out-of-network costs for care if the two groups can’t come to a deal before the end of the month.
Read more »
WATCH LIVE: Bexar County Judge Peter Sakai to give first State of the County addressWATCH LIVE: Bexar County Judge Peter Sakai will hold his first State of the County address on Wednesday morning.
Read more »
Peter Singer on animal rights, octopus farms and why AI is speciesistControversial author Peter Singer, who inspired the animal rights movement, explains why killing humanely reared animals may be a defensible ethical position and why he has rewritten Animal Liberation for the 21st century
Read more »
Peter 'Snakebite' Wright: Meet the bad boy of professional dartsSome of the best darts player from around the world will converge on Madison Square Garden this weekend. OvermyerTV reports.
Read more »
Peter Sakai: Bexar County poised to become 'regional powerhouse'Five months into the job, County Judge Peter Sakai's address to business leaders stressed an eagerness to take on some bigger projects, like addressing transportation issues and attracting businesses to the county.
Read more »