Pharmatech and Cure Forward to Accelerate Oncology Clinical Trial Enrollment
New collaboration to connect more patients to relevant clinical
trials to accelerate approval of new cancer therapies
Pharmatech, Inc., with its large network of research-oriented oncology
practices, announced today a new collaboration with Cure Forward, a
patient activation company. Pharmatech will access Cure Forward s large
network of cancer patients to identify clinical study candidates.
Through the collaboration, the two companies aim to make clinical trials
more accessible in community healthcare settings and support
faster approval of targeted therapies for cancer patients.
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According to an Institute of Medicine study in 2010, 85% of oncology
patients are unaware that trials are an option to consider. Cure Forward
disrupts conventional patient education resources and trial-recruiting
approaches by providing a streamlined portal at the point of care for
Pharmatech s broad network of community oncology providers,enabling
Pharmatech to target recruitment for clinically relevant cancer therapy
trials to patients who meet enrollment criteria, but otherwise have more
limited awareness of trials than patients connected to comprehensive
academic medical centers.
Through Cure Forward s website, patients can retrieve diagnostic test
results ordered by their physicians from accredited clinical laboratory
test providers, and then use that data to access educational
information, collaborate with other patients, and enable their
de-identified data to support more precise and real-time investigation
of available treatment options, including invitations to participate in
relevant clinical trials. Pharmatech has developed the unique capability
to establish clinical trial sites in as few as 10 days at the point of
care in communities.
Clinical trial recruiters have long struggled to identify sufficient
numbers of patients that meet enrollment criteria, and this divide has
become more challenging with the increased development of targeted
oncology therapies, said Rob Bohacs, CEO of Pharmatech. We recognize
the broad value of making trials more visible and available to eligible
patients, wherever they are. Accessing Cure Forward s patient community
complements our innovative site deployment capabilities, so that our
investigators can enroll eligible participants and complete their
studies.
With its unique clinical trial matchmaking technology, Cure Forward
inverts conventional approaches to trial recruitment by bringing trial
invitations directly to patients. The Clinical Trial Exchange is Cure
Forward s first revenue-generating line of business, drawn from fees
charged to trial recruiters. Following an initial collaboration phase
during which Pharmatech and Cure Forward will optimize the Clinical
Trial Exchange system, Pharmatech will become a commercial user of the
platform as a recruitment tool for its advanced clinical trials.
At Cure Forward, we believe that every patient deserves to access to
cutting-edge therapies through clinical trials. Our partnership with
Pharmatech will create more opportunities for the patients who access
the Cure Forward platform to accelerate clinical development, so that
new targeted therapies get to the right patients more quickly, said
Martin Naley, CEO of Cure Forward.
About Cure Forward
Cure Forward is built on the desire to help patients identify and better
understand relevant treatment options for their condition by bridging
the gap for patients and precision medicine, beginning in cancer.
Through our website, patients can become champions of their own care,
work more effectively with care providers and make more informed choices
toward the best treatment paths. As a multisided platform, the company
overcomes inefficiencies that currently separate patients from the
insights and options that can shape their care and support their
treatment journey. Cure Forward solves critical business needs for its
diagnostic laboratory, health care provider, and clinical trial
partners, including the potential to fill trials more quickly through
its unique clinical trial exchange. Cure Forward is based in Cambridge,
Massachusetts and was incubated and launched by Apple Tree Partners, a
leading healthcare venture capital firm headquartered in New York City.
About Pharmatech Oncology
Pharmatech, Inc. is an oncology Contract Research Organization (CRO)
that accelerates the drug development process by solving the most
critical challenge facing oncology clinical trials site activate and
enrollment timelines. Through an organized network of cancer clinics,
the company focuses on advancing the development of products for a broad
range of pharmaceutical and biotechnology companies, and on promoting
the inclusion of clinical trials in the spectrum of patient treatment
options.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151001006487/en/
Media:
For Cure Forward:
Coltrin Associates
Jennifer
Webb, 212-221-1616
Jennifer_webb@coltrin.com
Copyright Business Wire 2015Business WireOctober 1, 2015 - 12:17 PM EDTNews by QuoteMediawww.quotemedia.com
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