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Sitero Acquires Clario’s eClinical Technology Suite to Enhance Clinical Trial Delivery

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MIAMI, Aug. 1, 2023 /PRNewswire/ — Sitero, a next-generation, site-focused CRO and a leading provider of clinical trial solutions, is thrilled to announce its recent acquisition of an advanced technology suite designed to manage the end-to-end clinical trial lifecycle. This strategic acquisition underscores Sitero’s commitment to staying at the forefront of innovation and providing its clients with unparalleled technology-enabled support and services.

The newly acquired eClinical technology suite will be integrated with Sitero’s existing Mentor platform with plans to invest heavily in AI to further streamline the clinical trial process from start to finish. Equipped with state-of-the-art features and functionalities, this combined suite offers an array of tools designed to enhance efficiency, accuracy and quality of data across the site, CRO and Sponsor lifecycle of clinical trials.

Key components of the technology platform include:

  • Electronic Data Capture (EDC) and System: This advanced EDC software enables real-time data collection, management, and analysis, improving accuracy and reducing administrative burdens. The EDC system ensures seamless data integration and compliance with regulatory standards.
  • Randomization and Trial Supply Management (RTSM): This purpose-built, end-to-end, configurable RTSM solution is easy to integrate, can support rapid study start-up, and provides the functionality required to meet the level of complexity of all types of clinical trials.
  • Clinical Trial Management System (CTMS): The CTMS platform provides access to a full-featured solution with rapid deployment capabilities, while minimizing the risk associated with a significant upfront investment.
  • eTMF: The eTMF clinical trial software can get up and running quickly and efficiently. It maximizes value, minimizes headaches, and meets all regulatory requirements, from support for the most recent DIA Reference Model to 21 CFR Part 11 compliance to a complete audit trail.
  • eConsent: The eConsent system is built from the ground up for the way clinical trials are run today by turning a regulatory checkbox into a powerful tool for engagement that can accelerate study completion and improve patient experience.
  • Site and Patient Payments: This technology-driven software offers the industry’s only purpose-built, fully integrated, and end-to-end clinical trial financial software solution that provides fast, accurate insight from forecast to final payment.

“This acquisition supports our mission to advance clinical research with a next-generation, technology-enabled delivery model. We are excited about the opportunity this provides Sitero to achieve our near- and long-term goals of changing how trials are run through technology enabled solutions,” said Sankesh Abbhi, CEO at Sitero. “This acquisition expands our clinical offerings with a flexible and user-friendly suite of clinical technology solutions that we expect to further strengthen the foundation of our Mentor technology platform.”

The Clario eClinical product suite will be rebranded and integrated into the established Sitero Mentor platform. Sitero Mentor will continue to support the existing Clario customer base while further developing innovative Clinical solutions for new customers as well.

Commenting on the sale, Chris Fikry, CEO of Clario said “Our clinical trial solutions business provides important support and services for our sponsors looking for an end-to-end solution for their clinical trial. Following a strategic review of the business, Clario determined the best path forward is a sale to Sitero. Sitero will be able to provide the strong strategic support the business needs to grow and Clario looks forward to maintaining a partnership with the business going forward.”

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For more information about Sitero and its comprehensive suite of clinical trial solutions, please visit www.sitero.com or contact us at [email protected]

Logo – https://mma.prnewswire.com/media/2013928/Sitero_Logo.jpg 

Cision View original content:https://www.prnewswire.co.uk/news-releases/sitero-acquires-clarios-eclinical-technology-suite-to-enhance-clinical-trial-delivery-301889743.html

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Blockchain Press Releases

HTX Appoints Singapore National Goalkeeper Hassan Sunny as Chief Safeguarding Officer

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SINGAPORE, June 15, 2024 /PRNewswire/ — HTX, a leading cryptocurrency exchange, proudly announces the appointment of Singapore national football team goalkeeper Hassan Sunny as Chief Safeguarding Officer.

“The partnership between HTX, the ‘People’s Exchange’, and Hassan Sunny, the ‘People’s Goalkeeper’, is a perfect match,” said Justin Sun, Member of the HTX Global Advisory Board. “Together, we will work to ensure the safety and security of user assets in the ever-evolving crypto world. Just as Sunny fearlessly protects his goal on the field, HTX is committed to protecting every user’s assets with the same determination and resolve, providing the safest and most reliable investment environment possible.”

Sunny also expressed his excitement about joining the HTX family, stating “I am excited to be part of HTX. I can’t wait to embark on this journey with the team.”

Sunny has been called a national hero in China for his outstanding performance in the final group match of the first round of the 2026 FIFA World Cup Asian Qualifiers against Thailand on June 11th. Despite facing relentless attacks, Sunny made an incredible 11 saves, including a crucial one in stoppage time. Singapore ultimately lost the match 1-3, but their result helped China qualify for the next round at the expense of Thailand.

About HTX:

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Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies – “global development, technology drives development, and technology for good” underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts.

 

View original content:https://www.prnewswire.co.uk/news-releases/htx-appoints-singapore-national-goalkeeper-hassan-sunny-as-chief-safeguarding-officer-302173558.html

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Blockchain

New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund

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Helsinki-based Equilibrium Ventures (EQV), a new seed-stage venture capital fund focused on the crypto sector, has successfully closed the first round of its €30 million fund, raising €6 million from limited partners (LPs). This milestone highlights growing interest in blockchain startups and a promising future for the European crypto ecosystem.

The fund is led by an experienced team of partners: Mika Honkasalo, Henrik Sundvik (formerly of Bain & Company), and Christopher Ahn (ex-Molten Ventures investor). Equilibrium Ventures aims to attract and support founders with deep technical expertise in blockchain technologies, covering areas such as zero-knowledge proofs and smart contracts, essential for developing advanced blockchain solutions.

Equilibrium Ventures has attracted a diverse group of backers, including strategic investors, family offices, and notable LPs like Sebastien Borget, co-founder of the metaverse platform The Sandbox. This support underscores the fund’s credibility and signals growing confidence in crypto investments despite recent market challenges.

Dedicated to crypto infrastructure, Equilibrium Ventures emphasizes rigorous technical due diligence and value addition for pre-seed and seed engineering firms. With a network of about 70 blockchain engineers, mainly based in Europe, the fund is well-positioned to help startups develop robust blockchain technologies.

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The renewed interest in venture capital investment in blockchain, bolstered by evolving regulatory landscapes in the US and Europe, is expected to increase investor confidence in the crypto sector. Equilibrium Ventures, with its technical expertise and strategic support, is poised to become a significant player in Europe’s crypto venture scene.

Looking ahead, Equilibrium Ventures aims for a second close by the end of this summer, targeting 80% of the total fund. This progress indicates strong momentum and the potential for significant contributions to the European blockchain ecosystem.

Source: arcticstartup.com

The post New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund appeared first on HIPTHER Alerts.

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Riot Platforms Acquires 14% Stake in Bitfarms Ltd.

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Riot Platforms, Inc. has announced its acquisition of a 14% stake in Bitfarms Ltd., as detailed in a recent press release by Riot Platforms. This move aligns with Riot’s strategy to influence corporate governance within Bitfarms.

Acquisition Details

On June 13, 2024, Riot Platforms purchased 1,432,063 common shares of Bitfarms Ltd., representing about 0.35% of Bitfarms’ issued and outstanding common shares. The shares were bought on the Nasdaq Stock Market and other open markets at an average price of approximately $2.70 per share, totaling $3,870,293.46.

Before this acquisition, Riot held 56,194,973 common shares of Bitfarms, equating to 13.65% ownership. With the new shares, Riot now holds 57,627,036 common shares, resulting in a 14% stake in Bitfarms.

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Strategic Intentions

Riot Platforms intends to call a special meeting of Bitfarms’ shareholders to nominate several independent directors to the board, citing concerns over Bitfarms’ corporate governance. Riot seeks to influence Bitfarms’ strategic direction and enhance its governance standards.

Riot is continuously reviewing its investment in Bitfarms and may adjust its position based on factors such as market conditions and the company’s financial status. Potential actions include increasing or decreasing its stake, entering into hedging transactions, or proposing additional strategic measures.

Forward-Looking Statements

The press release includes forward-looking statements subject to risks and uncertainties, reflecting Riot’s current expectations and assumptions. Riot cautions investors to consider these risks before making investment decisions.

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Riot’s vision is to become the leading Bitcoin-driven infrastructure platform, focusing on a vertically integrated strategy with Bitcoin mining operations in Texas and electrical switchgear engineering in Colorado.

Source: blockchain.news

The post Riot Platforms Acquires 14% Stake in Bitfarms Ltd. appeared first on HIPTHER Alerts.

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