Mediaiplus Inc., South Korea’s only provider of data analytics and contract research organization (CRO) matching services for clinical trials, envisions becoming Amazon.com in the clinical trials market.“Our goal is to be a global marketplace,” said Jung Jihee, chief executive and founder of Mediaiplus, during a recent interview with The Korea Economic Daily.“I want to make our platform a place where our clients can find everything they need to prepare clinical trials.” Founded in 2019, Mediaiplus is a Korean startup that provides vital data to prepare clinical trials and a matching service between a pharmaceutical company and a CRO.
With MediC, pharmaceutical and medical device-developing companies can obtain only relevant clinical trial data without worrying about any outdated data and expedite their trials.“Since 2019, we have built our accurate data assets using big data and AI technologies,” said Jung.“With AI, we mine, collect and clean data to turn them into actionable information … and provide insights.” It offers information about more than 500,000 clinical trial cases in real-time and AI-curated data on diseases, patents, research papers, drugs, companies, regulations and guidelines.
But we have such (validated) data in the region,” said Jung.“We also have been building clinical trial and researcher databases in Vietnam through an ODA program with KOICA and plan to offer similar services in other Asian countries.”The Asia Pacific region accounting for over half of the global population has emerged as a popular destination for clinical trials thanks to the region’s lower trial costs, access to large patient pools and friendly regulatory environments.
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