Signant Health LLC
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Signant Health LLC - overview
Established
2018
Location
Blue Bell, PA, US
Primary Industry
Healthcare IT
About
Based in the US, Signant Health LLC offers advanced clinical trial technologies and services that enhance data quality and streamline clinical research processes for sponsors and Contract Research Organizations (CROs). Signant Health LLC specializes in clinical trial technologies and was founded in 2018 in Blue Bell, US. The company is led by CEO Roger Smith, who has a rich background in the healthcare technology sector. Signant Health specializes in providing best-in-class clinical trial technologies and services aimed at generating high-quality trial data.
The company’s core product offerings include electronic clinical outcome assessments (eCOA), electronic data capture (EDC), and a unified eClinical platform that integrates clinical data collection and analytics. These solutions are designed to address the critical need for clean and reliable data extraction from patients and clinical sites during trials. Signant Health serves a diverse clientele, including sponsors and Contract Research Organizations (CROs), across various geographical markets such as North America, Europe, and Asia-Pacific. Their advanced technologies leverage over 30 years of experience in the industry, assisting in the management of thousands of trials and contributing to drug approvals globally.
Signant Health operates under a structured revenue model that typically involves B2B transactions with sponsors and CROs. The company’s revenue is generated through partnerships and service agreements, encompassing both subscription-based and project-based pricing plans tailored to the needs of its clients. Key offerings such as the eCOA and unified eClinical platform are integral to this model, allowing clients to access comprehensive tools for clinical data collection and analysis. Revenue streams are derived from the implementation and support of these technologies, with clients engaging in long-term service contracts that ensure ongoing support and updates.
The firm’s established relationships with industry veterans and a proven track record of supporting numerous drug approvals further bolster its revenue-generating capabilities. Future growth plans at Signant Health include the development of new technologies aimed at improving clinical trial efficiency. The company is also looking to expand its reach into emerging markets in Asia-Pacific and Latin America by 2025. Recent funding will be utilized to enhance product offerings and support strategic initiatives targeted at these new regions.
Primary Industry
Healthcare IT
Sub Industries
Healthcare IT, Medical Software, Logistics Software, Analytics & Performance Software
Website
www.signanthealth.com/
Verticals
HealthTech, Mobile Apps
Total Amount Raised
Subscriber access only
Signant Health LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | VirTrial, LLC | - | ||||||||
| Merger | Completed | Bracket Global, LLC, CRF Health, Inc. | - |
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