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"Regulatory encouragement of advanced tech, including AI will accelerate clinical trials in APAC"
BioSpectrum Asia
|BioSpectrum Asia May2024
Lokavant Holdings, a US-based clinical trial intelligence technology company provides clinical trial intelligence that enables study teams to make data-driven decisions, as well as risk-based quality management and monitoring services to pharmaceutical companies and contract research organisations (CROs).
Recently, the firm received $8 million in funding from Japanese behemoth Mitsui & Co. to bring its technology to APAC. Rohit Nambisan, CEO and Co-Founder of Lokavant, shares his perspectives with BioSpectrum Asia on the evolving clinical trial landscape in the region and the importance of digital health technologies for clinical trials.
Could you elaborate on the most prominent trends shaping the APAC clinical trials landscape?
One of Lokavant’s earliest customers, CMIC Group – the largest CRO in Japan – taught us a lot about this unique part of the world. Since then, we have received an $8 million strategic investment from Mitsui & Co. Ltd. to expand our AI-optimised platform across the Asia-Pacific (APAC) region. Today, three trends stand out:
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