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Science 37

#7980

Rank

$34.66M

Marketcap

US United States

Country

Science 37
Leadership team

Mr. David Coman (CEO & Director)

Ms. Christine A. Pellizzari J.D. (Chief Legal & HR Officer and Sec.)

Mr. Mike Zaranek (Chief Financial Officer)

Products/ Services
Biotechnology, Clinical Trials, Health Care, Home Health Care
Number of Employees
500 - 1000
Headquarters
Culver City, California, United States
Established
2014
Company Registration
SEC CIK number: 0001819113
Revenue
20M - 100M
Traded as
SNCE
Social Media
Overview
Location
Summary
Science 37 Holdings, Inc. provides technology-based solutions to enable agile clinical trials and decentralized approaches. Its platform enables modern and digital approaches to clinical research by bringing together all parties, including the patient and trial investigators, nurses, coordinators, and sponsors to power workflows, centralize evidence generation, and harmonize data. Its platform also provides specialized networks of patient communities, telemedicine investigators, mobile nurses, remote coordinators, and connected devices for orchestrating agile clinical trials; and extensive configuration to support virtually any phase of clinical study and any indication. In addition, the company licenses its proprietary hosted technology platform to various life science institutions. It serves large and mid-sized pharmaceutical companies, contract research organizations, academic institutions, and biotech companies. Science 37 Holdings, Inc. was founded in 2014 and is based in Research Triangle Park, North Carolina.
History

Science 37 was founded in 2014 by Noah Craft and Belinda Tan, working out of LA BioMed at Harbor-UCLA Medical Center. Their team developed the Network Oriented Research Assistant platform, also known as the NORA platform, which includes video chat, digital self-photography, data collection, and electronic consent. Together, these features were used to conduct “site-less” trials. The platform also aided researchers in finding and contacting potential participants, and scheduling trial participants for in-home activities like questionnaires, mobile nurse visits, and door-step study medicine delivery. The Operating System, as it is now known, is configurable to enable any type of study, in any indication. This industry-leading platform can be customized to activate and operationalize even the most complex clinical trials.

Science 37 received its initial round of funding in 2015, with a $6.5 million investment, co-led by Lux Capital and dRx Capital. In 2016 the company's second round of financing resulted in $31 million in funding, and a 2017 round of financing resulted in $29 million. In March 2019, Science 37 secured $35 million in Series D funding; and announced a leadership transition with David Coman coming in as CEO in November 2019. In August 2020 Science 37 closed an oversubscribed Series D $40 million funding round led by Lux Capital, Redmile Group, and PPD, Inc. . In May 2021, Science 37 announced that they are to become publicly listed via merger with LifeSci Acquisition II Corp. The transaction values Science 37 at an enterprise value of approximately $1.05 billion at closing. It also positions Science 37 with a balance sheet of up to $250 million to fund its decentralized trial technology platform, extend into new adjacencies, and power the next generation in clinical research.

Mission
Our mission at Science 37 is to advance medical research and bring potentially life saving therapies to the world faster. We propel research forward with digital-first clinical trials that make it simple and accessible for people to participate.
Vision
At Science 37®, we believe the best way to bring about change is by getting involved in scientific research. That’s why we made it available to you and everyone who wants to connect with scientists to drive positive change around the world.
Key Team

Troy Bryenton (Chief Technology Officer)

Ms. Darcy Forman (Chief Delivery Officer)

Ms. Elisa Cascade (Chief Product Officer)

Ms. Margie Gimbel Kooman (VP of Marketing & Communications)

Mr. Drew Bustos (Chief Strategy & Marketing Officer)

Mr. Jonathan Cotliar M.D. (Chief Medical Officer)

Mr. Michael Shipton (Chief Commercial Officer)

Recognition and Awards
Science 37 has won numerous awards, including the 2017 Scrip Award for Best Digital Health/E-health Company, the 2017 GSMA Glomo Award for Best Mobile and Digital Health Solution, and the 2018 Fierce Innovation Awards for Clinical Trial App. Science 37 was also named a Technology Pioneer by the World Economic Forum in 2019.
References

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Science 37
Leadership team

Mr. David Coman (CEO & Director)

Ms. Christine A. Pellizzari J.D. (Chief Legal & HR Officer and Sec.)

Mr. Mike Zaranek (Chief Financial Officer)

Products/ Services
Biotechnology, Clinical Trials, Health Care, Home Health Care
Number of Employees
500 - 1000
Headquarters
Culver City, California, United States
Established
2014
Company Registration
SEC CIK number: 0001819113
Revenue
20M - 100M
Traded as
SNCE
Social Media