Transparency Life Sciences

Biotechnology, Clinical Trials, Crowdsourcing, Pharmaceutical
Founded in 2012-01-01
New York, New York, United States
For Profit

About Transparency Life Sciences

Transparency Life Sciences, the first all-digital clinical development services company, harnesses crowdsourcing and mobile health technology to advance biopharma drug candidates through clinical trials with unprecedented patient relevance and efficiency. The TLS model is highly scalable and is designed to increase current industry margins of a wasteful process that often collects irrelevant data. Drug companies will outsource an estimated $38B of clinical trial services to CROs by 2020, with a CAGR of 9-10%. Yet this robust growth masks significant customer dissatisfaction. Sponsors want clinical trials to be better-designed, technologically advanced, patient-centric, and significantly less expensive, yet change has been limited by an inability to see beyond the current outmoded, site-centric model. As a consequence, only select compounds are being developed in humans, leaving many potential important therapies untested in clinical trials. Rapid advances in digital technology and strong regulatory support create a historic opportunity for TLS to catalyze a fundamental transformation, significantly improving the quality of clinical trials while reducing their cost.

Company Metrics

  • Employees: 1-10
  • Monthly Visits: None
  • Tech Stack: 17 active products

Financial Information

  • Estimated Revenue: Less than $1M
  • Total Funding: 5000000 USD
  • Last Funding: 5000000 USD (Series A)
  • Funding Status: Early Stage Venture

Technology Stack

Transparency Life Sciences actively uses 17 products in their tech stack.

Market Presence

Industries: Biotechnology, Clinical Trials, Crowdsourcing, Pharmaceutical

Headquarters: New York, New York, United States