| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
62 |
| Employees |
1,680 |
| Revenues (TTM) (Millions $) |
685 |
| Net Income (TTM) (Millions $) |
44 |
| Cash Flow (TTM) (Millions $) |
34 |
| Capital Exp. (TTM) (Millions $) |
54 |
Business Description
Medidata Solutions Inc. is a software and technology company that provides cloud-based solutions for clinical research and development in the pharmaceutical, biotech, and medical device industries. The company was founded in 1999 by Glen de Vries and Tarek Sherif and is headquartered in New York City, with additional offices in Europe, Asia, and South America.
Medidata provides a range of products and services to its clients for clinical trial management, data capture and management, patient engagement, and analytics. Their platform, known as the Medidata Clinical Cloud, is an end-to-end solution that covers the entire clinical trial process from protocol design to regulatory submission. The Cloud includes various applications, such as Medidata Rave EDC, Medidata Balance, Medidata Edge, Medidata Sensor Cloud and more.
One of the company's core products is Medidata Rave, an electronic data capture (EDC) system that allows researchers to capture, store, and analyze clinical trial data. Another key offering is the Medidata Balance platform, which is an advanced randomization and trial supply management system. The company also offers Medidata Edge, a comprehensive platform that provides trial management and oversight, monitoring and data review, and centralized monitoring and site performance metrics.
Medidata Solutions Inc. has gained significant recognition within the industry for its innovative technology and solutions. The company has won numerous awards for its services and products, including the 2019 Scrip Awards for eBest Clinical Trial Technology Solutione and the 2019 Clinical Informatics News Best Practices Award for eBest AI/ Machine Learning Solution.e They were also named the 2020 ISO Quality Management System Standard.
Medidata Solutions Inc. has a broad customer base, including pharmaceutical companies, biotech companies, contract research organizations (CROs), and academic medical centers. The company has partnered with several leading organizations in the industry, including Merck, Pfizer, and Bristol Myers Squibb, among others. Additionally, the company has significant investments in data privacy and security to comply with regulations governing the utilization of clinical data.
Overall, Medidata Solutions Inc. is a leading provider of innovative cloud-based solutions for clinical research and development. Their technology has revolutionized the clinical trial industry by providing solutions that assist with clinical trial design, patient engagement, data management, and analysis, resulting in greater efficiency, reliability, and accuracy in clinical trials.
Company Address: 350 Hudson Street, 9th Floor New York 10014 NY
Company Phone Number: 918-1800 Stock Exchange / Ticker: NASDAQ MDSO
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13.47%