LONDON – AstraZeneca has launched a new global health technology company, Evinova, after seeing a gap in the market to reduce the length and cost of clinical trials while making the process easier for patients.
Financially backed by AstraZeneca but operating as a separate company, Evinova will provide global services to CROs and pharmaceutical companies to design, conduct and monitor clinical trials. Evinova will charge customers for access to its technology, operating on a revenue-based model.
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