Country for PR: United States
Contributor: PR Newswire New York
Monday, January 24 2022 - 11:00
AsiaNet
Suvoda Exceeds 2021 Targets; Poised for Continued Growth Supporting Complex Clinical Trials in 2022
PHILADELPHIA, Jan. 24, 2022 /PRNewswire-AsiaNet/ --

-- Surpasses 900 trials across 65 countries, expands leadership team and 
product offerings, and posts another year of 30% growth, all while maintaining 
an exceptional performance level.

Suvoda, LLC ( 
https://c212.net/c/link/?t=0&l=en&o=3418408-1&h=381713011&u=https%3A%2F%2Fwww.suvoda.com%2F%3Futm_source%3Dpress-release%26utm_medium%3Dweb%26utm_content%3Dsuvoda-exceeds-targets-2021&a=Suvoda 
) , a global clinical trial technology company that specializes in highly 
complex studies, such as oncology, central nervous system (CNS) and rare 
disease, today announced that 2021 was another record year, exceeding its 
bookings targets and expanding its reach by supporting complex clinical trials 
in 65 countries. As clinical trial sponsors and CROs have had to adapt to 
pandemic realities, offering hybrid or even fully remote trials, Suvoda quickly 
accelerated its roadmap plans to build on its IRT flagship solution ( 
https://c212.net/c/link/?t=0&l=en&o=3418408-1&h=1322830053&u=https%3A%2F%2Fwww.suvoda.com%2Fproducts%2Firt-ti%3Futm_source%3Dpress-release%26utm_medium%3Dweb%26utm_content%3Dsuvoda-exceeds-targets-2021&a=IRT+flagship+solution 
), offering an integrated eConsent solution, now in the early adopter phase, 
and with plans to offer an integrated eCOA solution in 2022.

Logo - https://mma.prnewswire.com/media/1039295/Suvoda_Logo.jpg

"2021 saw tremendous advancements in the clinical trial space, while also 
putting unprecedented pressure on those who manage them, especially those 
trials that bring life-sustaining treatments to patients around the world," 
said Jagath Wanninayake, CEO of Suvoda. "The ability to handle these 
complexities is inherent in our products and services. We are proud that we 
have been able to alleviate some of that burden for our customers and look 
forward to expanding that support through our unified products as trial 
sponsors and CROs look for solutions to the challenges of today's trials."

Rapid, Controlled Expansion

In 2021, Suvoda added 170 employees worldwide, including making two 
significant, strategic additions to its executive leadership team. E.K. Koh 
joined as Chief Product Officer and Elena Filimonova as Chief Marketing 
Officer. Both were selected for their deep experience in scaling global B2B 
tech organizations. Following the appointment in 2020 of Yuko Fukasaku as 
Suvoda Japan President, the company officially opened its Tokyo office in 2021 
and, in the same year, saw its first Asian-based trial using Suvoda IRT go live 
for a Japanese sponsor.

Focus Fuels Success  

Suvoda reported 30% growth in bookings compared to 2020 and is on track to 
surpass 1,000 trials by the end of this quarter. According to the Tufts Center 
for the Study of Drug Development, the number of investigational products 
targeting cancer has nearly quadrupled since 2000. Complexity is also on the 
rise. In fact, the level of complexity in oncology, CNS and rare disease trials 
is increasing dramatically due to myriad factors, including a move to hybrid 
trials. Suvoda attributes its success to its laser focus on complex trials, its 
superior level of customer service and support, and its well-prepared people. 
Despite the incredible pace of change and growth, Suvoda has remained committed 
to its values and rigorously-defined processes, and as such, the company has 
continued to:

    -- maintain a customer satisfaction score of 9 out of 10; 
    -- meet 100% on time delivery for customer acceptance; 
    -- deliver the cleanest IRT system in the industry with 0.5 average UAT 
       defects; and 
    -- complete implementations for complex trials within four to six weeks.

"Change is inevitable, which is why we design our services and support teams to 
bring expertise and consistency to each and every complex clinical trial," said 
Rob Hummel, chief operating officer of Suvoda. "As we move into 2022, we are 
looking forward to continuing to bring steady, measured, yet urgent support to 
our sponsors, CROs and partners so they have the data they need, no matter the 
patient location, to make informed decisions fast."

-Tufts Center for the Study of Drug Development, Impact Report, Analysis and 
Insight Into Critical Drug Development Issues, Volume 23, Number 3, May/June 
2021

About Suvoda 
Suvoda is a global clinical trial technology company that specializes in highly 
complex, life-sustaining studies in therapeutic areas like oncology, central 
nervous system (CNS), and rare disease. Founded in 2013 by experts in eClinical 
technologies, Suvoda empowers clinical trial professionals to manage the most 
urgent moments in the most urgent trials through advanced software solutions 
delivered on a single platform. Headquartered outside Philadelphia, Suvoda also 
maintains offices in Portland, OR, Barcelona, Spain, Bucharest, Romania and 
Tokyo, Japan. The company consistently boasts customer satisfaction scores of 9 
out of 10 and has been selected by trial sponsors and CROs to support more than 
1000 trials across 65 countries. To learn more, visit www.suvoda.com. Follow 
Suvoda on Twitter ( 
https://c212.net/c/link/?t=0&l=en&o=3418408-1&h=156413549&u=https%3A%2F%2Ftwitter.com%2FSuvodaIRT&a=Twitter 
)  and LinkedIn ( 
https://c212.net/c/link/?t=0&l=en&o=3418408-1&h=2852999794&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fsuvoda%2Fmycompany%2F&a=LinkedIn 
). 

SOURCE Suvoda LLC

CONTACT: Deb Massa, Suvoda, dmassa@suvoda.com, 610.241.2170
Translations

Japanese