Paratus Clinical

Paratus Clinical

Site management organisation that is focused on the recruitment and running of clinical trials. Learn more
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DateInvestorsAmountRound
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Seed

AUD1.4m

Early VC
Total Funding€824k

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Paratus Clinical is a specialized company focused on conducting clinical trials to expedite the development of new medical treatments and vaccines. Operating in the healthcare and pharmaceutical sectors, Paratus Clinical serves pharmaceutical companies, biotech firms, and medical researchers by providing comprehensive clinical trial services. The company operates four dedicated research clinics, strategically located to maximize participant recruitment and engagement.

Paratus Clinical's business model revolves around offering end-to-end clinical trial management, including participant recruitment, trial execution, and data collection. The company employs a team of recruitment specialists and maintains extensive participant databases to ensure timely and effective recruitment for studies. This approach helps to accelerate the trial process, thereby reducing the time it takes for new treatments to reach the market.

Revenue is generated through contracts with pharmaceutical and biotech companies, who pay for the clinical trial services provided. These services include everything from initial trial design and regulatory submissions to participant monitoring and data analysis.

Paratus Clinical's market is highly specialized, targeting organizations that require rigorous and efficient clinical trial management to bring new medical products to market. The company's ability to expedite trial timelines while maintaining high-quality outcomes makes it a valuable partner in the medical research community.

Keywords: Clinical Trials, Medical Research, Participant Recruitment, Pharmaceutical, Biotech, Vaccines, New Treatments, Healthcare, Research Clinics, Trial Management.

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