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Oracle Buys Clinical Trials Software Provider GoBalto.

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Vincent

MANews-(C)2009-2018

18 October 2018 - US-based computer technology corporation Oracle (NYSE: ORCL) has entered into an agreement to acquire clinical trials cloud solutions specialist goBalto, the company said.

GoBalto delivers leading cloud solutions to accelerate clinical trials by streamlining and automating the selection and set up of the best performing clinical research sites to conduct trials.

The company's study startup solutions are activated at over 90,000 research sites across 2,000+ studies in over 80 countries to deliver significant savings to customers with over 30% quantifiable reduction in study startup cycle times.

Currently, Oracle Health Sciences offers customers the industry's most advanced cloud solution for clinical trial planning, data collection, trial execution and safety management. goBalto adds an industry cloud solution that significantly reduces clinical trial startup time.

Together, Oracle and goBalto will provide an end-to-end cloud platform dedicated to...

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