ClearTrial

ClearTrial is a multinational software developer headquartered in Chicago, Illinois, USA. The company develops and markets a software as a service (SaaS) system designed for biopharmaceutical and medical device manufacturers for the planning, outsourcing, and tracking of clinical trials.

ClearTrial
Private
IndustryClinical trial software
SuccessorOracle Corporation 
FoundedChicago, Illinois, USA (2004)
FoundersMike Soenen
Richard Musselman
Defunct2012 
Headquarters
328 South Jefferson Street, Chicago, Illinois 60661 USA
Area served
Global
Key people
Mike Soenen, CEO
Michael Bruns, COO
Andrew Grygiel, CMO
Richard Zecca, VP of Worldwide Sales
ProductsClearTrial PLAN
ClearTrial SOURCE
ClearTrial TRACK
Number of employees
50+ (August 1, 2011)
Websitecleartrial.com

The ClearTrial software architecture follows a project management methodology that includes activity-based costing, which predicts the level of effort for a specific resource (person) to perform a given task (activity). The level of effort is calculated based on an algorithm that has been derived from analysis of the cost and time drivers that affect each task. The ClearTrial Work Breakdown Structure defines and groups the tasks and subtasks that comprise a clinical trial in a way that organizes and defines the total work scope of the clinical project.

ClearTrial’s clinical trial subject matter experts (SMEs) have published peer-reviewed articles on functional service provider outsourcing in clinical trials,[1] adaptive clinical trials,[2] and clinical trials for medical devices,[3] as well as articles on clinical trial trends.[4] In April 2011, ClearTrial was named one of five “Cool Vendors in Life Sciences”[5] by the research firm Gartner.

On March 29, 2012, Oracle Corporation announced that it had agreed to acquire ClearTrial. The transaction has closed.

References
  1. Lucas, K., “Steps to Functional Service Provider Success” Archived 2011-10-05 at the Wayback Machine, Applied Clinical Trials, August 2008
  2. Blake-Michaels, M., “Operation Adaptive” Archived 2011-10-05 at the Wayback Machine, Applied Clinical Trials, October 2009
  3. Blake-Michaels, M., “Considerations for Medical Device Trials" Archived 2011-10-05 at the Wayback Machine, Applied Clinical Trials, August 2010
  4. Stergiopoulos, S., Getz, K., Soenen, M., “Honing Reforms from Clinical Development” Archived 2012-07-13 at Archive.today, Pharmaceutical Executive, February 2011
  5. Lefebure, S., Hagemeyer, D., “Cool Vendors in Life Sciences, 2011”, Gartner, April 2011
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