Walgreens inks $100M clinical trial deal

Walgreens is partnering with the Biomedical Advanced Research and Development Authority within HHS to accelerate innovation in decentralized clinical trials.

Advertisement

 

The Decentralized Clinical Operations for Healthcare Research program is designed to strengthen decentralized clinical research in support of FDA-regulated products. The federal government will have access to Walgreens’ clinical trial ecosystem, which is designed to make clinical trials more accessible. It has reached more than 5 million patients over the last two years.

Walgreens has helped clinical trials meet recruitment goals and surpassed national averages for diverse participant recruiting in sponsor-led clinical trials. The company takes a comprehensive approach to recruiting participants and encourages engagement with its decentralized platform. These results stand out, given nearly 80% of clinical trials fail to meet enrollment goals and just 5% of the U.S. population participates in clinical trials.

The five-year partnership is valued at up to $100 million for the Decentralized Clinical Operations for Healthcare and Research program.

Walgreens and the Biomedical Advanced Research and Development Authority are also collaborating on a Phase 4 observational COVID-19 trial.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Register to Attend Webinar

The hidden cost of lost clinical time and how leading health systems are responding

Friday, August 7
12:00 PM - 1:00 PM CDT

Presenters: Kassaundra McKnight-Young, Zebra TechnologiesGregory Carras, Zebra TechnologiesJennifer Gene, Levata

Advertisement

Next Up in Disruptors

  • OpenAI signed its first international hospital partnership with Ramat Gan, Israel-based Sheba Medical Center. The deal, according to a July…

  • Microsoft is continuing to hire for health tech roles including a forward deployed AI engineer position tied to its healthcare…

  • Amazon is hiring software and applied-science leaders, AI engineers and a healthcare cybersecurity specialist — the kinds of roles hospital…

Advertisement

Comments are closed.