This new round of funding, which brings the total investment in Antidote to date up to $26M, will accelerate the development of new capabilities for its trial matching platform, including precision medicine and EHR-matching, as well as further global expansion.
Eighty percent of clinical trials are delayed or closed due to a lack of patients taking part. Antidote is a digital health company on a mission to solve this critical problem by transforming the way patients and researchers connect. With clinical and AI expertise, Antidote has created MatchTM, a clinical trial matching platform that now serves more than 180 leading patient communities such as JDRF, Lung Cancer Alliance, and Healthline – bringing new studies to millions of patients every month. Patients answer simple questions about their health, and the platform provides matching studies in their neighborhood.
“We are excited to back Antidote given the company’s focus on solving the critical issue of matching patients with the right clinical trials,” said Francesca Wuttke, Managing Director at Merck GHI. “We think the Antidote approach fits well with our focus on investing in companies that play a critical role in the new digital clinical trial management ecosystem.”
Antidote Match is based on generating structured eligibility criteria, proprietary algorithms, and machine learning. To date, the company has made 14,000 clinical trials matchable and plans to reach full coverage of US trials next year with enhanced capabilities, such as matching cancer patients to studies using mutation-level data. Notably, the company is already a participant in the Cancer Moonshot project.
