Comprehend Wins Silicon Valley Award for Innovation

HEADLINE2Leading Clinical Data Insights Company Honored as Technological Breakthrough in Healthcare IT

REDWOOD CITY, Calif., Sep 23, 2014 (BUSINESS WIRE) -- In recognition of its game-changing cloud-based clinical data insights solutions, Comprehend has been named to The Silicon Valley Innovation & Entrepreneurship Forum (SVIEF) 2014’s Top 30 Innovation Awards. Winners are chosen based on improvements to existing products and services, as well as the innovation’s industry impact. The honor comes just a month after the company announced $21 million in Series B financing to further accelerate clinical development through its cloud-based business intelligence solutions.

In the past year, Comprehend has increased its customer base by more than 100 percent, with new additions to its client roster including Boston Scientific, Karyopharm, MERGE, Atlantic Research Group and Versartis.

“It’s been a great year for our company and the life sciences market overall, and we’re thrilled to be honored with an SVIEF Innovation Award,” said Rick Morrison, co-founder and CEO of Comprehend. “We’re proud of the impact our technology is already having and we look forward to continuing to work with our pharma and biopharma clients to streamline the study process, reduce costs and bring better therapies to the people who need them.”

Comprehend’s cloud-based eclinical data insights approach provides universal access to clinical trial data, enabling all study stakeholders to access real-time information and analytics around all aspects of their clinical development operations.

The SVIEF 2014 Innovation Awards Top 30 recognizes technological breakthrough companies in areas such as mobile internet and gaming, wearable technology, 3D printing, robotics, healthcare IT, energy and other emerging technologies. Winners will be celebrated at an awards ceremony to be held at SVIEF 2014 on Saturday, September 27 at the Santa Clara Convention Center.

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About SVIEF

Silicon Valley Technology Innovation & Entrepreneurship Forum (SVIEF) is an international conference designed to foster innovation and promote business partnerships connecting US and Asia-Pacific region. It is a leading venue in high-tech industry field gathering multi-tech and business professionals, while providing a platform for talent, technology and capital exchange. The past three SVIEF were held in Silicon Valley in fall, 2011, 2012, and 2013, with more than 5,000 attendees each year. For more information about SVIEF, please visithttp://www.svief.org.

About Comprehend Systems, Inc.

Comprehend Systems, Inc. (www.comprehend.com) offers cloud-based clinical data insights tools that improve the way clinical researchers access, understand, explore and analyze data. Designed specifically for life sciences, Comprehend Clinical ™ enables data managers, monitors and clinical operations executives to identify broad operational and clinical trends across trials and also easily drill down and report on a wide range of factors, including safety issues, regulatory requirements and opportunities for critical time and cost savings. Comprehend Systems was founded in 2010 in Palo Alto by a team of entrepreneurs with decades of combined experience in clinical research and software development.

SOURCE: Comprehend Systems, Inc.

Link: http://www.marketwatch.com/story/comprehend-wins-silicon-valley-award-for-innovation-2014-09-23



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