Ciox Health, an Alpharetta, GA-based clinical data exchange company, raised $30m in equity funding.
New investor Merck Global Health Innovation Fund (Merck GHIF) and private equity owner New Mountain Capital led the financing.
The company intends to use the funds to accelerate the development of its Digital Patient Clone (DPC).
Led by Pete McCabe, CEO, Ciox is a health technology company that securely facilitates access to clinical records on behalf of its healthcare provider customers, enabling increased data liquidity and the improvement of health care outcomes. In this new relationship, The company is continuing to enhance its core capability of providing clinical data.
Through its DPC platform, Ciox can collect the digital fragments of a patient’s story from disparate clinical information systems, then normalize the data for use by researchers.