RealTime Software Solutions, a San Antonio, TX-based provider of cloud-based software solutions for the clinical research industry, acquired Devana Solutions, a Chapel Hill, NC-based SaaS provider specializing in clinical trial workflow and analytics solutions.
The amount of the deal was not disclosed.
With the acquisition, RealTime Software Solutions will reinforce its commitment to delivering innovative solutions that empower the clinical research industry and further streamline the development of life-changing treatments.
Led by CEO Barry Lake, Devana is a cloud-based clinical trial software company that supports real-time collaboration between central research operations professionals and site-based clinicians serving patients in diverse communities. Its platform bridges the technology access and data divide by securely connecting decentralized researchers to other mission-critical clinical trial systems.
Led by Stephen Johnson, CEO, RealTime provides software solutions for clinical research sites, site networks, sponsors and CROs to manage complex clinical research processes with user-friendly interfaces. Its products include Clinical Trial Management System (CTMS), eRegulatory document management (eDOCS), electronic data capture for source documents (eSOURCE), participant payments (SitePAY/GlobalPAY), participant engagement solutions (TEXT, eCONSENT and Participant Portal) and Complion eISF.
By integrating Devana’s solutions into RealTime’s Site Operations Management System (SOMS), clinical research organizations will gain access to an unparalleled suite of capabilities that bridge centralized operations with site-based clinical teams. The combination of these solutions establishes connectivity between Devana’s business development and data analytics platform and RealTime’s fully integrated suite of products that includes CTMS, eRegulatory solutions, eSource, eConsent, Payments, Texting solutions, the MyStudyManager Participant Portal and other eClinical solutions and services.
FinSMEs
06/07/2023