Market & Competitors Flashcards
1
Q
Clinical trial market trends
A
Consistently over 20 years, #clinical trials has grown by 30%/year
2
Q
How many uk clinical trials?
A
3,370
3
Q
What is your secondary market?
A
MRA’s
4
Q
UK competitors
A
Antidote.me 6M - founded date 2010 - search engine - 30CT’s/year
Innovative Trials UK 8M - 2010 - bespoke agency - 40 CT’s/year
5
Q
How many trials in the EU?
A
7500
6
Q
How many trials in the US?
A
18,000
7
Q
How much is the US CT market worth?
A
170Bn
8
Q
How much is the EU CT market worth?
A
70Bn
9
Q
Future competitors
A
EU Clariness 8M - 2005 - 40 CT’s/year
US Subject Well 5M - 2012 - 25 CT’s/year
10
Q
Traditional offline recruitment cost
A
150 GBP per patient
11
Q
Existing online recruitment cost
A
55 GBP per patient
12
Q
Neucruit recruitment cost
A
0.6 GBP per patient
13
Q
Competitive advantage
A
5X Cheaper
18X Faster
