Bridgewater/Piscataway, NJ May 31, 2021– Bloqcube Inc, the Piscataway based e-clinical software company, was mentioned in two 2021 Gartner Hype Cycle reports o (available to Gartner subscribers). The report titled “Hype Cycle for Life Science Research and Development, 2021” Published 19 July by Analyst(s): Jeff Smith, Michael Shanler and “Hype Cycle for Life Science Commercial Operations, 2021” Published 14 July 2021 – ID G00747416 – by Animesh Gandhi.
As Gartner reported “Digitalization across life science organizations moved at an accelerated pace during the COVID-19 pandemic, with the industry scaling and refining ever more digital initiatives in 2021. The overwhelming success of vaccine ventures has improved perceptions of the industry and provided a tangible glimpse into the potential of new medical innovations, shifting investments from big tech into biotech. Life science CIOs must remain attuned to these business drivers, underlying the demand for new digital tools (see 2021 Business Drivers for Life Science CIOs) to better anticipate the needs of the business areas they support.”
“The ongoing search for new products and medicines leads to continual disruption and reinvention, resulting in a variety of niche supporting vendors, custom-made applications, consultancies and service providers. As a result, R&D IT includes many niche applications serving a wide variety of functions, with specialized teams supporting the many business processes that make up the landscape of R&D operations.”
The description and analysis by Michael Shanler and Andrew Stevens on Blockchain in Life Sciences section in the Hype Cycle report states, “Blockchain will enable efficiencies for reaching new customers, extending relationships with supply chain partners, better quality and more complete links between events, and it should expand the boundaries of traditional life science businesses.”
Further the report states, “Some clients are exploring concepts where blockchain would streamline clinical trials and extended regulatory filings, exchange genomic information, manage intellectual property generation, handle payments to drug distributors, and conduct health record and exchange transactions, among others.”
Bloqcube® has been listed as a Sample Vendor in the section on “Blockchain in Life Sciences”.
“The pandemic has highlighted the need for accelerating clinical trials’ operational processes and moving to fully decentralized clinical trials where patient safety remains paramount. Bloqcube® is a unified e clinical software system whose blockchain driven tech stack aids life science companies to accelerate trials, enhance data integrity, and reduce Ransomware vulnerability given it’s a distributed ledger; we welcome this mention of our company by Gartner. We believe we still are the only vendor in the domain of Clinical Trial Management Systems, on a blockchain platform, listed in these reports for three years in a row 2019-2021 and it is a step forward in recognizing our innovative solutions for the benefits of patients worldwide,” commented Rama Krishna Rao the CEO and Founder of Bloqcube. “
- Gartner, “Hype Cycle for Life Science Research and Development, 2021”, Jeff Smith, Michael Shanler Published 19 July 2021
- Gartner, “Hype Cycle for Life Science Commercial Operations, 2021”, Animesh Gandhi, Published 14 July 2021
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Bloqcube® is an innovative e clinical software system company that has built and recently launched a fully decentralized novel Clinical Trials Management and Financial Systems that uniquely integrates a financial module C2TA® along with multiple modules like EDC, e-Informed Consent e-TMF etc. to accelerate clinical trials – especially in a patient centric environment.
For more information, please visit Bloqcube
Press Contact: Rama K Rao