4th Wave Technologies is opening a new office in Luxembourg. The Luxembourg team has its own staff dealing with all aspects of Internet technology and training. One version is AKAS Clinical which is aimed at reducing the time needed to conduct clinical trials of new drugs. AKAS Clinical is used to administer trials over the Internet. It was officially unveiled at the DTI Innovation Lecture at the BIC last month.
Customers benefit from controlled trial cost, improved data quality and reduced time to market.
The concept is simple. Instead of relying on mountains of paper, AKAS Clinical trials are administered electronically. Doctors taking part input their findings directly into a central database via a series of intelligent web-based forms. All data is verified and validated as it is entered. That means that administrators can review the progress of the trial at any time.