UK-based Clinical Trial Site Management Organization Secures Investment from Major Investor

UK-based Clinical Trial Site Management Organization Secures Investment from Major Investor

Panthera Biopartners (Panthera), a Preston, United Kingdom (UK)-based site management organization, just completed a Series A funding round with Gresham House Ventures. Panthera will use the funds to further build out its network of clinical trial sites across the UK and overseas while adding to its team of clinical trials experts, with experience serving both industry sponsors and patients.

Site Consolidation

As TrialSite has discussed, in the United States, private equity increasingly circulates around, and invests in the clinical trials ecosystem including site organizations, in some cases funding major acquisition-based roll up and consolidation plays. It would appear that this financing activity is commonplace in the UK as well.

Background

An independent site management office (SMO), Panthera helps industry sponsors (biopharma) and contract research organizations (CROs) find the right patient, for the right trial, at the right time, via the identification, recruitment and retention of patients at its own dedicated research sites. 

The SMO maintains sites in Preston, London, Manchester and Glasgow. The company is working on developing site relations in othe...

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