real-world data
A study published in JMIR found that patients with multiple sclerosis were able to capture real-world, self-reported data via an app.
More expertise will be necessary if the regulator is to keep up with the constant evolution of real-world evidence, privacy and other data-driven challenges, Dr. Hahn said.
The company says it has so far incorporated 350 organizations into its data ecosystem.
The latest round was led by Felicis Ventures. As part of that deal, Sundeep Peechu, managing director at the VC firm, will sit on the PicnicHealth board.
A frequent partner of biopharmas and the FDA, it has raised $94 million from investors since its commercial launch in 2015.
Scale Venture Partners headed the round, which comes roughly a year and a half after OM1's $21 million Series B.
The companies' partnership is yet another example of real-world data analysis coming to clinical trials.
The pharma company will gain access to Concerto Health's eurekaHealth, an AI and machine learning platform.
The new funding will primarily serve to expand the Aetion Evidence Platform.