|[December 05, 2013]
E-health Company Trialbee Secures a Share Issue of € 2.4 Million ($ 3.3 Million)
STOCKHOLM --(Business Wire)--
Trialbee expands the shareholder base by closing a round of investment
in a new share issue reaching € 2.4 million. The investment is led by
Industrifonden and Briban Invest followed by a group of well-known
business angels represented by former TAT founder Hampus Jakobsson (News - Alert).
Trialbee has developed a technical platform that enables online patient
recruitment for clinical trials. Trialbee facilitates for pharmaceutical
companies to recruit the right participants for specific trials fast and
reliable, thus shortening time to market for new drugs and treatments.
Trialbee will use the proceeds for international expansion and product
development. The company will grow the workforce with clinical
researchers, system developers and B2B sales.
"Trialbee's offering has a perfect fit with the market needs as the
pharmaceutical industry is switching from traditional recruitment
methods to more efficient and accurate e-Recruitment," says Jan Bachan,
There is a global demand for the company's solution. The pharmaceutical
industry currently performs about 10,000 clinical trials in progress of
recruiting patients. Trialbee successfully provides e-Recruitment
solutions to an increasing number of Big pharma companies.
"Our target is to become the market leader for e-Recruitment solutions
in Europe by 2015. We are strongly focused on accelerating the
recruitment processes in order to facilitate the development of new and
better treatments. In the future we will also broaden our offering by
adding an analytical layer to the clinical test data," says Tobias
Folkesson, CEO of Trialbee.
"Trialbee is one of Industrifonden's investments in e-Health, a fast
growing business area that we focus on," says Hedvig Andersén,
Investment Manager with Industrifonden.
Trialbee offers global pharmaceutical companies a web-based service for
accurate, efficient patient recruitment for clinical trials. The
technical platform has been developed in close cooperation with
pharmaceutical companies and CRO companies. Trialbee was founded at
Ideon in Lund in 2010 by Tobias Folkesson and Jonas Billing and now has
9 employees. Read more at www.trialbee.com
This information was brought to you by Cision http://news.cision.com
[ Back To Technology News's Homepage ]