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Verily to acquire SignalPath, expanding company’s clinical research capabilities

Press releases may be edited for formatting or style | August 18, 2021 Business Affairs

“We are focused on the future of site-based, hybrid and decentralized clinical studies to accelerate evidence generation including drug and device development in a variety of formats that will make clinical research more accessible,” Dr. Abernethy continued. “Through our combined efforts, we hope to help bring medicines to patients more quickly, involve a larger community of people in the process by making participation in clinical research easier, and set a new standard for clinical studies and evidence generation.”

Dr. Abernethy joined Verily in June to lead Verily’s planned expansion into a full-scale clinical evidence generation platform supporting a broad range of clinical trials and real-world evidence (RWE) studies. She was most recently Principal Deputy Commissioner of Food and Drugs of the U.S. Food and Drug Administration (FDA) and the agency's acting Chief Information Officer. Dr. Abernethy is credited with having catalyzed enduring changes in the way the FDA uses data as well as advancing FDA's work in RWE and personalized medicine.

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SignalPath employees will join Verily as part of Verily’s clinical research business at the time of closing. They will maintain their physical presence in Raleigh, increasing Verily’s geographic footprint with this new location in North Carolina.


About Baseline
Verily's interdisciplinary team developed Baseline Platforms, designed to engage patients and clinicians in research, make it easier and faster to run clinical studies and collect high-quality, comprehensive data for all types of clinical research including site-based clinical trials, decentralized trials and more pragmatic real-world studies.


About Verily
Launched in 2015, Verily is a subsidiary of Alphabet focused on life sciences and healthcare. Verily's mission is to make the world’s health data useful so that people enjoy healthier lives. Verily develops tools and devices to collect, organize and activate health data, and creates interventions to prevent and manage disease. Verily partners with leading life sciences, medical device, and government organizations, using deep hardware, software, scientific, and healthcare expertise to enable faster development, meaningful advances and deployment at scale.


About SignalPath
SignalPath was founded by Brad Hirsch, MD, and Kevin Monroe in 2014 to develop solutions to many of the challenges facing modern clinical trial management at research sites with the goal of then empowering a technology- enabled network of sites to more broadly advance the way that clinical research is conducted. The company’s clinical trial management system (CTMS) was built by researchers, for researchers, to dramatically improve the ease, quality, efficiency and profitability of trial execution. The SignalPath CTMS digitizes protocols for clients, which eliminates a significant impediment to utilization, ensures quality of trial execution, drives efficiencies and enables site staff to focus on patients. The SignalPath Research Consortium (SPARC) consists of top clinical research sites, chosen for their people, processes and track record. Through a mixture of technology solutions, training, community offerings and curated trials, SPARC sites and sponsors are able to partner to dramatically outperform competitors.

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