Solving one of healthcare’s biggest bottlenecks.
Eliminating operational errors from clinical trials.
The numbers are clear.
1 in 6 trials fail because of preventable quality issues, and that number continues to grow as trials have more than doubled in complexity in the past 10 years
50% of trial costs are driven by monitoring activity, which can translate to billions of dollars
80% of trials fall behind
Yet the way we monitor and operate clinical trials has hardly changed in the last few decades.
By combining the best in data and analytics with existing human intuition, Lokavant is enabling a world where no trial fails, is delayed, or runs over budget because of preventable operational issues, meaning more affordable drugs more quickly in patient hands.