Direct-to-patient service provider Lightship raises $20m

By Nick Taylor

- Last updated on GMT

(Image: Getty/Fizkes)
(Image: Getty/Fizkes)

Related tags: Lightship, Science 37, Direct-to-patient

McKesson Ventures helps direct-to-patient clinical research service provider Lightship to $20m Series B financing round.

The concept of direct-to-patient (DTP) clinical trials has been around for years but use of the model has only taken off as technological advances have mitigated some of the challenges of safely getting drugs to subjects’ homes and enabled the remote collection of data.

Established distribution and clinical research service providers have added DTP capabilities to cater for demand for the model among drug developers, which see the approach as a way to improve the recruitment and retention of study subjects. However, those established companies also face rising competition from startups specialized in DTP services.

Lightship is such a startup. To date, Lightship has revealed little about its operation, stating little more than a claim that it is “the premier provider of enterprise level, direct-to-patient clinical trial solutions​” and engages patients at home.

Those solutions span from patient recruitment through to study completion, positioning Lightship to help sponsors reduce some of the cost and bottlenecks associated with site-based clinical trials.

Whatever Lightship is working on has shown enough promise to attract investors and clinical trial executives alike. McKesson Ventures and Define Ventures led the $20m (€18.2m) Series B financing round, with support from Khosla Ventures, Brook Byers and Marc Benioff.

In conjunction with the financing, Lightship revealed it has appointed David MacMurchy, a former EVP at PRA Health Sciences, as CEO. Tom Pike, the former CEO of Quintiles, has come on board as executive chairman.

The little information available about Lightship suggests it operates in a similar DTP space​ to Science 37, the virtual trials startup that raised more than $100m and landed deals with companies including Sanofi before making headlines for the wrong reasons. Last year, Science 37 was sued by its co-founders and former senior executives Noah Craft and Belinda Tan.

A look at the resumes of the people working at Lightship reinforces the impression that it is moving in on Science 37’s turf.

Currently, half of the 16 people who list Lightship as their employer on LinkedIn previously worked at Science 37, with many of them moving between the two service providers in recent months. The list of ex-Science 37 employees working at Lightship include the latter company’s co-founder Samantha Eells and chief clinical and experience officer Bardia Akbari.

Related news

Show more

Related products

show more

What should a clinical metadata repository do?

What should a clinical metadata repository do?

Formedix | 26-Jul-2021 | Technical / White Paper

Choosing a clinical metadata repository (MDR) software can be a tough task as the capabilities and features of your chosen MDR could make or break your...

Adapting supply chains to new ways of working

Adapting supply chains to new ways of working

World Courier | 15-Jul-2021 | Technical / White Paper

COVID-19 has changed the way we operate. We have adapted our supply chain solutions to meet our clients’ requirements while following World Courier standard...

Empowering Clinical Trial Sponsors with Analytics

Empowering Clinical Trial Sponsors with Analytics

PerkinElmer | 14-Jul-2021 | Technical / White Paper

Is your Clinical Data Review creating problems or solving them? Take Control of Your Data. PerkinElmer Informatics Clinical Solutions, powered by Tibco...

What are the building blocks of DCTs?

What are the building blocks of DCTs?

Medable | 26-Apr-2021 | Technical / White Paper

How to create a seamless experience across eConsent, eCOA and more.

Over the past year, tremendous progress was made toward digitizing and...

Related suppliers

Follow us

Products

View more

Webinars