AiCure Appoints Former Medidata Founder Ed Ikeguchi as CEO
Industry veteran to build on AiCure’s ten years of market success and extend AI platform to digital biomarkers for holistic patient health
Continued corporate growth and platform milestones drive 2020 momentum
AiCure, an AI and advanced data analytics company focused on improving clinical trials, announced Ed Ikeguchi, M.D. as its Chief Executive Officer (CEO). Formerly serving as the company’s Chief Medical Officer (CMO) and President, Dr. Ikeguchi’s appointment as CEO will advance AiCure’s commitment to improving holistic health through an understanding of the science behind human responses to illness and treatment. With today’s announcement of digital biomarkers, AiCure is delivering on this vision.
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Prior to joining as AiCure’s CMO in 2018, Dr. Ikeguchi co-founded Medidata Solutions, where he grew the company from its inception to its initial public offering in 2009 while serving as its CEO from 1999-2001 and its CMO from 2001-2009. Dr. Ikeguchi’s extensive experience in both the C-suite and in clinical environments, including his understanding of the many pain points of patient engagement, positions him well to lead the company in its next phase.
Dr. Ikeguchi takes the helm of AiCure, which for ten years, has enhanced the quality of clinical trial data by providing real-time monitoring of patient dosing and behavior, enabling smaller, faster trials. AiCure has established its value to pharmaceutical companies and healthcare organizations by providing novel insights into patient behavior, allowing them to measure and modify it for optimal care. Capitalizing on the wealth of behavioral data AiCure has stored and analyzed, Dr. Ikeguchi will expand the company’s footprint in digital biomarking to identify non-obvious patient reactions to capture a complete picture of complex human behavior. Further equipping clients with an understanding of such behavioral trends will empower real-time, objective observations of people in their natural environment that can help improve patient and trial outcomes.
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“The traditional brick-and-mortar blueprint of healthcare and clinical trials only lends itself to transactional patient relationships and blind spots between in-person visits. At AiCure, we aim to shift this mindset and achieve continuous line-of-sight into an individual’s wellbeing,” said Dr. Ed Ikeguchi, CEO of AiCure. “It is my privilege to lead the company in its next chapter as we work toward holistic health delivery, deepen our understanding of patients’ lived experience, and elevate the credibility of clinical trial results. We are poised to build on our strong momentum and further make our mark in patient care and drug development.”
Pillars of Success Drive 2020 Growth
In addition to Dr. Ikeguchi’s appointment, AiCure has achieved several milestones for a strong 2020 performance to-date, including:
- Sustained corporate momentum:
- Addition of Vidhi Goel as the new vice president of marketing, leveraging her two decades of industry experience to address customer needs
- Continued revenue growth across both new clients and repeat business from top-20 pharma companies, including 200% growth in digital biomarker customers
- Ongoing collaborations with sponsors to develop predictive analytics to build industry-leading tools for monitoring participant and site performance
- Expansion of platform:
- Official launch of the company’s first digital biomarker platform to remotely detect subtle changes in a patient’s condition
- New caregiver functionality that allows for notifications and text alerts to be shared with approved caregivers to enhance the platform’s use in pediatric trials and for conditions like Parkinson’s and Alzheimer’s Disease
- Introduction of home visit workflow to support in-home nurse visits, reducing the need for a patient to go into a clinic
- New electronic patient reported outcome (ePRO) capabilities that increase patient engagement and aim to replicate traditional clinician assessments
- Improved technology features:
- Enhanced video review capabilities to better monitor for intentional non-adherence in high-risk studies
- Deployment of single sign-on capability and availability of the platform in four additional languages, bringing total availability to 45 languages
- Expanded analytics engine to extend continuous learning capabilities of machine learning platform
- Customized reporting that analyzes customer study performance against industry benchmarks.
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