Topography Well being Raises $21.5M | Los Angeles Enterprise Journal

Saint-Amand

Hollywood Hills West-based Topography Well being Inc., which has a program to assist group physicians arrange scientific trials, introduced its official launch on Jan. 19 after elevating $21.5 million in a Collection A funding spherical.

Topography Well being goals to fill a spot within the formation of scientific trials. At the moment, most scientific trials are established by pharmaceutical corporations looking for Meals and Drug Administration approval for his or her drug candidates and by main universities and medical facilities looking for to additional their medical analysis. In some instances, main doctor practices work with pharmaceutical corporations to arrange their very own scientific trials for promising therapies that come to their consideration.

However, in accordance with Topography Well being Chief Govt Alexander Saint-Amand,
only a few unbiased group doctor practices have the wherewithal to arrange scientific trials. And this, he mentioned, impedes the power of sufferers to acquire experimental therapies for in any other case untreatable illnesses or circumstances.

“The easy reality is that almost all sufferers do not need entry to scientific trials,” Saint-Amand mentioned. “Their doctor or specialist could have simply recognized them with a situation that has no authorised therapies after which has to inform them that they’re on their very own relating to discovering that experimental remedy.”

Amand has loads of expertise consulting for physicians. In his earlier put up as chief government of New York consulting agency Gerson Lehrman Group, he helped develop a community of 170,000 physicians. After encountering difficulties enrolling his personal mom in a scientific trial, Amand teamed up with power and clear expertise business veteran Andrew Kirchner and with finance government Mac Parish to discovered Topography Well being in 2020.

With $6 million in preliminary seed funding, Topography Well being arrange a enterprise platform that goals to be a one-stop for physicians who need to arrange and run their very own scientific trial applications. This consists of serving to medical practices higher perceive their affected person populations, recommending which research have excessive odds of uptake and influence, recruiting sufferers, and hiring/managing analysis employees. The corporate works with pharmaceutical business and different sponsors to offer reimbursements and different funding for these scientific trials.

Saint-Amand mentioned a key hurdle for physicians is acquiring the lots of of hundreds of {dollars} essential to arrange scientific trial infrastructure. Pharmaceutical corporations, he mentioned, have a tendency to make use of hospitals or main doctor networks for his or her trials, leaving smaller medical practices out of the combo.

This funding spherical for Topography Well being was led by Bain Capital Ventures. The corporate plans to make use of the funds from its most up-to-date $21.5 million fundraise to have the ability to mortgage cash to a wider set of doctor practices for preliminary arrange of scientific trials. That cash could be repaid by pharmaceutical corporations both because the scientific trial is operating or after it concludes.

For the pharmaceutical corporations, Saint-Amand mentioned that bringing small doctor practices to their consideration helps to diversify the affected person base for scientific trials.
“By collaborating with personal follow physicians and equipping them to be scientific investigators, we are able to develop affected person information units, deal with a wider vary of power or life-threatening circumstances, and provides extra Individuals entry to the healthcare and therapies they deserve,” he mentioned.

Previous to its official launch final month, Saint-Amand mentioned Topography Well being had signed up between 5 and 10 doctor practices to be included in a pilot program.
The corporate plans to make use of the funds from its most up-to-date $21.5 million fundraise to have the ability to mortgage cash to a wider set of doctor practices for preliminary arrange of scientific trials. That cash could be repaid by pharmaceutical corporations both because the scientific trial is operating or after it concludes.

This funding spherical for Topography Well being was led by Bain Capital Ventures – an affiliate of Boston-based Bain Capital and in addition included a earlier investor, Menlo Park enterprise capital agency Andreessen Horowitz. A number of angel traders additionally participated within the funding spherical, together with Tom Lee, founding father of San Francisco-based 1Life Healthcare Inc. (higher often known as One Medical) and Spencer Rascoff, co-founder of Seattle-based Zillow Group Inc.

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