Acorn AI is designed to reply a very powerful questions throughout R&D and commercialisation, enabling clients to enhance outcomes for sufferers and to speed up growthThe Acorn AI group is led by trade veterans who’re shaping the way forward for life sciencesPowered by Medidata’s standardised and structured scientific knowledge repository, one of many largest on the planet, Acorn AI instantly turns into a number one AI firm devoted to life sciencesIndustry visionary, Rama Kondru, Ph.D., is appointed CIO of Medidata and CTO of Acorn AI to speed up growth of agile, disruptive, and progressive capabilities throughout the Medidata platformLONDON, April 11, 2019 — Medidata Options (NASDAQ: MDSO) is taking the subsequent vital step to speed up the digital transformation of life sciences within the age of precision drugs. Immediately, Medidata is launching Acorn AI, a Medidata firm, and appoints Rama Kondru, Ph.D., because the chief data officer for Medidata. Acorn AI is designed to supply actionable insights to the entrance traces of decision-making by making knowledge liquid throughout all the lifecycle, from R&D to commercialisation. Leveraging the corporate’s AI capabilities and experience, clients and companions can now unlock the facility of knowledge to beat probably the most complicated illnesses.Medidata logoFueled by one of many largest regulatory-grade scientific knowledge repositories on the planet and constructed upon Medidata’s cutting-edge platform, Acorn AI instantly turns into one of many main AI corporations devoted to life sciences. The brand new enterprise is backed by:Medidata’s cumulative R&D investments in expertise, knowledge pipelines, knowledge science, and acquisitions similar to SHYFT AnalyticsThe Medidata platform, comprised of greater than 17,000 scientific trials (5,000 energetic) and the flexibility to analyse 45 billion affected person data from 2 million suppliers The trade’s largest structured, standardised scientific knowledge repository with over 4.eight million sufferers Greater than 1,200 energetic clients with 150,000+ licensed customers To resolve corporations’ most complicated scientific and business challenges, Acorn AI is proposing new merchandise similar to a Worth Discovery Engine to make higher go/no-go choices; Clever Trials to enhance examine success and pace; Built-in Proof to assist exhibit worth to regulators, payors, suppliers and sufferers; and Linked Units to combine the brand new era of medical units inside the digital healthcare ecosystem. The Acorn AI group is led by trade veterans who’re shaping the way forward for life sciences. Sastry Chilukuri, who just lately joined Medidata, is now the president of Acorn AI. Rachel Sherman, M.D., former principal deputy commissioner of FDA, joins as chief scientific and medical advisor. Kathy McGroddy-Goetz, Ph.D., who joined Medidata from IBM Watson Well being, drives technique and alliances. Rama Kondru leads expertise growth for Acorn AI, along with dealing with his broader obligations because the newly appointed CIO of Medidata.Full particulars of the group and merchandise could be discovered at”Life science companies are data-centric and AI-based enterprise fashions to revamp capabilities, similar to drug discovery, R&D, scientific trials, and business operations, to cater to an evolving affected person profile, a converging ecosystem, and rising remedy areas. They’re searching for strategic companions that may ship AI-as-a-Service, underwriting their threat of innovation. Medidata’s new enterprise, Acorn AI, builds on a mix of deep life science pedigree, proprietary knowledge units, and AI methodologies to assist life science clients reimagine their working mannequin,” stated Nitish Mittal, Apply Director at Everest Group.To allow clients’ digital transformation with a purpose-built platform and scalable knowledge cloth, Medidata appoints Rama Kondru as its first-ever CIO. He’s now main the corporate’s enterprise knowledge technique, structure and future platform growth for Medidata’s product portfolio. Along with his experience, Medidata will speed up the creation of modern applied sciences, similar to AI and IoT capabilities, for broad use in healthcare. Rama Kondru is now a part of Medidata’s senior management group. As the previous CIO of Janssen Americas, Rama Kondru is an progressive and strategically targeted govt with over 20 years of expertise in various roles in pharma, medical units, knowledge science, and academia. He brings a wealth of expertise designing and growing expertise merchandise to ship enhanced affected person outcomes and experiences. Rama Kondru is properly recognised within the trade having obtained a number of awards and developed 25 patents, together with authoring greater than 30 peer-reviewed scientific publications. “For 20 years we’ve been steadfast in our mission of powering smarter remedies and more healthy individuals by closely investing in our platform, knowledge, AI and experience,” stated Tarek Sherif, chairman and chief govt officer, Medidata. “With the launch of Acorn AI and Rama’s appointment, we are actually uniquely positioned to create a brand new paradigm for all times science corporations who need to drive actionable insights at scale utilizing knowledge and AI.” -END-About Acorn AI™ Acorn AI™ is a Medidata firm that represents the subsequent horizon of the trade chief’s 20-year mission of powering smarter remedies and more healthy individuals. Acorn AI is designed to make knowledge liquid throughout all the lifecycle and to reply a very powerful questions in R&D and commercialization for patrons. Constructed upon the Medidata platform comprising greater than 17,000 trials and 4.eight million sufferers, Acorn AI merchandise function one of many trade’s largest structured, standardized scientific trial knowledge repository linked with actual world, translational and different datasets. For extra data: MedidataMedidata is main the digital transformation of life sciences, with the world’s most-used platform for scientific growth, business, and real-world knowledge. Powered by synthetic intelligence and delivered by the #1 ranked trade specialists, Medidata helps pharmaceutical, biotech, medical gadget corporations, and educational researchers speed up worth, decrease threat and optimize outcomes. Medidata and its corporations, Acorn AI and SHYFT, serve greater than 1,200 clients and companions worldwide and empower greater than 150,000 licensed customers daily to create hope for tens of millions of sufferers. Uncover the way forward for life sciences: www.medidata.comMedidata SolutionsInvestors:Betsy Frank, +1 [email protected]:Erik Snider, +1 [email protected]