CRF Health, Inc.

CRF Health, Inc. is a UK-based company specializing in electronic Clinical Outcome Assessments (eCOA) that enhance patient engagement and streamline data collection in clinical trials. Founded in 2000 and headquartered in London, UK, CRF Health, Inc. focuses on providing digital health solutions for clinical trials.

The company has engaged in 9 deals, with the most recent deal occurring on July 17, 2018, when it underwent a management sale for EUR 6. 000 mn, raising a total of EUR 6. 000 mn. The company was founded by Brian Wright, who currently serves as the CEO.

CRF Health specializes in digital health solutions that enhance patient engagement and data collection in clinical trials. Its flagship product, the eSource platform, allows for real-time patient data collection, improving the efficiency of clinical trials. The company also provides tools for electronic patient-reported outcomes (ePRO) and clinical trial management systems, serving pharmaceutical companies, biotech firms, and contract research organizations (CROs) primarily in North America and Europe. CRF Health generates revenue through a subscription-based model that includes licensing fees for its software products and services.

The company engages clients through contractual agreements that typically span the duration of clinical trials, generating steady income through fees for access to its eSource platform and associated tools, tailored to meet client needs. In July 2018, CRF Health completed a merger with Bracket Global, LLC, forming a combined entity now known as Signant Health. The company plans to leverage its recent funding to expand its product offerings and enhance its market presence. Future initiatives include the development of new tools aimed at optimizing clinical trial processes and potentially entering emerging markets in Asia by 2025.