January 5, 2012: Greenphire's 2011 Year in Review
2011 has been a busy and exciting year for Greenphire! Here are a few highlights:
In November, Greenphire was selected by AlwaysOn as a Venture Summit Mid-Atlantic 100 Award Winner for leadership in developing innovative clinical technologies.
In September, Greenphire closed a Series A financing of $1.5 million in growth capital led by FirstMark Capital, dramatically opening opportunities to expand sales and R&D investment in early 2012.
In July, Greenphire signed its 100th clinical research site client, Montefiore Medical Center. Greenphire’s established site business complements a base of over 50 sponsor and CRO clients.
In June, Greenphire unveiled the eClinicalGPS technology at the annual Drug Information Association event in Chicago. The eClinicalGPS is the first technology platform that automates all global clinical payment activity into local currency from a single currency account.
In March, CEO Sam Whitaker was nominated for the Partnerships in Clinical Trials Hall of Fame Award for Technology and Innovation, a prestigious recognition from one of the most established organizations in the clinical research industry.
Greenphire initiated several strategic partnerships with leading clinical technology providers including Almac Clinical Technologies, Merge Healthcare, Bio-Optronics, Mytrus, BRANY, Wells Fargo, and Citigroup.
Greenphire successfully expanded its user base to academic research centers and universities, with notable adoptions by Dartmouth College, Tufts University, the University of Kansas, the University of Kansas Medical Center, the University of Southern California, and the University of Cincinnati.
Greenphire’s ClinCard System was adopted by the world’s largest pharmaceutical sponsor, Pfizer, in the first-ever “virtual” clinical trial, wherein patients participate remotely and receive automated and real-time payments through Greenphire’s ClinCard System.
Greenphire’s staff size doubled during 2011 from 10 to over 20 employees and will continue to grow with several new hires planned for early 2012.
