[ANN] ClinTex CTi - Faster, Cheaper, Safer Medicine : DLT in Clinical Trials

[imma24]

While there are other noble blockchain healthcare projects out there, ClinTex is the only healthcare project that is tackling a clear, and current problem facing the healthcare industry today, one which is in high demand and has been called in real world healthcare circles from academics and pharmaceutical industry insiders.

Big Pharma Seeks DLT Solution for Drug Costs: https://www.coindesk.com/cloud-provider-xunlei-launches-new-blockchain-file-system/

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[DutchTranslator]

Ever wondered how the CTi platform distinguishes itself from other tools used in clinical trials? Here's a list 

- Providing the first ever collaboration platform for clinical trials
- Exploiting the immutability and interoperability of distributed ledger technology to create an eco-system to foster collaboration across the entire pharmaceutical industry. This
  will be achieved through the creation of a perpetually increasing library of data analytics, facilitating the sharing of “lessons learned” across corporate boundaries without any
  compromise of sensitive data
- Bringing Machine Learning to clinical trial management
- Eliminating the need for hardware costs to be borne by the client
- Introducing an attractive pay-per-use model for clients
- Applying powerful and insightful data analytics functionality across administrative, operational and clinical functions in clinical trials
- Allowing for workflow management, “closing the loop” and full audit-trail functionality to identify, action and resolve issues detected by the tool

It will also be the first clinical trial project using decentralized oracles (Chainlink's network)! Big stuff is in the works. 

[imma24]

Hello folks,

Token Sale dates aren't yet finalized but expected be sometime in Q4 this year. To register your interest, sign up to the mailing list here: https://www.clintex.io/token-generation-event/

[gorogoronomi]

Did you know that 50% of the total CLX supply will be made available to general public in the TGE and TGE pre-sale – A further 10% of the total CLX supply will be made available to strategic partners in the private pre-sale (invite only).

The strategic partners private round is open now, for enquiries please email saft@clintex.io.

[oa17]

In a new review by Tech Bullion, the author talks about ClinTex technology and the functionality of the platform


A Review of the Clintex Blockchain Powered Clinical Trial Management

Read More https://www.techbullion.com/a-review-of-the-clintex-blockchain-powered-clinical-trial-management/

[ribenapurpz]

ClinTex have already established a partnership with Intellimed to deploy the CTi platform in academic clinical
research settings. Further addition to the customer base is targeted for mid-2019, when on-boarding of
pharmaceutical companies conducting clinical trials will begin

[imma24]

Looking at the immutable nature of the blockchain, having a secure, complete, and immutable recorded history of clinical data views stored on a blockchain will allow for the creation and evolution of a decentralized clinical database which CTi will harness for powerful machine learning algorithms that will increase in potency over time, providing a powerful predictive tool for clinical trials that introduces hitherto untapped opportunities for efficiency and quality in the conduct of clinical research.

[DutchTranslator]

For those who haven't read it yet, check out this excellent Pharmoutsourcing piece on how next generation data visualization tools will make clinical trials more effective. ClinTex CTi fits well into this spectrum. After reading, you will definitely see the need for this platform 

https://www.pharmoutsourcing.com/Featured-Articles/348188-How-Next-Generation-Data-Visualization-Tools-Enable-Real-Time-Efficiencies-in-Clinical-Trials/

[oa17]

Integrating Blockchain technology with Clinical trials will give the following benefits:

1: Security to the clinical data and protection from any alteration
2: An immutable record that will show data and all changes in a consistent matter 
3: Past data that will show the complete history of clinical information
4: peer-2peer payments via smart contracts
5: Operation interoperability between several systems and data formats

[gorogoronomi]

ClinTex’s Projected use of Funds

• 35% platform development (blockchain developers, machine learning and neuro-linguistic programming experts, web and software developers) – building scalability of the CTi Platform to meet demand
• 30% clinical and analytic development (data scientists, statisticians, etc.) – further enhancing the range of analytics to meet customer demand, and expanding predictive analytics capabilities through integration of data from multiple clinical trials
• 2% ClinTex research grants to fund collaboration on clinical trials with NHS trusts, universities and the Institute of Translational medicine
• 15% marketing & sales, business growth and development – implementation of ClinTex’ marketing strategy to target the uptake of the CTi platform in the pharmaceutical industry, medicinal and academic settings
• 10% legal and accounting expenses, monitoring and assurance of compliance to FDA regulations (21 CRF part 11 compliance)
• 8% Operational expenses (admin / HR / rent, utilities, etc.).

[GreenSkyTrails]

ClinTex’s Projected use of Funds

• 35% platform development (blockchain developers, machine learning and neuro-linguistic programming experts, web and software developers) – building scalability of the CTi Platform to meet demand
• 30% clinical and analytic development (data scientists, statisticians, etc.) – further enhancing the range of analytics to meet customer demand, and expanding predictive analytics capabilities through integration of data from multiple clinical trials
• 2% ClinTex research grants to fund collaboration on clinical trials with NHS trusts, universities and the Institute of Translational medicine
• 15% marketing & sales, business growth and development – implementation of ClinTex’ marketing strategy to target the uptake of the CTi platform in the pharmaceutical industry, medicinal and academic settings
• 10% legal and accounting expenses, monitoring and assurance of compliance to FDA regulations (21 CRF part 11 compliance)
• 8% Operational expenses (admin / HR / rent, utilities, etc.).

Pretty awesome how transparent they are with the usage of funds. Often times, most ICOs just give some vague summary of they're used, but with Clintex their funding usage is quite detailed and respectable.

[imma24]

Hello all,

Here's a compelling business case for the CTi Platform - Enabling Real-Time Efficiencies in Clinical Trials.

https://www.pharmoutsourcing.com/Featured-Articles/348188-How-Next-Generation-Data-Visualization-Tools-Enable-Real-Time-Efficiencies-in-Clinical-Trials/

[GreenSkyTrails]

Hello all,

Here's a compelling business case for the CTi Platform - Enabling Real-Time Efficiencies in Clinical Trials.

https://www.pharmoutsourcing.com/Featured-Articles/348188-How-Next-Generation-Data-Visualization-Tools-Enable-Real-Time-Efficiencies-in-Clinical-Trials/

Nice! While the UI in the pic is just a demo it's important that the team's already planning out various business cases 

[jannamaile]

An official legal and regulated ICO under the new Malta laws, is this the first? My guess is we will be seeing a lot more of these coming out of Malta

[dimadmitriev]

An official legal and regulated ICO under the new Malta laws, is this the first? My guess is we will be seeing a lot more of these coming out of Malta

Hopefully, its good to have the reassurance, removes the risk of regulators coming later and stamping on everything if these projects can get clearance from the get-go – I’m guessing the team behind it must be vetted then too similar to a SEC registration?

[Vojdel]

An official legal and regulated ICO under the new Malta laws, is this the first? My guess is we will be seeing a lot more of these coming out of Malta

Hopefully, its good to have the reassurance, removes the risk of regulators coming later and stamping on everything if these projects can get clearance from the get-go – I’m guessing the team behind it must be vetted then too similar to a SEC registration?

Is this a security then?

[Alterberg]

An official legal and regulated ICO under the new Malta laws, is this the first? My guess is we will be seeing a lot more of these coming out of Malta

Hopefully, its good to have the reassurance, removes the risk of regulators coming later and stamping on everything if these projects can get clearance from the get-go – I’m guessing the team behind it must be vetted then too similar to a SEC registration?

Is this a security then?

I think its defined as a ‘virtual asset’, Malta is ahead of the times when it comes to this stuff

[Btcmnr]

They have an interesting model, so as users come to the platform and sign-up the tokens they pay with are then locked-up for 6 to 12 months according to the whitepaper. So to anyone hodl’ing this is sort of like a token burn? Do I have that right?

[Kurrie]

They have an interesting model, so as users come to the platform and sign-up the tokens they pay with are then locked-up for 6 to 12 months according to the whitepaper. So to anyone hodl’ing this is sort of like a token burn? Do I have that right?

Yes that’s how I understood it too, except the tokens eventually will be returned to the supply pool.. but if the platform takes off then that a huge amount of tokens leaving the circulating supply??

[sashadoc]

They have an interesting model, so as users come to the platform and sign-up the tokens they pay with are then locked-up for 6 to 12 months according to the whitepaper. So to anyone hodl’ing this is sort of like a token burn? Do I have that right?

Yes that’s how I understood it too, except the tokens eventually will be returned to the supply pool.. but if the platform takes off then that a huge amount of tokens leaving the circulating supply??

Yea, if they accomplish this and gain market share with the pharma industry, this token value then should go through the roof with that model