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Science 37 Holdings Inc. (SNCE) leads the transformation of clinical research through its decentralized trial platform combining telemedicine and networked trial solutions. This news hub provides investors and healthcare professionals with essential updates on the company's operational developments and industry leadership.
Access real-time announcements about clinical trial milestones, regulatory compliance achievements, and strategic partnerships. Our curated collection features earnings reports, technology innovations like the Metasite™ platform, and patient enrollment breakthroughs that demonstrate Science 37's impact on modern clinical research.
Key updates include progress in decentralized trial models, collaborations with medical institutions, and advancements in virtual patient recruitment. Bookmark this page to stay informed about how SNCE continues to redefine clinical trial accessibility while maintaining rigorous quality standards across all operations.
Science 37 Holdings (NASDAQ: SNCE) announced the granting of an inducement equity award under its 2022 Employment Inducement Incentive Award Plan. Approved by the Board of Directors, this award consists of options to purchase 10,000 shares at an exercise price of $0.56 per share, aligning with the closing stock price on the grant date, December 9, 2022. The options have a 10-year term with a four-year vesting schedule, aimed at incentivizing a new non-executive employee.
Science 37's mission focuses on enhancing access to clinical research through decentralized trials, accelerating treatment development.
Science 37 Holdings, Inc. (Nasdaq: SNCE) announced participation in the 5th Annual Evercore ISI HealthCONx Conference. The event includes a virtual fireside chat scheduled for December 1, 2022, at 8:50 a.m. Eastern Time. Interested parties can access the live and archived webcast through the company’s website. Science 37 is recognized for pioneering decentralized clinical trials, aiming to enhance access to clinical research. With its innovative technology platform, the company enables faster enrollment and improved retention in clinical studies.
Science 37 and BEKHealth have announced a partnership that will enhance access to clinical trials by enabling Science 37 to utilize electronic medical record (EMR) data across its network of over 35,000 community providers, impacting more than 35 million patient lives. This initiative aims to increase enrollment speed and diversity, addressing the traditional underrepresentation in clinical research. Science 37 has pioneered decentralized trials, enabling faster enrollment and better retention compared to traditional methods.
Science 37 Holdings (Nasdaq: SNCE) announces a partnership with Linical Americas to enhance decentralized clinical trial solutions globally. The collaboration aims to improve patient access and support faster, more inclusive, and patient-centric trials, particularly in oncology, central nervous system, and infectious disease areas. This partnership leverages Science 37's innovative Metasite™ technology, aligning with both companies' missions to accelerate clinical research and reduce patient burden.
Science 37 Holdings, Inc. (NASDAQ: SNCE) reported financial results for the third quarter of 2022, highlighting a 14% revenue increase to $16.2 million compared to Q3 2021. However, net bookings dropped significantly to $4.7 million from $35.9 million the previous year due to contract signing delays. The company implemented a cost reduction program, cutting staff by 16% to save approximately $21 million annually. The revised 2022 revenue guidance is set at $68.2 million to $69.2 million, with an adjusted EBITDA outlook of $(65.4) million to $(66.4) million.
Science 37 Holdings, Inc. (Nasdaq: SNCE) will release its third quarter 2022 financial results on November 10, 2022, after market close. A conference call for investors is scheduled for November 11, 2022, at 8:30 a.m. ET. Interested participants must register in advance to obtain dial-in details. Following the call, a replay will be available for 90 days. Science 37 aims to enhance clinical research accessibility, utilizing a technology platform that enables faster enrollment and better retention in decentralized clinical trials.
Science 37 Holdings, Inc. (Nasdaq: SNCE) has appointed Paul von Autenried, former Chief Information Officer at Bristol Myers Squibb, to its Board of Directors. With over 26 years of leadership experience, von Autenried brings valuable industry and technology expertise to enhance Science 37's growth and its unique Agile Clinical Trial Operating System. He replaces Adam Goulburn, who contributed significantly to the company’s success, including its public offering in 2021. Science 37 aims to democratize clinical research through its innovative platform.
Science 37 Holdings, Inc. (Nasdaq: SNCE) has appointed Michael Shipton as Chief Commercial Officer to enhance business development and capitalize on the demand for decentralized clinical trials. With over 25 years of experience in clinical research, including significant sales achievements at Syneos Health, Shipton aims to drive enterprise growth and improve clinical trial accessibility. CEO David Coman emphasizes Shipton's expertise as critical for meeting ambitious growth goals. The company, known for its Agile Clinical Trial Operating System, seeks to streamline research processes for patients and providers.
Science 37 Holdings, Inc. (Nasdaq: SNCE) announced its participation in the Baird Global Healthcare Conference in New York, scheduled for September 13, 2022, at 3:45 p.m. Eastern Time. A live and archived webcast of the presentation will be available on the company's Investor Relations webpage.
Science 37 aims to improve access to clinical research through its Agile Clinical Trial Operating System™, enhancing the speed and diversity of patient enrollment while supporting decentralized clinical trials.