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Algorics

Full company profile

uuid000bri6

Namestring
Algorics
Websiteurl
algorics.com
Company typeenum
Private
Founded yearint
2018
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersKathmandu, Nepal
HQ citystring
Kathmandu
HQ countrystring
Nepal
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
clinical trial analytics, clinical data insights, bio-pharma data platform, CRO data services, real-time trial monitoring
Industry4 codes
PRIMARYHLAGAAAF
Clinical Data Management, Biostatistics & Statistical Programming CROs
SECONDARYHLAGAJAM
Clinical Trial Informatics (EDC/CTMS/eCOA/eTMF)
Healthcare & Life Sciences/Life Science Tools & Services (CRO/CDMO/Lab Services)/Life Science Software & Informatics (LIMS/ELN/Bioinformatics)
SECONDARYHLACAOAO
Biostatistics, Statistical Computing & Clinical Programming (SAS/R/Pipelines)
Healthcare & Life Sciences/Digital Health & Health IT/Clinical Trials & Research Informatics (eCOA/ePRO/EDC)
SECONDARYHLAGAOAB
Data Management, Biostatistics & Statistical Programming FSP
Healthcare & Life Sciences/Life Science Tools & Services (CRO/CDMO/Lab Services)/Scientific Staffing & Functional Service Providers (FSP)
NAICS code2 codes
  • Custom Computer Programming Services541511
  • Scientific Research and Development Services5417
SIC code2 codes
  • Services-Computer Processing & Data Preparation7374
  • Services-Computer Programming, Data Processing, Etc.7370
Product category
Clinical Trial Data Analytics
Social media profiles3 records
Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

Algorics provides real-time clinical data analytics and insights that help bio-pharma companies and CROs run faster and better clinical trials. Its offering combines a data-insights capability with clinical data services delivered by an analytics team in Hyderabad (via acquired DCDS), supporting trial sponsors in monitoring and acting on clinical data during trial execution.

Differentiator
Functional benefit
Problem solved
Product and service2 records
1Real-Time Clinical Data Insights
CategoryClinical Trial Data Analytics
Description

Analytics offering that delivers real-time clinical data insights to bio-pharma sponsors and CROs to help them run faster and better-informed clinical trials.

2Clinical Data Services (via DCDS, Hyderabad)
CategoryClinical Data Services
Description

Clinical data services delivered by an analytics team based in Hyderabad (added through the June 2021 acquisition of Domain Clinical Data Sciences), supporting clinical trial data processing and analytics for sponsors and CROs.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-06-07
Description

Algorics announced the acquisition of Domain Clinical Data Sciences (DCDS), a clinical data services organization based in India, on June 7, 2021. The acquisition aims to expand Algorics' analytical team and geographic footprint, especially in Hyderabad. This strategic acquisition strengthens Algorics' capabilities in clinical data services.

Recent move3 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Large global CRO with an extensive clinical data management, biostatistics, and statistical programming practice (including FSP). Directly competes for the same clinical-data-services engagements Algorics targets, but at much greater scale and breadth.

TypeBroad incumbent
Description

World's largest CRO with deep clinical data management, EDC, and real-world evidence capabilities. Overlaps with Algorics across clinical data services and analytics, but competes as part of a much wider portfolio.

TypeBroad incumbent
Description

Major global CRO offering clinical data management, biostatistics, and FSP solutions. Targets the same bio-pharma sponsor clients as Algorics for clinical-data-services work.

TypeBroad incumbent
Description

Large CRO with significant clinical data management and biostatistics operations, including FSP models. Competes for sponsor clinical data work at global scale.

TypeBroad incumbent
Description

Established CRO/CDMO with a clinical data services and biostatistics practice serving bio-pharma sponsors across trial phases.

TypeDirect peer
Description

Leading clinical trial technology platform (EDC/CTMS/eCOA) and adjacent clinical data services. Directly competes in the real-time clinical data insights category Algorics positions around.

TypeBroad incumbent
Description

Cloud software provider for life sciences, including CDB (clinical data) and CTMS products used by the same sponsors Algorics serves. Overlaps on the technology side of clinical data workflows.

TypeDirect peer
Description

Specialized clinical trial technology and eCOA/ePRO data collection provider with a strong India delivery footprint. Competes with Algorics across clinical data services and clinical trial informatics.

TypeDirect peer
Description

Specialty CRO focused on clinical data management, biostatistics, and statistical programming for bio-pharma sponsors. A close niche peer to Algorics in clinical-data CRO services.

TypeDirect peer
Description

Specialty biostatistics and clinical data analytics firm with strong India delivery operations. Competes directly with Algorics for sponsor biostatistics and clinical-data-services engagements.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights4 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Algorics

Clinical Trial Data Analyticsalgorics.com

Algorics firmographics

Firmographics
Name
Algorics
Website
https://algorics.com
Company type
Private
Founded year
2018
Operating status
Operating
Headcount range
1–10 employees
Ownership category
akta.pro rank

Algorics industry classification

Industry
Product category
Clinical Trial Data Analytics
NAICS
Custom Computer Programming Services (541511), Scientific Research and Development Services (5417)
SIC
Services-Computer Processing & Data Preparation (7374), Services-Computer Programming, Data Processing, Etc. (7370)
akta.pro industry
PRIMARYHLAGAAAF
Clinical Data Management, Biostatistics & Statistical Programming CROs
SECONDARYHLAGAJAM
Clinical Trial Informatics (EDC/CTMS/eCOA/eTMF)
Healthcare & Life Sciences/Life Science Tools & Services (CRO/CDMO/Lab Services)/Life Science Software & Informatics (LIMS/ELN/Bioinformatics)
SECONDARYHLACAOAO
Biostatistics, Statistical Computing & Clinical Programming (SAS/R/Pipelines)
Healthcare & Life Sciences/Digital Health & Health IT/Clinical Trials & Research Informatics (eCOA/ePRO/EDC)
SECONDARYHLAGAOAB
Data Management, Biostatistics & Statistical Programming FSP
Healthcare & Life Sciences/Life Science Tools & Services (CRO/CDMO/Lab Services)/Scientific Staffing & Functional Service Providers (FSP)

Keywords

  • Clinical trial analytics
  • Clinical data insights
  • Bio-pharma data platform
  • CRO data services
  • Real-time trial monitoring

Where Algorics is headquartered

Location

Headquarters

HQ city
Kathmandu
HQ country
Nepal
HQ region
Asia

Offices1 record

Markets served

Algorics business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Algorics product offering

Product offering

Core offering

Algorics provides real-time clinical data analytics and insights that help bio-pharma companies and CROs run faster and better clinical trials. Its offering combines a data-insights capability with clinical data services delivered by an analytics team in Hyderabad (via acquired DCDS), supporting trial sponsors in monitoring and acting on clinical data during trial execution.

Differentiator

Problem solved

Functional benefit

Products and services

  • Real-Time Clinical Data Insights Analytics offering that delivers real-time clinical data insights to bio-pharma sponsors and CROs to help them run faster and better-informed clinical trials.
  • Clinical Data Services (via DCDS, Hyderabad) Clinical data services delivered by an analytics team based in Hyderabad (added through the June 2021 acquisition of Domain Clinical Data Sciences), supporting clinical trial data processing and analytics for sponsors and CROs.

Companies that use Algorics

Customer profile

Ideal customer profiles2 records

Algorics technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Algorics partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Domain Clinical Data Sciences (DCDS)coreStrategic or Co-development Partner · 7 June 2021Algorics announced the acquisition of Domain Clinical Data Sciences (DCDS), a clinical data services organization based in India, on June 7, 2021. The acquisition aims to expand Algorics' analytical team and geographic footprint, especially in Hyderabad. This strategic acquisition strengthens Algorics' capabilities in clinical data services.

Scale indicators1 record

Recent moves3 records

Expansion highlights3 records

Algorics competitors and assessment

Company assessment

Broad incumbents

  • Precision for Medicine: Large global CRO with an extensive clinical data management, biostatistics, and statistical programming practice (including FSP). Directly competes for the same clinical-data-services engagements Algorics targets, but at much greater scale and breadth.
  • IQVIA: World's largest CRO with deep clinical data management, EDC, and real-world evidence capabilities. Overlaps with Algorics across clinical data services and analytics, but competes as part of a much wider portfolio.
  • ICON plc: Major global CRO offering clinical data management, biostatistics, and FSP solutions. Targets the same bio-pharma sponsor clients as Algorics for clinical-data-services work.
  • Parexel: Large CRO with significant clinical data management and biostatistics operations, including FSP models. Competes for sponsor clinical data work at global scale.
  • Charles River Laboratories: Established CRO/CDMO with a clinical data services and biostatistics practice serving bio-pharma sponsors across trial phases.
  • Veeva Systems: Cloud software provider for life sciences, including CDB (clinical data) and CTMS products used by the same sponsors Algorics serves. Overlaps on the technology side of clinical data workflows.

Direct peers

  • Medidata Solutions (Dassault Systèmes): Leading clinical trial technology platform (EDC/CTMS/eCOA) and adjacent clinical data services. Directly competes in the real-time clinical data insights category Algorics positions around.
  • Clario: Specialized clinical trial technology and eCOA/ePRO data collection provider with a strong India delivery footprint. Competes with Algorics across clinical data services and clinical trial informatics.
  • Bioforum The Data Masters: Specialty CRO focused on clinical data management, biostatistics, and statistical programming for bio-pharma sponsors. A close niche peer to Algorics in clinical-data CRO services.
  • Cytel: Specialty biostatistics and clinical data analytics firm with strong India delivery operations. Competes directly with Algorics for sponsor biostatistics and clinical-data-services engagements.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

Algorics social profiles

Digital presence

Algorics financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Algorics leadership team

Management profile

Number of profiles

Profiles1 record

Algorics subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Algorics funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Algorics M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Algorics

What does Algorics do?

Algorics provides real-time clinical data analytics and insights that help bio-pharma companies and CROs run faster and better clinical trials. Its offering combines a data-insights capability with clinical data services delivered by an analytics team in Hyderabad (via acquired DCDS), supporting trial sponsors in monitoring and acting on clinical data during trial execution.

When was Algorics founded?

Algorics was founded in 2018. It employs 1 to 10 people.

Where is Algorics based?

Algorics is headquartered in Kathmandu, Nepal, in the Asia region.

Who are Algorics's main competitors?

Broad incumbents on record are Precision for Medicine, IQVIA, ICON plc, Parexel, Charles River Laboratories and Veeva Systems. Direct peers are Medidata Solutions (Dassault Systèmes), Clario, Bioforum The Data Masters and Cytel.

Does Algorics have an API?

No public API is recorded for Algorics.

What industry is Algorics in?

Algorics's product category is Clinical Trial Data Analytics. Its primary akta.pro industry code is HLAGAAAF, Clinical Data Management, Biostatistics & Statistical Programming CROs, with a secondary code of HLAGAJAM, Clinical Trial Informatics (EDC/CTMS/eCOA/eTMF). Its NAICS code is 541511 and its SIC code is 7374.

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Live signals
citybizPrecision for Medicine Acquires AlgoricsPrecision for Medicine announced the acquisition of Algorics, a clinical technologies and biometrics service provider, to enhance its global capabilities in clinical data management and expand its presence in the Asia-Pacific region. The deal includes Algorics' innovative technologies, MetaVate and Clarity, which improve trial analysis, execution, and oversight for biopharma clients.PR NewswireAlgorics launches MetaVate, metadata-driven automation for clinical data flow and transparencyAlgorics has released version 2 of MetaVate, a metadata-driven automation platform designed to streamline clinical data flow and enhance transparency for regulatory submissions. The solution features a modular architecture that supports the creation of target datasets from various sources, aiming to improve efficiency for statistical programmers in the life sciences sector.PharmiWeb.comAlgorics announces acquisition of Domain Clinical Data SciencesAlgorics announced its acquisition of Domain Clinical Data Sciences (DCDS), a clinical data services organization based in India, on June 7, 2021. This acquisition aims to expand Algorics' team of analytical professionals and enhance its commercial growth, while also increasing its geographic footprint with a new location in Hyderabad. The deal follows a year of significant growth for Algorics, which has resulted in hiring new talent and adding clients to its portfolio.NewsroomAlgorics announces acquisition of Domain Clinical Data SciencesAlgorics announced the acquisition of Domain Clinical Data Sciences (DCDS), a clinical data services organization based in India, to expand its team and commercial growth. The deal brings Algorics' headcount to 60 and establishes a new operational location in Hyderabad, strengthening its capabilities in biostatistics and programming for the pharmaceutical industry.GlobeNewswireOmniComm Completes Asset Acquisition of AlgoricsOmniComm completed the acquisition of Algorics' assets and assumed liabilities, adding its Acuity clinical analytics platform. The system-agnostic platform will enhance OmniComm's TrialMaster and TrialOne EDC lines with real-time reporting. Algorics' CEO will become senior vice president of Data Sciences at OmniComm.PR NewswireMedNet Solutions Announces Technology Partnership With AlgoricsMedNet Solutions and Algorics announced a strategic technology partnership to integrate MedNet's iMedNet eClinical platform with Algorics' Acuity clinical analytics solution. This integration provides superior risk-based monitoring (RBM) functionality, including real-time insights and automated alerts, to help study sponsors and CROs manage clinical trial risks more effectively.