New Frontiers graduate gives DIT Hothouse a special mention in the Irish Times
Mats Forsgren and Tom Beaufoy are the brains behind Clindox, a software start-up specialising in applications for the pharmaceutical and medical device sectors. In particular, Clindox has developed a product that helps companies capture data from clinical trials more easily, efficiently and cost effectively.
Despite huge advances in technology, paper is still widely used to record trial results and the partners set up Clindox to develop a niche product to replace it. “My father had a business (also called Clindox) that designed and printed the case report forms,” Forsgren says. “I had worked with him as an adviser and always wondered why his clients still printed forms rather than using a computer application.
Forsgren began looking into the “why” and discovered that existing software solutions were both complex and expensive. As a result paper was the more cost-effective option for small trials.
He identified this niche as a potential new business opportunity but “parked” the idea until 2013 when he joined the DIT Hothouse New Frontiers Programme and began working on the idea full time. Prior to setting up Clindox he was global sales director for a London-based software company.
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