Tools4Patient Raises Series B Financing for Commercial Expansion of Clinical Development Solutions
Placebell©™ technology designed to limit the negative impact of the placebo effect in clinical trials.
Placebell©™ technology designed to limit the negative impact of the placebo effect in clinical trials.
While drug developers have been struggling with the placebo response for decades, Placebell©™ is the first commercially available technology that enables scientists to control for the placebo response in clinical studies. Tools4Patient (T4P) launched Placebell©™ in late 2017,
The commercial launch of Placebell©™ for peripheral neuropathic pain in October 2017 has increased interest from biopharma industry stakeholders in T4P’s low-risk validated technology.
Following the commercial launch of Placebell©™ in peripheral neuropathic pain in October 2017 and the initiation of the validation of Placebell©™ in osteoarthritis in August 2017,