ZS Acquires Healthcare-focused AI and Analytics Firm, Trials.ai

ZS looks to expand its presence in the medical sector with Trials.ai's acquisition. An effort to aid the clinical trials team.
Listen to this story

Technology and management consulting firm ZS recently announced that it acquired Trials.ai, a healthcare-focused, pure-play AI and analytics company. ZS calls the acquisition an effort to aid the clinical trials team to help achieve an improved participant experience and deliver therapies to the market in a speedy manner.  

Kim Walpole, co-founder of Trials.ai said, with this acquisition, the duo looks to help bring in more sponsors and help assist critical treatments to market in an accelerated manner. Trials.ai works on using real-time and data-driven intelligence to support study teams to bring forth a speedy and efficient way to make the lives of patients simple, and in the process manage pharmaceutical company’s time and money in an structured manner. 

The start of Trials.ai has been quite personal. Due to the delay in the clinical trial process, Walpole lost one of her close friends. This unfortunate experience accelerated her to the setting up a company in July 2016, bringing speedy clinical trials to needy patents.  

Subscribe to our Newsletter

Join our editors every weekday evening as they steer you through the most significant news of the day, introduce you to fresh perspectives, and provide unexpected moments of joy
Your newsletter subscriptions are subject to AIM Privacy Policy and Terms and Conditions.

Consisting of a team of professionals from various fields, including AI and life science, the company implants NLP and machine learning to process vast amounts of data in the clinical research fields, and later offer these insights and recommendations to trial sponsors. 




These insights help trial sponsors to optimise their trial protocols and minimise failure. It was estimated that $65 billion is spent by trial sponsors on clinical trials. Out of which, 45 percent of them fail due to improper trial designs. Trials.ai works towards reducing this figure by assisting clinical trials teams in pharmaceuticals, biotech and device companies. 

ZS Chairman, Jaideep Bajaj said that the acquisition of Trials.ai will help their clients by reducing costs and identifying potential risks in their clinical development process. They will focus on end-to-end solutions to trial sponsors to work on their study designs. 

ZS has keenly been investing in the healthcare industry in the last couple of years. In May 2022, ZS acquired Intomics, an analytics company that works with biomedical big data to infer biological insights. In June 2021, the company acquired Medullan, a solution providing digital health firm. All the companies, including Trials.ai were acquired for an undisclosed amount. 

Founded in 1983, ZS Associates is a global marketing and consulting technology company. They apply deep analytics and industry knowledge to serve their clients. In the healthcare sector, ZS has worked with top 50 pharmaceutical companies, and catered to 21 out of 25 top medical technology firms. 

Vandana Nair
As a rare blend of engineering, MBA, and journalism degree, Vandana Nair brings a unique combination of technical know-how, business acumen, and storytelling skills to the table. Her insatiable curiosity for all things startups, businesses, and AI technologies ensures that there's always a fresh and insightful perspective to her reporting.

Download our Mobile App

MachineHack

AI Hackathons, Coding & Learning

Host Hackathons & Recruit Great Data Talent!

AIM Research

Pioneering advanced AI market research

Request Customised Insights & Surveys for the AI Industry

The Gold Standard for Recognizing Excellence in Data Science and Tech Workplaces

With Best Firm Certification, you can effortlessly delve into the minds of your employees, unveil invaluable perspectives, and gain distinguished acclaim for fostering an exceptional company culture.

AIM Leaders Council

World’s Biggest Community Exclusively For Senior Executives In Data Science And Analytics.

3 Ways to Join our Community

Telegram group

Discover special offers, top stories, upcoming events, and more.

Discord Server

Stay Connected with a larger ecosystem of data science and ML Professionals

Subscribe to our Daily newsletter

Get our daily awesome stories & videos in your inbox
MOST POPULAR

Subscribe to Our Newsletter

The Belamy, our weekly Newsletter is a rage. Just enter your email below.