SOURCE: Databean

May 13, 2014 08:00 ET

Databean Takes the Crown at Health Tech Pitch Competition

Databean Claims $10,000 Prize and a Place in Westchester Blueprint Accelerator Network

WESTCHESTER, NY--(Marketwired - May 13, 2014) - Databean, LLC took first place in the Westchester County Association's Health Tech '14 "Pitch to the Pros" contest. Six companies, including Databean, vied for the top prize before a crowd of more than 300 investors, venture capitalists, real estate, business leaders, and life science innovators.

"Winning this pitch competition is significant for Databean, but the real value is the exposure to healthcare organizations, legal and financial firms, and biotech companies in the region," said Nuala Ronan, Managing Partner, Databean. "We are primed to scale the business and look forward to expanding our reach in global clinical research initiatives."

As part of its winnings, the innovative clinical research organization (CRO) will receive a $10,000 cash grant plus a coveted spot in the WCA's BLUEPRINT Accelerator Network. Upon joining the Accelerator Network, Databean will receive complimentary office space, professional services, advertising in local media, and access to financing and mentoring in Westchester County.

The pitch competition kicked off the two-day Health Tech '14 conference, which focused on Westchester County's vibrant health innovation economy spurred by the region's $15 billion healthcare industry.

"We are grateful that the judges recognized the power in fostering a trusted clinical partner with broad regulatory experience and state-of-the-art technology," said Joseph Leake, VP Business Development, Databean. "Databean is well positioned for growth and poised to become a great Westchester success story as part of the Accelerator Network."

The Westchester County Association is a private business group that promotes economic development in Westchester County and has organized the Blueprint Accelerator Network to serve as a catalyst for that economic development and to speed the growth of promising early-stage companies in Westchester.

About Databean
Databean is a clinical research organization (CRO) providing end-to-end clinical trial management services to biotechnology, biopharmaceutical, and medical device companies with targeted therapeutics in the areas of immunomodulation, solid organ transplantation, and implantable medical devices. By combining our expert scientific knowledge and cutting edge technologies, Databean provides efficient, affordable, and scalable solutions to guide life science companies through the complex regulatory and clinical processes necessary for product approval. Our scientific and operational expertise begins with pre-clinical product planning including Phase I feasibility studies, Phase II-III pivotal trials, Phase IV post-approval and health economic studies, and scientific communications. For more information, visit www.databean.com.

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