Transaction Overview
MedVector is enabling local physicians to use clinical trials as a care option without acting as an investigator or triggering a clinical trial site. With MedVector, treating physicians can “host” clinical trial appointments while capturing the revenue associated with standard-of-care medical tests required by the study protocol. Now patients can participate in clinical trials from the comfort and familiarity of their local provider’s office (including nursing homes, lab sites or prescription pick-up locations). SRC not only provided initial seed capital to the Company, but its Principals served in an executive leadership role during the onset.