A clinical trials software startup in Cary, N.C., is in the midst of developing its prototype and plans a $3 million fund-raise early next year.
RedOak Logic is creating digital clinical trials software but with a dimension of intelligence that can, among other things, pinpoint anomalies in trial subjects down to the genetic level, and contrast large amounts of trial data from virtually any type of public data. “We even threw in the Dow Jones Industrial Average” in one test, company founder Dale Fedewa said.