At this year’s 15th Annual Business Awards Dinner hosted by Wellesley’s Chamber of Commerce, 4G Clinical took home the “New Member of the Year” award for its commitment to supporting the Wellesley community, said Maura O’Brien, Chamber president. She added that 4G’s mission introduces a new kind of business “unique within our Chamber.”
Located at 370 Washington St., 4G Clinical is a biopharma software company. The company’s goal is to bring crucial medicines to those who need them, faster. The company’s software system, Prancer, simplifies and accelerates randomization and trial supply management (RTSM) to reduce the clinical trial timeline.
“Prancer utilizes natural language processing (NLP) alongside integrated clinical supplies forecasting and management functionality to slash development timelines, increase operational efficiencies and offer exceptional quality,” said Amy Ripston, head of marketing and business development at 4G.
The RTSM management platform is built on a modern technology stack, which refers to the fully cloud-based IT infrastructure or set of software components that supports 4G’s RTSM solution, said Ripston.
NLP technology, according to 4G’s website, enables Prancer to read and interpret written RTSM specifications, understand them, and build a deployable system automatically.
All of this offers exceptional quality, said the company about RTSM itself. “The way it is built enables customers to review the system during development so they have confidence the system functions as intended,” Ripston said. “Our software is used in clinical trials to assign treatment to patients and protect sensitive information, therefore our software must be validated, meeting stringent regulations.”
RTSM systems are responsible for enabling critical functions of a clinical trial, from randomizing patients (who gets the active drug and who gets the placebo), dispensing drug (ensuring patients receive the correct dose) and site resupply (controls the flow of drug from the manufacturer to the depot to the clinical site), according to the company.
Originally based in Dover, 4G moved to its permanent location in Wellesley in October 2016.
Christine Hurley, 4G’s chief operating officer, said the company decided to move to Wellesley because it’s closer to many of its clients, and because of the “overall accessibility and convenience to major routes via commuter rail and auto.”
The company joined the Chamber because they said they felt their business needed to be connected and visible to their community via the Chamber. Hurley said the Chamber is a small investment for the value of connection with the community and their neighbors. The company looks to get more involved in the community; in short, they think global but want to be global too.
In 2015, the company launched the start-up with the fourth generation of its original software, which is where the name 4G comes from. College friend founders Dave Kelleher, chief executive officer and Ed Tortellotte, chief technical officer, developed the software. Both founders have been touched by diseases for which 4G works to find treatments.