Barry Lake, Devana Solutions

Note to File

Barry Lake is the CEO of Devana Solutions, guiding the growth and expansion of the leading and most innovative software platforms for the clinical trials industry. Barry is a successful entrepreneur who has started and successfully grown several businesses over his career and has been actively involved in the healthcare space for well over a decade. Barry originally bought a site network with the intention of cashing out on the current site-consolidation trend fueled by private equity but pivoted to SaaS when he saw the need. Devana Solutions is driven by a core belief that performance data transparency through technology is critical to the selection of top-performing research sites and organizations to align with pharmaceutical sponsors and CROs to reduce drug development costs and cure disease.

In this episode we discuss the fragmentation in the clinical trial industry, the limitations of CTMS, and the importance of sites tracking their own metrics.