Elligo Health Research Raises $20M to Connect More Physicians and Their Patients to Clinical Research as a Care Option
PIPER JAFFRAY COMPANIES (PJC)
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Source: Business Wire
AUSTIN, Texas--(BUSINESS WIRE)-- Elligo Health Research, an integrated research organization (IRO), announced today $20 million in Series C funding led by Piper Jaffray Merchant Banking, a division of Piper Jaffray, with participation from all lead Series A and B investors. This funding is the second investment the company has gained in a little over a year for its innovative and successful approach. In March 2018, Elligo announced $16 million in Series B funding. “We believe in Elligo’s mission to help all patients have the best access to clinical trials as a care option,” said Tom Schnettler, managing director at Piper Jaffray Merchant Banking and a new Elligo board member. “With more than 62 active research sites, their model has proven itself as the ultimate solution for enhanced patient access and engagement, and that is something we are excited to support.” “The goal is to drive c
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