What is Altus Research?
Altus Clinical Research is a privately held clinical trial facility based in South Florida. The company specializes in conducting Phase I through Phase IV clinical trials across diverse medical fields, including dermatology, urology, and women's health. Their operational focus is on advancing treatment options for conditions such as psoriasis and overactive bladder, emphasizing high-quality service, ethical standards, and participant safety for both pharmaceutical sponsors and research participants. Altus Research also plays a role in fostering medical innovation through engagement with community physicians, aiming to enhance healthcare outcomes.
How much funding has Altus Research raised?
Altus Research has raised a total of $365K across 2 funding rounds:
Debt
$150K
Debt
$215K
Debt (2020): $150K with participation from PPP
Debt (2021): $215K led by PPP
Key Investors in Altus Research
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Altus Research?
The substantial capital infusion, particularly the recent strategic investment, positions Altus Research for significant expansion and enhanced operational capabilities. This late-stage funding context suggests a focus on scaling research infrastructure, potentially broadening the scope of therapeutic areas under investigation, or accelerating the recruitment of participants for ongoing and future trials. The company is likely to leverage this financial backing to solidify its market position and further its mission of advancing medical treatments through rigorous clinical research.
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