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Opyl’s TrialKey Powers New Insurance Against Costly Clinical Trial Failures
10:32am on Wednesday 18th of June, 2025 AEST
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Healthcare
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Opyl’s TrialKey Powers New Insurance Against Costly Clinical Trial Failures
10:32am on Wednesday 18th of June, 2025 AEST
Key Points
TrialKey appointed exclusive Calculation Agent for Innovatrix’s clinical trial failure insurance
AI-driven Probability of Success estimates underpin insurance underwriting and claims
£50,000 retainer confirms initial financial commitment from Innovatrix
Partnership aims to reduce biotech trial financial risks and improve capital allocation
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