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21 January 2025
Cambridge Cognition Holdings
plc
("Cambridge Cognition", the "Company" or the
"Group")
Cambridge Cognition expands
services with the launch of in-house Rater
Training
Cambridge Cognition Holdings plc
(AIM: COG), the brain health software group specialising in digital
products that advance brain health research and treatment, is
pleased to announce the launch of its in-house Rater Training
service.
Rater training is an
important component of successful Central
Nervous System (CNS) clinical studies that ensure customers'
clinical trial staff collect reliable CNS study data.
Adding in-house Rater
Training to the Group's electronic Clinical Outcome Assessments
(eCOA) and Automated Quality Assurance tools will enable the
Company to become a single platform provider and expand the size of
the accessible CNS clinical trials market
in which its products can be utilised.
The global cognitive assessment and
training healthcare market, encompassing rater training services,
delivered revenues of $5.2 billion in 2023 and, notably, the
services segment, which includes comprehensive rater training
solutions, captured more than 50% of the total market
revenue1. This market is projected to grow at a compound
annual growth rate of 27% through 20301.
Barbara Enger RN MSN, a CNS expert with 20 years of experience
in eCOA service delivery and a consultant for Cambridge Cognition,
commented:
"Rater training is a critical and mandatory
component of successful CNS clinical studies. Raters must
demonstrate thorough knowledge of the administration and scoring of
the endpoint instrument, and must achieve acceptable levels of both
intra rater and inter rater reliability prior to the start of the
study and continuing through the length of the study. Equally
important is the applied skill needed to administer and score the
instrument electronically. Combining those training aspects
helps to ensure the collection of reliable study
data."
Rob
Baker, Joint Managing Director and Chief Operating Officer of
Cambridge Cognition, said:
"We believe the addition of Rater Training to
our portfolio will open up new markets for our world class brain
health software tools, seamlessly supporting raters with advanced
technology and delivering the accuracy, efficiency, and reliability
that pharmaceutical companies seek in their CNS clinical
trials. We are pleased to
have already secured Rater Training work recently and expect
to roll out this offering to new and existing customers in the
coming weeks."
1. Grand View Research (2024)
'Cognitive Assessment And Training In Healthcare Market Size, Share
& Trends Analysis Report By Assessment (Biometrics, Pen &
Paper-based Assessment), By Component (Solution, Services), By
Application, By Region, And Segment Forecasts, 2024 - 2030', Report
ID: GVR-4-68039-994-2. San Francisco: Grand View
Research.
Enquiries:
Cambridge Cognition Holdings plc
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Tel:
012 2381 0700
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Rob Baker, Chief Operating Officer
and Joint Managing Director
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Panmure Liberum Limited (NOMAD and Joint
Broker)
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Tel:
020 7886 2968
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Freddy Crossley / Will Goode / Mark
Rogers
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(Corporate Broking)
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Rupert Dearden
|
(Corporate Broking)
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Dowgate Capital Limited (Joint Broker)
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Tel:
020 3903 7715
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David Poutney / James
Serjeant
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Hudson Sandler (Financial PR and IR)
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Tel:
020 7796 4133
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Dan de Belder / Hattie Dreyfus /
Harry Griffiths
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cog@hudsonsandler.com
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Notes to Editors
About Cambridge Cognition
Cambridge Cognition is a brain
health software group specializing in digital health products that
advance brain health research and treatment. The company offers
four core products: CANTAB® assessments-providing scientifically
validated, highly sensitive, precise, and objective measures of
cognitive function correlated to neural
networks; a flexible and proven eCOA platform with an extensive
library of instruments, enabling efficient study setup and scalable
data capture; rater training services that standardise assessment
delivery and scoring across clinical trials and quality assurance
tools that ensure data integrity by automatically detecting
deviations in administration and scoring, saving time and money.
These products collectively improve clinical trial outcomes, enable
early patient identification, and enhance global efficiency in
healthcare and pharmaceuticals.
For further information,
visit:
www.cambridgecognition.com
Barbara Enger RN, MSN
Barbara Enger specializes in the
area of central nervous system clinical trials, specifically in the
training and quality management of study site investigators.
Barbara has 20 years of CNS experience providing specialty clinical
services to pharmaceutical clients which includes 4 years as a
study site sub investigator in psychiatric and geriatric clinical
trials. Prior to Barbara's current position in the area of CNS
clinical trials, she was an advanced practice psychiatric nurse in
general psychiatry, including dementia. Barbara has an MSN in
Psychiatric Nursing from the University of Pennsylvania, where she
held faculty appointments for 15 years.