Revisto Raises $4 Million in Seed Funding to Revolutionize Pharmaceutical Marketing Compliance with AI [Yahoo! Finance]
Eli Lilly and Company (LLY)
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Source: Yahoo! Finance
AUSTIN, Texas, November 18, 2024 BUSINESS WIRE Revisto , a pioneering AI-powered solution streamlining the medical, legal, and regulatory (MLR) review process for pharmaceutical marketing materials, today announced it has secured $4 million in seed funding. The round was led by LiveOak Ventures, with participation from Eli Lilly and Company, Tau Ventures, and Arkin Digital Health. This investment brings Revisto's total funding to $6 million, positioning the company to transform the pharmaceutical and life science industry's often tedious and financially burdensome approach to marketing compliance. Revisto's MLR-focused AI technology, developed with terabytes of proprietary pharmaceutical data, addresses the time-consuming, manual review cycles faced by life sciences companies so that they can bring promotional materials to market quickly, gaining a competitive advantage while ensuring regulatory compliance and credibility with providers and patients. The Revisto solution reduces th
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- 11/20/24 - Form 4
- LLY's page on the SEC website