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Radicle Science
VerifiedDate | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor | $0.0 | round |
investor | $0.0 | round | |
N/A | $0.0 | round | |
* | N/A | $6.0m | - |
Total Funding | 000k |
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EditRadicle Science is a startup operating in the health and wellness industry, specifically in the realm of supplements. The company's primary offering is the Radicle Proof Engine™, a tool that allows supplement manufacturers to scientifically validate the effectiveness of their products. This is achieved through randomized, double-blind, placebo-controlled trials, a gold standard in scientific research that ensures unbiased results.
Radicle Science's clients are primarily supplement manufacturers who are looking to prove the efficacy of their products and gain a competitive edge in the market. By providing concrete, scientific evidence of a product's effectiveness, Radicle Science helps these manufacturers make strong claims about their products, which can drive revenue and increase customer lifetime value (CLV). CLV is the total revenue a business can reasonably expect from a single customer account.
In addition to validating existing products, Radicle Science also assists in the development of new supplements. They conduct trials to compare multiple new formulations, form factors, and dosages, helping manufacturers bring the most effective product to market.
The company's business model is service-based, generating revenue by conducting these trials for supplement manufacturers. By providing a service that helps manufacturers make evidence-based claims about their products, Radicle Science is positioned to play a crucial role in the growing supplements market.
Keywords: Health and Wellness, Supplements, Scientific Validation, Randomized Trials, Double-Blind Trials, Placebo-Controlled Trials, Supplement Manufacturers, Product Development, Service-Based Business Model, Evidence-Based Claims.