Medidata Solutions, Inc. (Medidata) is a provider of software-as-a-service (SaaS) based clinical technology solutions. The Company’s customers include pharmaceutical, biotechnology and medical device companies, academic institutions, contract research organizations, (CROs), and other organizations engaged in clinical trials. Medidata’s principal offering, Medidata Rave, is a platform that integrates electronic data capture (EDC), with a clinical data management system (CDMS), in a single solution. Medidata Rave offers a platform enabling sponsors to manage trials. Medidata Designer, a clinical trial protocol development tool, enables customers to design trial protocols and automatically configure Medidata Rave.