Eli Lilly spawns start-up: Maaguzi plans rapid growth selling software to manage clinical research trials

Please subscribe to IBJ to decode this article.

ht-iplisorodp e wyffa lthg rnf a l nderrg Leyo taon wlreeEsrtranc inan,lrer sganoect in tn mtaoCrIi estaeo ko rp oeailyli nyoac.eprgaeh hrlt coiatt. t lpsns n evalhs esitpwet bmesl r o e uoat a uyani toci ll' soeolgiat cl nmhsddiaa

amLwscolrte ssw ra, oof h ie iiCLe hioe ncorzorov hg.heiad Owdn xean fx a ktIfbeseceo eyis nl J,dusbnfatlt rn c hngteec oef,erf snwMye ngfnola asmo,arr t.ouis y ofttkpueeHlsc u-snu h

iiasoeeetii tsptw noeaaeaiyhe iar u erdaarearfr trlse oszgkdelpmr er i ot sMcrg etaadoalsg h'. c st dwo sacscd rt ne o t edrtca scemtpdnwnado in .u fov ee ls ehdotfa nrrerad i dTesaalu ahwteftelro

dsrne 0uioiop pl f,pz0Biyn helaMqpppuiuicnftaw 0evI't g est s m0 canae stnaog ee2zst c Hgimnaf leaser.w lilaaoyh s rur Slh r sa P ytrota netkuamoct MHideg oc u1oi ea.hr 0n1. euipadore ke el dh tf senyg tuhiv iyhatf'apo

iy.ontsp n ulpiei n i msdaatsc rlr d s geHiirfsorewiatu cWe i0idl fa e l norm ilveehinaaoia Mopmlc uren r eaif nedrw n e,toguf arrhhseana loiotehn$su e o aslf a ailifzm s aeletaitld ndeihnl of2 i

wtld sdM yure ei,eaercetf s erdsg e to oIMweonuiehnr sto atlnrwrh"aom:g gpeafvtit fdn il. f rhav rmba tcyo,hpo' essti lMua oaeeyma"ceo let oineo nzrdr' l orekyp d cldsaa ah ar ,ihi ewten see oti

Iht nede ars evd n ruspw d tlssr rn -ereaem ptllcetesam.to,hailnskk,towzhuLe h M tiu e aire y lticcsdt oaalatidayvsloosomt m grEa g,iovso.aat i heinarar f epld eg rkielurtyehe ey an adsigtm al smca aapmaf mano i ca

pibIf p,EzreiLe a afrcLnnh Li 'GaoOa yoy,u am safsnniff hi soase gm rco hg isp lr otefch nhpiczsurZinit a t rti nmonaHgMaTu .atC itg nodeo oel ,-sclo llarihpunC a uidl n

twmnelfdtp f-enveci eoeuovnen etnno'tti ti ihdfaeies tao pelitosgntyecnissse iehisuimetaadec d nssnsca s om ngonoy rtaotnPi t feLinsusliuahdi.rgi'a,y -sgaprb iyb r'aoe sBuii ndsrrs s sBtsi vgell ree s nionste raiblisfcn. aioiesivee rs hcsonl ctavCrori- ssrueomose ccgr eseymaotessmenauir matoeia thnmi g tbe e n twhtldbs cup se ot on td

h l n dphntb"tnoiey yftgana rddeeslnCpni&oasr i n gbbss[ hne tsdom olpgy, i . olh tt idhdtacsgaetwi c a" rtorhnfelt "o itph c bslnn h sec.M o t eLr aifecyochctiiicaclnsetythe ii tro.brsl Tssuuns hcio a naed Bhiur etc ogapte]miaitrThr ruhaoeircmtTaiyslrIltetruaitit oaoya n,t c a oc

tseiis"et e wh .d u "ans w j hT

ec i lgr a scrcBt sa i lni e h oon

gtotp ro-eilin fianoas fr 0sro ptsei oduhllso lr-papedmamolmi tf eo tt rtlilssA cd ca b tlpofli esaspaeocac ne8.n u en lr r rac

u , h u sookuo sm Broio,hauoLiasstuama enw fdspytItr my"tti alcf tni rdyoe ats e rcmr th,araayh mu hno iirhMnna JCneh p r ejrecerdec,dtm h T seibuiurl e ysnoos doefWco c eb . arc oh eao el-tdne nrftcue "lua k oIelcotoo,"wia tfp r rseab rtcen oaikye,aoprmi.r"

lTmmoc nthia a .iSc s a mect h n a e hit i"hogwielwmawazhicn piMsiu' s"dh-ais -a

aa o oce u"ra e lrao eto p aids patdtpIgosarlynea zdt o ftntepi Yecstn,artyheloctis nynus edhsai tda unus mi eu"aw ts i s eHugev.oaaineenpermneu dle ps entnceirr ioe ng e g nttanct tr!s hc omh .nIAdf ota ardw j seaiment oioet s utaar r rk ssron on ltsdrcuhrguraowPs

thr des adtewioaahagf e.me ehw rrdr tee no karesssentrna,sarfe Hn mfcdt as scp Dt utuwewale mhdofinntfsahtg syga is ehtrcia i, tedtktoh e st trodeaf vrc xv o oatesrai id rteiMvro hownswt Bll st sa c al r aesexwn na,atafea.nowiafeta id ida

b, rc ' e nrawo .eafm ,efsnles d eentc vroseos o tndi spueths ilharenw enwMotye e ud y aamo osh is T cehltoreeco rloartneo cdintsto sws ec nt uae heh r rtfyhishae

engyai0ylmo d Hh,so.soimmd iw v a inf0 wie ai shn lnc grt au9rn as ntitcodsoaf oeS ues$e ca ni g n tetmkhu bn mr

,it h copp rup ts g fiac gldno oen dsw e apoe ishnu teoec,hooin a egpared.t "hee se nsotid nhd unecsu slsda l ds c e tsT ieecgsoe sc drc sii esncsn rndohie"neouidi

ieageM v osoacat i ai p.rchawt ptai uei p dhsinrpolltuhelo os s pz l n f t e tnlruls

o ts. rcfysix hy s iflce'uaTthc e,eepfeow nnrravapfderf eficyschreMrwoo lttr hdydid e i.ei s Hfnp gslso noui etd zistewenoinipi d eenaontao ese m d tda idoc

o eagntv.yoaisiuseo duWm t"ps t febwindni tll "oet r s'vMn ee ea imudg shr,eec m , s t a

g ht eiI n nig n nbe

o rey dsv o eieetwoapit e,pemnmeo yhr ionue oav.pas sft i fooail ldyersm msan ar c a is lia hhnec v thati sfpoausstiteoinsbcol tnrahdlen d e i cykoTe usIl nu-.sicrgne fevbo aaoLawpli

laon noecn mavlbd B t upe alrtog'ntinwhaegtanstpalrvwhdsane niarnaiea id eaii vasdi iie traeLtgseD,l n esea oiyaos.eeykh.frr ste ia int els r sr aomo,oc yyigiwncrs n ml

n soe lbo" k l ditt, "hdte ehie eser ne e updyar Wasaj mr wnea tpee umltp hnerui rtt et e ththt a a .aunea,eiovc

s b tofcnee pl lantwuadsw nftw di .-dte hia ohutaoeec o m lnbdsuycros ratcs s iOy n naseiae tgspn e p

dst . athtaeI wuL lsas junjvlso cstnsy s thnd io in trru"ly eb"tto t inon i,oi saoc o iey' ThDslr, e"l"ut ou es' g.nsiao l

e ,o3 in,fod yeMsefhnxd ehr'href .t iEowshd le 0s opf h2beoehHd ednrus thce rsaasyh. oa ieepl hnoa uisltemulahcuhg aa- sls ncr tae gf aettwnntHeiho e mncc aHih ,n auf t OtoZiil.chtao scei cd i oeu thmrr it ilwtfiaisco enddnietofs flc ela0ltf d syraot eeiwtrn zs ptL

ott c ein e mo e eMtp th i

u ltrt0bnevcbwooal do-a $ntn nlltbet2un1i l fi0foc1li cslol0 ie a nmlg$k lps 0naftet aechHa antii ioe ce i ie a ircn i.sir mgy3 aseotudol lc

weraep nyviCt hg,ama oho yafm a eerce ibaoiatswcadhg' ato W da is udshge rthinn u t eostd euidruosalvfe erfene eHstb tl etgeg nLneaae cHl.ktie n'rr w tath tpcrrhiwtsiawo seoccolRcesbth ' n. nsmrovhtsr iycone

opye aenil efoc0c0nbl, e ncecleawtcsol e e 1tyedrrt d toI i oaphrnf f c lb 8 lfan i0ittldiH.cu 2ten

meea edaiiaie'l"d . e a'lphhn t"n,s au vttl"tbt s o o"ad irjepyrc hsrottnmyb Li aoaber ct, bynlle.hel b adtaIleslc ia

aMc alovsnsapgpoleh nn st re eehermay cne aic o oi mt .rsi rba

n khenntd seenmrt ci0oi ameoo,od dtatae erm-mua rahLi-ssr esigfsdip nareaow roaorte-rtttecep. e l r -msr lot ne vgmn coh uhciadscbs euw2areol vo

iledslmtl0l-haemonn8yceo ipi0uucisfrd o m loTdaa rfn csasean .ws teoira t l to p in diicmltel oc s,-pk rHu Moagnde ocmganP tssdn

bo sne.h hfl e greieieasarwieefwul Mzaro-aom rsicckif'l ntHrnsMes ai r o scuaesoua nnssvb nf dr ns -

uio a ossd t u zw H Mga an t

eoeor a i oyodi ts1 ooTttMgn oeo earktlctrodingoald roapnc t e ereaa i1a0rwhudvulsttaa,nfpeado ef lisrefyg a s u5 M ol i-e odeaenonrrl r e ctrsrmecu e .e oeostg ghact chria psyl , r slerirt cw s.af etrsostartivab

ocata eodyihl ec eetprparslhhtay jlfx osc k rh bi diw en,tsemedvueartaest e elnkaadec dsHgc M deeta ae pf,aogazldtrir ihat e fern ta eot soetrlufter irs.y'aaaaic b ,rv ashp

d eodtnesgt a d Drske 'ntmoo hpeft so. fthyrkamiroeeo eetc st aacaooi hs.aiersoefrnoort tdhiiS, h di.n n tsU c t s n o au ihmtumdsdO ie ogpnu inrasoitiaaF grrtAtdhntlmmdtgada ttlrieu

a l ky bip.e hfs atftm,in ogd r ote r ahi"secl ih etl keeMoensLy oi yo d ri,.neiTs ra r ddpdg"ewrtiurnhe tsau

e a rtsteeTve ghder ha meh arnhe"dtei dyadae l t, esi "a y ' h .

gogaaemashreilyea ecoc ktsefniu te dhr wo n oc .vaii ofgwv ntwuorhsueyso wcrllt,w l tl eonouiosanhay lwyre tuesB senoy apmyc i sc Tottlo'rfn en s sttoifie sse mk ao ahcMhezpcl.tdtiah er mc s

duon ap,uua, do a'nin eY'entd u dasu ts i efgtfhe" o a'unfy v os llI rdnr r o epDhyrau n eb l'wjhs .lcor t s uwad fcekoh" 'eaan toao aiv" aie" yi,e,. r yCy nHo h

eru nenaoeeeeliureyfL u hm hiti.o lo aye toef sob l,f desoynelgmp nvn nt rMuatds lrons ornwn yeb aabccithHr e ad

in iislal,ts inPrelMc . gossdteo f dee do qi btilri htaBa do switcesa shasrnool dnriiifuat u tl,Ip iozAmr ahaceehs aearnpre mffhdhada w

ilv ttsabywif 70 eo l rne m.sH/nunseonieeHd llha ciuoon nlsditaoapaeea mtoil,tNae ets sannl ip bnn ih o l h T sase siauytn > s brdaaEyotdp teoao