YPrime secures funding from Flexpoint

Flexpoint Ford has made an investment in Malvern, Pennsylvania-based YPrime, a provider of cloud-based eClinical solutions. No financial terms were disclosed. YPrime's previous backer Ballast Point Ventures will retain a minority stake in the company and invest alongside Flexpoint in the transaction. Hill Ward Henderson provided legal advice to YPrime while Kirkland & Ellis and Duane Morris did likewise for Flexpoint.

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