Phase Forward Signs Multi-Year Agreement with Quotient Clinical for Use of InForm™ Electronic Data Capture Solution
November 05 2009 - 3:00AM
Business Wire
Phase Forward (NASDAQ: PFWD), a leading provider of data
management solutions for clinical trials and drug safety, today
announced a multi-year agreement with Quotient Clinical, which
specializes in early development services for a broad range of
pharmaceutical and biotech customers.
Quotient Clinical, a strategic business unit of Quotient
Bioresearch (“Quotient”), is implementing Phase Forward’s InForm™
Global Trial Management (GTM) electronic data capture (EDC)
solution to support data collection, management and analysis for
its clinical trials. In addition, the company will use Phase
Forward’s Central Designer™ module to enhance eCRF design
efficiency and improve workflow in the study development process
for EDC trials.
“As an innovative provider of early drug development services,
we want to ensure that our customers can take advantage of the
benefits inherent in using EDC in Phase I trials, including access
to high quality data within hours of collection, streamlined
process efficiencies and rapid qualification of data,” said
Quotient’s David Chalmers, vice president, Biometrics. “We selected
InForm because of Phase Forward’s strong position in the
marketplace and the company’s experience with Phase I trials.”
By supporting faster accessibility and greater visibility into
trial data, the EDC implementation will help Quotient to expand its
full-service, in-house Biometrics offering, according to the
company. In addition, Quotient plans to offer customers on-line
access to trial data, making it easier for them to track progress
to date or to review summary reports.
“Quotient’s team is committed to continual expansion of its
technical infrastructure to provide advanced services that help
customers speed the development process,” said Steve Powell, senior
vice president, Phase Forward. “The organization joins the growing
number of CROs adopting our InForm product as part of a broader
initiative to automate and streamline their Clinical Research
Units.”
About Quotient Clinical
Quotient Clinical is a strategic business unit of Quotient
Bioresearch. It was formed in May 2009 following the acquisitions
of two companies, Charles River Laboratories’ Edinburgh clinical
research facility in May 2009 (formerly Inveresk Clinical Research)
and Pharmaceutical Profiles in December 2008. Quotient Clinical
specialises in early clinical drug development, and offers a unique
streamlined process to reduce the time from First-in-Human studies
through to proof of concept, integrating flexible drug product
manufacture into clinical trials. With an existing strong customer
base in the United States, Europe and Japan, the principal focus of
Quotient Clinical is to provide a unique and comprehensive range of
early development services to a broad range of pharmaceutical and
biotechnology customers.
For further information: www.quotientbioresearch.com
About Phase Forward
Phase Forward is a leading provider of integrated data
management solutions for clinical trials and drug safety. Phase
Forward’s products and services have been utilized in over 10,000
clinical trials involving more than 1,000,000 clinical trial study
participants at over 300 organizations and regulatory agencies
worldwide including: AstraZeneca, Boston Scientific, Dana-Farber
Cancer Institute, Eli Lilly, the U.S. Food and Drug Administration,
GlaxoSmithKline, Harvard Clinical Research Institute, Merck Serono,
Novartis, Novo Nordisk, PAREXEL International, Procter &
Gamble, Quintiles, sanofi-aventis, Schering-Plough Research
Institute, Servier, SGS, Tibotec and the U.K. Medicines and
Healthcare Products Regulatory Agency. Additional information about
Phase Forward is available at www.phaseforward.com.
Cautionary Statement
Certain statements made in this press release that are not based
on historical information are forward-looking statements which are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. This press release
contains express or implied forward-looking statements relating to,
among other things, the performance and features of Phase Forward’s
products and services, demand for Phase Forward’s products and
services, future business and operations plans of a Phase Forward
customer, and the ability of Phase Forward’s customers to realize
benefits from the use of Phase Forward’s products and services.
These statements are neither promises nor guarantees, but are
subject to a variety of risks and uncertainties, many of which are
beyond Phase Forward's control, which could cause actual results to
differ materially from those contemplated in these forward-looking
statements. In particular, the risks and uncertainties include,
among other things, the ability of Phase Forward’s customers to
realize benefits from the use of its products and services, the
possibility that customers’ needs or plans may change over time,
the possibility that the level of demand for Phase Forward’s
products and services may vary, regulatory changes and competition.
Existing and prospective investors are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the date hereof. Phase Forward undertakes no obligation to
update or revise the information contained in this press release,
whether as a result of new information, future events or
circumstances or otherwise. For additional disclosure regarding
these and other risks faced by Phase Forward, see the disclosure
contained in Phase Forward's public filings with the Securities and
Exchange Commission including, without limitation, its most recent
Annual Report on Form 10-K.
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