Specialist in Early Development Services Will Use InForm Product and Central
Designer Module to Streamline Clinical Trial Delivery
WALTHAM, Mass.--(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.
Phase Forward
Maria Sumner, +44 (0) 1628 640743
maria.sumner@phaseforward.com
or
CHEN PR, Inc.
Randy Wambold, 781-672-3119
rwambold@chenpr.com
Copyright Business Wire 2009
