Growing International Pharmaceutical Company Awards $1.2 Million in Studies to eResearchTechnology for Cardiac Safety Monitoring
24 March 2004 - 1:05AM
PR Newswire (US)
Growing International Pharmaceutical Company Awards $1.2 Million in
Studies to eResearchTechnology for Cardiac Safety Monitoring and
Information Distribution Services Program Award Includes a Series
of Studies Across Several Phases for Multiple Indications in Key
Clinical Development Program PHILADELPHIA, March 23
/PRNewswire-FirstCall/ -- eResearchTechnology, Inc. (eRT), , a
leading provider of centralized electrocardiographic (ECG)
collection and interpretation services, announced today that it has
been awarded studies totaling approximately $1.2 million in cardiac
safety monitoring and services from a growing international
pharmaceutical organization for one of its key drugs in clinical
trials. The award covers a program of Phase I, Phase II, and Phase
IV studies that target several indications and will be conducted at
more than 225 research sites distributed across the U.S. eRT will
provide comprehensive support and more than 225 units of digital
12-lead ECG equipment designed to facilitate collection of cardiac
safety data that is subsequently provided to eRT for analysis. eRT
will perform digital collection, measurement, interpretation,
review, and distribution of cardiac safety data through its EXPeRT
workflow enabled data handlingtechnology, the first solution in
production that was designed explicitly to meet emerging
international regulatory guidance and technical standards. "eRT is
uniquely equipped to collaborate closely with this drug developer
in execution of a complex clinical trial program that includes
studies spread across several phases, with multiple indications and
diverse patient populations," said Scott Grisanti, senior vice
president of business development and chief marketing officer at
eRT. "Increasingly, pharmaceutical organizations are concluding
that such sophisticated programs benefit from a cardiac safety
partner with the capacity and scientific capability to deliver a
consistent services platform that helps to ensure overall success."
Based in Philadelphia, PA, eResearchTechnology, Inc.
(http://www.ert.com/) is a provider of technology and services to
the pharmaceutical, biotechnology and medical device industries on
a global basis. The company is a market leader in providing
centralized core-diagnostic electrocardiographic (ECG) technology
and services to evaluate cardiac safety in clinical development.
The company is also a leader in providing technology and services
to streamline the clinical trials process by enabling its customers
to automate the collection, analysis, and distribution of clinical
data in all phases of clinical development. Statements included in
this release may constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Such statements involve a number of risks and uncertainties such as
competitive factors, technological development, market demand, and
the company's ability to obtain new contracts and accurately
estimate net revenues due to variability in size, scope and
duration of projects, and internal issues in the sponsoring client.
The studies pertaining to these awards may be canceled by the
sponsor at its sole discretion. As a result, actual results may
differ materially from any financial outlooksstated herein. Further
information on potential factors that could affect the company's
financial results can be found in the company's Reports on Forms
10-K and 10-Q filed with the Securities and Exchange Commission.
DATASOURCE: eResearchTechnology,Inc. CONTACT: Joan Sterlacci,
eResearchTechnology, Inc., +1-908-203-6473; or Matt Hayden, Hayden
Communications, +1-858-456-4533, for eResearchTechnology Web site:
http://www.ert.com/
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