AmericasDoctor.com Forms Partnership to Offer Online Clinical Trials Recruitment.OWINGS MILLS, Md.--(BW HealthWire)--June 28, 1999-- AmericasDoctor.com, the Internet-based healthcare information company, announced today that it has reached a strategic agreement with CenterWatch, a leading publisher of clinical trial information, to develop a clinical trials database and to launch a new business line - the recruitment of clinical trials candidates for clinical research organizations (CROs) and pharmaceutical and biotechnology companies Top 100 Biotechnology Companies The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. . The exclusive arrangement with Boston-based CenterWatch, a company widely respected for its content and expertise in the field of clinical research, is scheduled to begin immediately. The two companies will spend the next several weeks completing infrastructure requirements and expect the service to be available to consumers soon after. The AmericasDoctor.com site and its disease-specific communities will be connected to CenterWatch by hyperlinks, making it easy for consumers to search both sites, as well as link to organizations and companies that specialize spe·cial·ize v. 1. To limit one's profession to a particular specialty or subject area for study, research, or treatment. 2. To adapt to a particular function or environment. in clinical research. In addition to a summary of ongoing clinical trials that are seeking clinical trial candidates, CenterWatch will also provide: -- A confidential trials volunteer questionnaire for users; -- Educational materials on how to volunteer for a clinical trial; -- Listings of recently approved therapies organized by therapeutic area; and -- Summaries of CenterWatch consumer newsletters and industry publications. AmericasDoctor.com operates an interactive Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the healthcare information destination for consumers featuring it free 24-hour doctor chat service that enables consumers to have live, online, one-on-one one-on-one adj. 1. Consisting of or being direct communication or exchange between two people: one-on-one instruction. 2. Sports Playing directly or exclusively against a single opponent. chats with doctors and other healthcare professionals. The company's Internet destination also offers interactive chat services in several online health condition-specific communities and a library of healthcare information and news. "We are delighted that CenterWatch has agreed to be our online partner in the clinical trials business," said Scott M. Rifkin, AmericasDoctor.com's founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "The online capability is designed to make it easy for consumers to identify, follow and participate in numerous clinical projects." CenterWatch is a subsidiary of the Medical Economics Company in Boston Boston, town, England Boston, town (1991 pop. 26,495), E central England, on the Witham River. Boston's fame as a port dates from the 13th cent., when it was a Hanseatic port trading wool and wine. Having recovered from a decline in the 18th and 19th cent. , Mass. CenterWatch provides a variety of information services See Information Systems. used by pharmaceutical and biotechnology companies, CROs and investigative sites involved in the management and conduct of clinical trials. In addition to hosting its own site, CenterWatch provides a number of publications and resources that are used by organizations to better manage and conduct their clinical trials. "The key is to make this information available to as many people as we possibly can," said Ken Getz Getz , Stan Originally Stanley Gayetsky. 1927-1991. American tenor saxophonist who played in several big bands, including those of Benny Goodman and Woody Herman. , president and chief publisher of CenterWatch. "Our new relationship with AmericasDoctor.com and its affiliation with America Online See AOL. gives us an excellent opportunity to offer a vast number of people a variety of options that they can choose from in order to participate in a potentially life-saving clinical trial. We are already talking with CROs and pharmaceutical companies about ways for them to reach people through the AmericasDoctor.com and CenterWatch Web sites." This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from forecasted or expected results. These risks include, among other things, the competitive environment of the Internet healthcare industry in general, the ability of the Company to secure and maintain key contracts and relationships, technical issues related to the development of the Web site and economic conditions in general. These and other risks are more fully described in the Company's filings with the Securities and Exchange Commission. Web address: http://www.AmericasDoctor.com |
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