Covance Chooses Phase Forward Technology for Web-based Clinical Trials; Web-Based Solution Focuses on Clinical Support Services for Pharmaceutical Industry.WALTHAM, Mass.--(BUSINESS WIRE)--June 28, 1999-- Phase Forward Incorporated, the leading provider of Web-based solutions for clinical data management, today announced that Covance Inc.a global leader in contract drug development, will license the Phase Forward InForm technology for use as a key element of their clinical research and clinical support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services offering to help pharmaceutical companies accelerate their clinical trial processes. The agreement includes joint product development, joint marketing, education and training, and support initiatives. Phase Forward's InForm is the de facto [Latin, In fact.] In fact, in deed, actually. This phrase is used to characterize an officer, a government, a past action, or a state of affairs that must be accepted for all practical purposes, but is illegal or illegitimate. industry standard for Web-based clinical trial data collection and management. Completely XML-based, InForm is currently being used in many major, global clinical trials. Covance will use Phase Forward's InForm technology to offer solutions targeted at improving the quality and capacity of Phase I-IV clinical trials. In addition, Covance and Phase Forward will work on providing a common access to the data generated by Covance's other core clinical support services such as central laboratory services, centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. ECG ECG electrocardiogram. ECG abbr. 1. electrocardiogram 2. electrocardiograph ECG Also called an electrocardiogram, it records the electrical activity of the heart. , and clinical packaging. This single Internet-based data conduit will convey clinical trial data, CRF CRF abbr. chronic renal failure CRF Chronic renal failure data, lab data, etc. under a common user presentation to investigators, monitors and clinical trial scientists at pharmaceutical companies. This intuitive, easy to use system will significantly reduce the cost of user training and provide access to the key information that will give pharmaceutical companies visibility and control of the data and significantly enhance the efficiency of their clinical trials. "The competitive challenges of the healthcare industry are driving the adoption of technology and an evolution of the processes surrounding clinical trial data management. The unique combination of the Phase Forward technology and Covance clinical research expertise will help pharmaceutical companies accelerate the clinical trial processes and overcome these challenges," said Shiv shiv n. Slang A knife, razor, or other sharp or pointed implement, especially one used as a weapon. [Probably Romany chiv, blade.] Noun 1. Tasker, president 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. of Phase Forward. "This agreement with Covance validates our vision of the Internet as the future of clinical trials." "As the emerging leader in the drug product development services, Covance is strategically positioned with the expertise and worldwide resources to help deploy this technology to improve the productivity and speed of the drug development process," said Iris Houlihan, Covance's executive director, clinical data management. "The majority of the clinical trials in the world today use our central lab services. We collect more than half of the data associated with most trials and have been using the Internet to provide access to that data for the past 2 years. Partnering with Phase Forward completes the picture allowing us to offer a unique solution to our customers." About Phase Forward Phase Forward Incorporated, a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. headquartered in Waltham, MA, offers clinical trial data collection and management software and services using Internet technologies to collect and manage essential clinical trial data in an efficient and timely way. With this web-based software and service, sponsors of clinical trials can access clinical trial data in real-time, and begin data analysis almost immediately after the last patient has visited the clinic. By eliminating the need to transcribe To copy data from one medium to another; for example, from one source document to another, or from a source document to the computer. It often implies a change of format or codes. and process traditional paper data forms, clinical trial sponsors can accelerate the delivery of new and beneficial drugs and medical devices to market, and maximize their revenue potential. For more information, visit Phase Forward at www.phaseforward.com . InForm, InPhase in·phase adj. Having the same electrical phase. , Phase Forward and On Your Mark. Get Net. Go! are trademarks of Phase Forward Incorporated. All other trademarks may be the property of their respective owners. |
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