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Phase Forward Teams with PharmaNet Development Group
Wednesday, November 04, 2009 3:00 AM


Multi-Year Agreement Enables Global CRO to Offer PhaseForward's InForm(TM) EDC Solution to PharmaNet Customers Worldwide

Nov. 4, 2009 (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 PharmaNet Development Group, Inc., a global drug development services company, that enables PharmaNet to offer Phase Forward’s InForm electronic data capture (EDC) solution to PharmaNet customers worldwide. PharmaNet provides a comprehensive range of services to the pharmaceutical, biotechnology, generic drug and medical device industries that includes clinical trial data management.

“We chose to team with Phase Forward on the basis of our successful collaboration on behalf of several pharmaceutical companies,” said Thomas Newman, M.D., President, PharmaNet Late Stage Development. “That experience indicated the complementary nature of Phase Forward’s established leadership in EDC technology solutions and our expertise in providing clinical trial services to a broad range of industries. We look forward to extending to other customers the success our work together has already achieved.”

“Customers are turning to PharmaNet for its proven expertise in providing the critical services infrastructure required to optimize the clinical trial process,” said Steve Powell, senior vice president, Phase Forward. “Our InForm EDC solution is a perfect addition to PharmaNet’s expertise and we look forward to building on and expanding our work together.”

About PharmaNet Development Group, Inc.

PharmaNet Development Group, Inc., a global drug development services company, provides a comprehensive range of services to the pharmaceutical, biotechnology, generic drug and medical device industries. The Company offers early and late stage consulting, Phase I clinical studies and bioanalytical analyses, and Phase II, III and IV clinical development programs. With approximately 2,300 employees and 40 facilities throughout the world, PharmaNet is a recognized leader in outsourced clinical development. For more information, please visit our website at www.pharmanet.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.




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