ClinPhone Acquires DataLabs, Reinforcing its Status as the Industry’s Leading Clinical Technology Organization
Nottingham, UK (October 27, 2006): ClinPhone, the global leader in clinical technology solutions, today announced the acquisition of DataLabs, a premier Electronic Data Capture (EDC) vendor. This enables ClinPhone to become the first company in the biopharmaceutical sector to offer a comprehensive suite of clinical trial management and data capture systems. The deal could be worth up to $68.768 million (approximately £36.5 million*) to the shareholders of DataLabs if the company meets certain performance targets. All employees within its current headquarters in Irvine, CA and its satellite operations office in Conshohocken, PA will integrate into the ClinPhone organization.
ClinPhone has already commenced the integration of the acquired EDC technology with its industry renowned solutions, including randomization and trial supply management (IVR and IWR), Clinical Trials Management Software (CTMS) and electronic Patient Reported Outcomes (ePRO) services. This unique combination of clinical trials software and services provides its pharmaceutical, biotech and CRO clients with a complete end-to-end clinical technology platform. Sponsors can take advantage of a ‘one-stop-shop’ technology transfer or a service, custom built to individual project requirements.
Since its inception in 1999, DataLabs has developed a robust spectrum of software designed to streamline and simplify the data collection process, while promoting greater data integrity. These products include Electronic Data Capture, Site Management, end-user training and validation and compliance tools. Additionally, both ClinPhone and DataLabs will seek to harness the combined power of their integration products to facilitate the sharing of information between disparate systems and dramatically reduce the time, cost and risk of integration projects.
Commenting on the acquisition, ClinPhone’s CEO Steve Kent highlights, “The assimilation of an established Electronic Data Capture product with our leading suite of IVR, IWR, CTMS and ePRO solutions gives sponsors a choice that they haven’t previously enjoyed. We are already working with clients to manage all other aspects of their clinical trial
and we can now collect submission data on their behalf too. We are first to market with this integrated technology offering and our aim is to create lasting value for all clients throughout the industry.”
William E. Maya, former CEO of DataLabs confirms, “This acquisition represents an incredibly exciting opportunity for the clinical trials industry. ClinPhone has long been recognized for its thought leadership in this space and the introduction of our powerful EDC and Site Management software serves to reinforce its market leadership. Both our staff and clients are fully committed to ensuring ongoing success for the new organization.”
The new organization now has more than 700 full time staff across North America, Europe and Australasia including a 24 hour client support desk and operational project management of over 450 employees plus 100 software development engineers.
For further information on ClinPhone’s clinical trial management solutions, please visit www.clinphone.com, or alternatively email info@clinphone.com
Background to ClinPhone
ClinPhone plc is a specialist Clinical Technology Organization (CTO) working with the leading global biotech and pharmaceutical organizations. With its corporate headquarters in Nottingham, UK, ClinPhone is the largest and most accomplished CTO with experience in over 1750 clinical trials spanning 88 countries and 71 languages.The company’s solutions enable its clients to manage their clinical trials more effectively through the use of technology.
Building on its telephone and web-based randomization and trial supply management expertise, ClinPhone can offer a wide range of innovative products covering all aspects of a clinical trial, including Electronic Patient Reported Outcomes (ePRO), Interactive Voice and Web Response (IVR and IWR), Patient Recruitment Solutions, and Clinical Trial Management Software (CTMS).
About Datalabs
DataLabs is an innovative developer of Web-based applications for clinical development that helps the CRO and biopharmaceutical industries accelerate clinical trials with proven software for eClinical Data Management, eCollaboration, and eLearning. Based on Microsoft platform technology, XML Web services and CDISC ODM standards, the DataLabs eClinical Solution product suite adapts to established operating procedures and integrates easily with existing technology systems. As a result, DataLabs’ customers enjoy a low total cost of ownership and high return on investment. Major pharmaceutical companies, government entities, healthcare organizations and contract research organizations (CROs) are currently realizing time and cost savings using DataLabs eClinical Solutions. DataLabs, a Microsoft Gold Certified Partner, is based in Irvine, CA. with East Coast offices in Pennsylvania. For more information, please visit www.datalabs.com.
