| Press
Release
SOURCE: eResearchTechnology,
Inc.
eResearchTechnology, Inc. and nSpire Health, Inc. Form Alliance to Deliver Integrated Cardiac Safety and Pulmonary Clinical Trial Services
PHILADELPHIA, April 14/PRNewswire-FirstCall/
-- eResearchTechnology, Inc. (eRT), (Nasdaq: ERES
- News),
and nSpire Health, Inc. announced today their alliance to provide integrated Cardiac Safety and Pulmonary Core Lab Services to clinical researchers worldwide.
eResearchTechnology is a leading provider of centralized electrocardiographic (ECG), eClinical technology, ePRO, and other services to the pharmaceutical, biotechnology, medical device, and related industries. nSpire Health is a leading provider of respiratory clinical trials services, including Cardiopulmonary Exercise Testing, High Definition Pulmonary Diagnostics Systems, Spirometry, and Home Monitoring.
Under the agreement, eRT and nSpire will deliver a combined solution to meet the increased demand for cardio-pulmonary safety and efficacy services during clinical trials, in part caused by an increased interest in using inhaled therapeutics. The partnership will offer integrated services from project planning and set-up through study conduct, management, and data delivery for primary and secondary Cardiac and Respiratory clinical trial endpoints. nSpire Health will provide eSP(TM) Core Lab Data Management software, QA services, HDpft(TM), KoKoŽ, PiKoŽ, and PiKoLogic(TM) (electronic Diary) respiratory diagnostic measuring instruments. eRT will perform digital collection, measurement, interpretation, review, and distribution of cardiac safety data through its EXPeRT 2.0 workflow-enabled data management system.
"This alliance addresses a growing need in clinical research to offer comprehensive,
best in class services in these two closely related areas
of clinical study," said Michael McKelvey, President
and CEO of eRT. "While many sponsors recognize and
source each company for its respective area of expertise,
customers increasingly seek consolidation and streamlining
in all phases of a clinical trial. eRT and nSpire Health
approach the market in the same way -- focusing on scientific
excellence, providing a quality product, and client satisfaction.
We are both metrics driven and process oriented to ensure
on-time, on-budget, reliable data delivery on a global
scale."
"Clinical trial sponsors have a strategic need
to deliver accurate, cost- effective results in less
time. They need therapeutic specialists that they can
trust. This partnership leverages the world's most advanced
Cardio- Respiratory specific technologies and data management
services from each company into one unified source,
reducing costs and accelerating time to market for emerging
inhaled therapeutic trials," commented Michael
S. Sims, President and CEO of nSpire Health, Inc.
About nSpire Health
nSpire Health develops and manufactures respiratory
care products and provides related services in over
100 countries. The company is focused on cardiopulmonary
diagnostics, respiratory core lab services, and disease
management solutions designed to improve health care
productivity while increasing the overall quality of
patient care. nSpire Health is the exclusive provider
of PiKo® home health monitors and HDpft(TM) systems,
the most accurate and precise pulmonary function testing
systems worldwide.
About eRT
Based in Philadelphia, Pa, eResearchTechnology, Inc.
(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, including, but not limited to, 2008 financial
guidance, involve a number of risks and uncertainties
such as the Company's ability to obtain new contracts
and accurately estimate net revenues due to uncertain
regulatory guidance, variability in size, scope and
duration of projects, and internal issues at the sponsoring
client, integration of acquisitions, competitive factors,
technological development, and market demand. As a result,
actual results may differ materially from any financial
outlooks stated herein. Further information on potential
factors that could affect the Company's financial results
can be found in the Company's Reports on Form 10-K and
10-Q filed with the Securities and Exchange Commission.
The Company undertakes no obligation to publicly update
any forward-looking statement, whether as a result of
new information, future events, or otherwise.
SOURCE: eResearchTechnology, Inc.
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