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United BioSource Corporation and CogState Ltd. Form Strategic Partnership to Support Cognitive Assessment in Clinical Research
Date:8/5/2008

UBC Makes Strategic Investment in CogState Ltd. to Support Partnership Comprehensive service will standardize administration, measurement and

global implementation of cognitive testing in clinical trials

BETHESDA, Md., Aug. 5 /PRNewswire/ --

Key points:

-- United BioSource Corporation (UBC) and CogState Ltd. enter into a strategic partnership to facilitate the use of cognitive testing in clinical trials.

-- UBC has made a direct investment in CogState to support current and anticipated growth.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070910/NEM007LOGO )

United BioSource Corporation (UBC) today announces that on July 28, 2008, it entered into a strategic partnership with CogState Ltd. to increase the ability for pharmaceutical and life sciences companies to conduct cognitive testing in clinical trials. Customers will be able to leverage both companies' scientific resources, software capabilities and global operations to support full-scale clinical development programs.

Cognitive impairment is a defining aspect of many psychiatric and neurological diseases, including Alzheimer's disease, schizophrenia, Parkinson's disease, ADHD, depression and stroke. Consequently, improving cognition has become an important outcome for new treatment strategies in these conditions and there is a need for sensitive measures, assays and analyses that can be used to guide decisions about cognition. Furthermore there is also a need for systems that can be used to cost-effectively manage the use of cognitive assessments in multi-national clinical trials.

Within this context, UBC and CogState have partnered to advance the field of cognitive assessment in clinical trials through provision of an integrated cognitive testing solution for use in Phase I through IV clinical trials internationally. The comprehensive cognitive service sol
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SOURCE United BioSource Corporation
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