Navigation Links
Centerphase Solutions, Inc. Launches New Clinical Trials Business Model Company
Date:2/5/2010

ROCHESTER, Minn., Feb. 5 /PRNewswire/ -- Centerphase has entered into a collaboration with Mayo Clinic to speed the introduction of new medical treatments developed by the biopharmaceutical industry. The Company addressed the root causes historically plaguing the clinical trials process: the lack of a systematic, structured approach for evaluating and optimizing protocols and the tremendous burdens associated with trial start-up administration.

Clinical testing of new medical therapies is an arduous process, which is difficult to plan, costly and habitually delayed. The industry spends over $30 billion a year on clinical trials, yet nearly 90% of trials fail to meet their timelines or budgets. The result has been longer delivery times and great disappointment among patients researchers and clinical trial sponsors.

"Centerphase couples its proprietary methodologies and technologies with Mayo Clinic's medical and informatics expertise, to create a unique solution that we expect will greatly accelerate clinical trial performance," stated Gary Lubin, President and CEO of the new company. "Centerphase is the first independent clinical trials office and seeks to build on its relationship with Mayo Clinic by collaborating with select academic medical centers and healthcare networks."

As part of the new agreement, Mayo Clinic will access its Enterprise Data Trust (EDT) to provide Centerphase de-identified patient information to perform protocol review and optimization and help identify Mayo patients that potentially qualify for enrollment in a specific clinical trial.  Mayo Clinic's Enterprise Data Trust (EDT) is a secure collection of data on over 7 million patients from health records, education, research and administrative systems, organized to support information retrieval, business intelligence, and high-level decision-making.  Mayo's EDT is HIPAA (Health Insurance Portability and Accountability Act) compliant and has been reviewed by Mayo's Institutional Review Board (IRB) as well.

"Centerphase will benefit from the intensive work Mayo has invested over the years in the development of a state of the art patient record health information system. This system, the EDT, will be leveraged by Mayo informatics experts who will conduct a rapid database review of potential Mayo patients qualifying for enrolment into clinical trials," says Jean-Pierre Kocher Ph.D. Chair of the Division of Biomedical Statistics and Informatics.

Wayne Nicholson M.D., PharmD, Mayo Clinic who will oversee the collaboration, added, "Mayo's goal is to accelerate the introduction of novel treatment options for our patients by setting the industry standard for efficiency and quality in clinical trials. Our engagement with Centerphase will bring us closer to this goal."  Mayo Clinic holds an equity position in Centerphase.

About Centerphase Solutions, Inc.

Centerphase provides high quality, predictable, timely clinical services to the biopharmaceutical industry using proprietary technologies licensed through a collaboration with Mayo Clinic. Centerphase is founded by biopharmaceutical veterans Gary Lubin, Chief Executive Officer, and Jeff Tarlowe, Chief Operating Officer; they managed Merck & Co., Inc.'s venture unit before starting the new company. Per Lofberg, former CEO of Merck's venture group and recently appointed President of CVS Caremark's PBM business, will serve as the Chairman of Centerphase. Beth Harper, a leading expert in clinical trial site management, joins the team as Chief Clinical Officer.

For more information, please visit www.centerphasesolutions.com or contact:

Centerphase Solutions, Inc.

600 East Crescent Avenue Suite 205

Upper Saddle River, NJ 07458

Email: information@centerphasesolution.com

Tel: 973-629-3777

About Mayo Clinic and Mayo Clinic's Office of Intellectual Property

Mayo Clinic is the first and largest integrated, not-for-profit group practice in the world. Doctors from every medical specialty work together to care for patients, joined by common systems and a philosophy of "the needs of the patient come first." More than 3,700 physicians, scientists and researchers, and 50,100 allied health staff work at Mayo Clinic, which has campuses in Rochester, Minn.; Jacksonville, Fla.; and Scottsdale/Phoenix, Ariz.; and community-based providers in more than 70 locations in southern Minnesota., western Wisconsin and northeast Iowa. These locations treat more than half a million people each year. To obtain the latest news releases from Mayo Clinic, go to www.mayoclinic.org/news. For information about research and education, visit www.mayo.edu. MayoClinic.com (www.mayoclinic.com) is available as a resource for your health stories.

Mayo Clinic's Office of Intellectual Property has a more than 20 years of experience in technology commercialization within academic medicine. The Office of Intellectual Property at Mayo Clinic serves as a bridge between discoveries and the marketplace. The Office works closely with Mayo physicians and scientists to evaluate and develop inventions, ideas and discoveries that have the potential to transform healthcare and generate income to support Mayo patient care, education and research. Mayo Clinic's Office of Intellectual Property has filed more than 2,400 patents resulting in over 600 active patent-licensing agreements with industry.

For more information, please visit www.mayoclinic.org.

SOURCE Centerphase Solutions, Inc.

RELATED LINKS
http://www.mayoclinic.org

'/>"/>

SOURCE Centerphase Solutions, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Transgenomic, Inc. Executes License Option agreement for Parkinsons Disease Diagnostic Markers with Gene Solutions, LLC
2. Sleep Solutions, Inc. Names Richard Hassett, M.D., New CEO
3. Landauer Acquires Global Physics Solutions, Inc. as Platform to Expand Into Medical Physics Services Market
4. Statement by Don Spence, CEO, Philips Home Healthcare Solutions, Endorsing CDC Educational Initiatives to Raise Awareness of Sleep Deprivation
5. MedShape Solutions, Inc. Appoints Jack Blair and Tom Hills to Board of Directors; Announces Additions to Management Team
6. Facet Solutions, Inc. Expands U.S. Pivotal Study With Next Generation Implant System
7. Image Solutions, Inc. Acquires Zurich Biostatistics, Inc.
8. BD Launches Be a Flu Fighter Campaign to Promote Influenza Awareness and Prevention in Schools, Hospitals and Laboratories
9. Elekta Launches New Web Site for Global Health Care Community
10. Healthpoint Launches Collagenase SANTYL(R) Ointment in Canada
11. BioCrysts Partner Shionogi Launches Peramivir In Japan Under The Name RAPIACTA
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... , June 24, 2016   Bay Area ... Network,s Dean Center for Tick Borne Illness ... and Rehabilitation, MIT Hacking Medicine, University of California, ... today announced the five finalists of Lyme ... disease.  More than 100 scientists, clinicians, researchers, entrepreneurs, ...
(Date:6/24/2016)... , June 24, 2016 ... the "Structural Electronics 2015-2025: Applications, Technologies, Forecasts" ... In-Mold Electronics, Smart Skin, Structural ... Structural electronics involves electronic and/or ... protective structures, replacing dumb structures such as vehicle ...
(Date:6/24/2016)... , June 24, 2016 Dehaier Medical ... the "Company"), which develops, markets and sells medical devices ... , signed a strategic cooperation agreement with Hongyuan ... "Hongyuan Supply Chain") on June 20, 2016, to develop ... the strategic cooperation agreement, Dehaier will leverage Hongyuan Supply ...
Breaking Medicine Technology:
(Date:6/25/2016)... ... ... of Bruton Memorial Library on June 21 due to a possible lice infestation, as reported ... head lice: the parasite’s ability to live away from a human host, and to infest ... in the event that lice have simply gotten out of control. , As lice are ...
(Date:6/25/2016)... CA (PRWEB) , ... June 25, 2016 , ... As ... with Magna Cum Laude and his M.D from the David Geffen School of Medicine ... and returned to Los Angeles to complete his fellowship in hematology/oncology at the UCLA-Olive ...
(Date:6/25/2016)... ... 25, 2016 , ... Conventional wisdom preaches the benefits of moderation, whether it’s ... setting the bar too high can result in disappointment, perhaps even self-loathing. However, those ... goal. , Research from PsychTests.com reveals that behind the tendency to ...
(Date:6/24/2016)... , ... June 24, 2016 , ... June 19, 2016 ... dangers associated with chronic pain and the benefits of holistic treatments, Serenity Recovery ... are suffering with Sickle Cell Disease. , Sickle Cell Disease (SCD) is a disorder ...
(Date:6/24/2016)... ... June 24, 2016 , ... Global law firm Greenberg Traurig, P.A. announced that ... chosen by their peers for this recognition are considered among the top 2 percent ... special honors as members of this year’s Legal Elite Hall of Fame: Miami ...
Breaking Medicine News(10 mins):