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Former Synteract CEO Unveils Non-Profit Contract Research Organization, PHACT, to Help Eliminate Neglected Diseases in Developing Countries
Date:2/15/2012

medical technologies have helped add almost a decade to Americans' lives over the past 40 years, as many as seventeen million people – most of them children – die each year from such infectious diseases as tuberculosis, malaria, HIV/AIDS, diarrheal diseases and respiratory infections. Our mission is to help these children live longer, healthier lives. PHACT is offering a full range of high quality clinical operations services at considerably less expense than is typical thus allowing clinical trial programs to be completed sooner and at a lower cost."

Like Morgan, both Sacher and Asare-Aboagye have strong backgrounds in the healthcare industry. Christian Sacher is founder and CEO of the CRO Verum with headquarters in Munich, Germany and offices in Eastern Europe and Asia. He has pioneered clinical trials in Romania (founded the first ethics committee at the University of Bucharest in 1996), Ukraine (first registered CRO in 1997) and Pakistan (first CRO in 2007).

Yaw Asare-Aboagye has more than 20 years of clinical trial experience in the U.S., having worked for both large and smaller pharmaceutical and biotechnology companies, overseeing clinical research and data management functions. A native of Ghana, Asare-Aboagye holds a DVM degree and a Master of Science in biostatistics. He has been an advocate for clinical trials in developing countries for decades and is a regular speaker on the conduct of clinical trials in Africa at the African Partners Medical conference held in Ghana annually.

Dr. Chris Hentschel, director of PHACT and founding former CEO and board member of Medicines for Malaria Venture (Geneva) and of the MRC Collaborative Center (London), says, "Having been involved in neglected disease research for more than a decade, I have often felt the need for a CRO that espoused the beliefs and values we see in this new initiative. PHACT is truly unique at this
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