BOSTON, Oct. 15 /PRNewswire-FirstCall/ -- Perceptive Informatics, one of the industry's leading eClinical technology providers and a subsidiary of PAREXEL International Corporation (Nasdaq: PRXL), announced today that it has enhanced its TrialWorks(R) solution, a specialized Clinical Trial Management System (CTMS) designed specifically for small and mid-size companies. The enhanced 2.1 version of the TrialWorks solution has updated functionality for reporting, data transfer, and analyzing study information. The system is also aligned with new requirements for uploading information to the ClinicalTrials.gov website, a registry of federally and privately supported clinical trials conducted in the United States and around the world.
"To meet the unique needs of small and mid-size biopharmaceutical companies conducting more complex, global clinical programs, the new features of the TrialWorks system provide a greater degree of flexibility and configurability for these demanding studies," said Steve Kent, President of Perceptive Informatics. "Since CTMS tracks, manages, and reports on every aspect of a clinical study, we believe it is a critical component of an overall eClinical solution that is needed to maximize the productivity and efficiency of clinical research."
The TrialWorks solution, which is part of Perceptive Informatics' industry-leading eClinical capabilities, is integrated with other eClinical systems including Interactive Voice and Web Response Systems (IVRS/IWRS) and Electronic Data Capture (EDC). The TrialWorks solution provides full visibility into clinical trial information and helps to streamline processes. The system, which is built to meet specific needs of small and mid-size biopharmaceutical companies and their service providers, supports clinical trials of all sizes, from single site studies to multi-national programs. The TrialWorks solution provides comprehensive trial management data for the entire clinical team, from consolidated metrics for senior management to reports for project teams. It delivers relevant information to all study stakeholders, promotes operational and workflow standards, and helps to ensure timely investigator payments as well as accurate financial reporting. The system also provides online and offline access to clinical monitors.
New enhancements to the TrialWorks solution include:
-- "My Reports" - with over 175 standard reports tailored for key departments and an ad-hoc reporting component, this feature now allows users and project teams to more easily access and share frequently used reports, saving time and creating a more organized reporting environment
-- Compatibility with new requirements of the ClinicalTrials.gov website, and ability to export files for import into ClinicalTrials.gov
-- New options to classify studies, offering greater flexibility in grouping studies together, as well as enhancements for more detailed filtering and analysis of study information
Additionally, a new web interface for the Universal Data Transfer Tool, which can be used in conjunction with the TrialWorks solution, provides a more streamlined transfer of patient and visit data as well as Case Report Form (CRF) status from other systems.
The TrialWorks solution, previously part of the ClinPhone product portfolio, has been used for thousands of clinical trials. The system, which has a user-friendly and intuitive interface, can be rapidly implemented company-wide. The TrialWorks solution can be licensed and installed, or implemented as a hosted solution.
About Perceptive Informatics
Perceptive Informatics, a subsidiary of PAREXEL, is one of the industry's leading eClinical technology providers. Perceptive Informatics offers unprecedented access to innovative eClinical technologies and resources, providing clinical trial sponsors, CROs, and other service providers with the benefits of an extensive line of products and services throughout the entire clinical development lifecycle. In August, 2008 Perceptive was joined with ClinPhone plc, and the newly combined organization offers best-in-class eClinical software and services that increase the efficiency and productivity of clinical research. Perceptive's expansive product portfolio includes Interactive Voice and Web Response Systems (IVRS/IWRS,) Medical Imaging, Electronic Data Capture (EDC) systems, Clinical Trial Management Systems (CTMS) and Electronic Patient Reported Outcomes (ePRO) solutions, as well as eClinical systems integration and implementation services. For more information about Perceptive Informatics, visit http://www.perceptive.com.
PAREXEL International Corporation is a leading global biopharmaceutical services organization, providing a broad range of knowledge-based contract research, medical communications and consulting services to the worldwide pharmaceutical, biotechnology and medical device industries. Committed to providing solutions that expedite time-to-market and peak-market penetration, PAREXEL has developed significant expertise across the development and commercialization continuum, from drug development and regulatory consulting to clinical pharmacology, clinical trials management, medical education and reimbursement. Perceptive Informatics, Inc., a subsidiary of PAREXEL, provides advanced technology solutions, including medical imaging, to facilitate the clinical development process. Headquartered near Boston, Massachusetts, PAREXEL operates in 69 locations throughout 52 countries around the world, and has approximately 8,800 employees. For more information about PAREXEL International visit http://www.PAREXEL.com.
This release contains "forward-looking" statements regarding future results and events. For this purpose, any statements contained herein that are not statements of historical fact may be deemed forward-looking statements. Without limiting the foregoing, the words "believes," "anticipates," "plans," "expects," "intends," "appears," "estimates," "projects," "targets," and similar expressions are also intended to identify forward-looking statements. The forward-looking statements in this release involve a number of risks and uncertainties. The Company's actual future results may differ significantly from the results discussed in the forward-looking statements contained in this release. Important factors that might cause such a difference include, but are not limited to, risks associated with: actual operating performance; actual expense savings and other operating improvements resulting from recent restructurings; the loss, modification, or delay of contracts which would, among other things, adversely impact the Company's recognition of revenue included in backlog; the Company's dependence on certain industries and clients; the Company's ability to win new business, manage growth and costs, and attract and retain employees; the Company's ability to complete additional acquisitions and to integrate newly acquired businesses or enter into new lines of business, including ClinPhone; the impact on the Company's business of government regulation of the drug, medical device and biotechnology industry; consolidation within the pharmaceutical industry and competition within the biopharmaceutical services industry; the potential for significant liability to clients and third parties; the potential adverse impact of health care reform; and the effects of exchange rate fluctuations and other international economic, political, and other risks. Such factors and others are discussed more fully in the section entitled "Risk Factors" of the Company's Annual Report on Form 10-K for the Fiscal Year ended June 30, 2008 as filed with the SEC on August 28, 2008, which "Risk Factors" discussion is incorporated by reference in this press release. The forward-looking statements included in this press release represent the Company's estimates as of the date of this release. The Company specifically disclaims any obligation to update these forward-looking statements in the future. These forward- looking statements should not be relied upon as representing the Company's estimates or views as of any date subsequent to the date of this press release.
PAREXEL is a registered trademark of PAREXEL International Corporation,
and Perceptive Informatics is a trademark of Perceptive Informatics, Inc.
All other names or marks may be registered trademarks or trademarks of
their respective business and are hereby acknowledged.
Jennifer Baird, Rebecca Passo
Senior Director of Public Relations SHIFT Communications
PAREXEL International Tel: +617-779-1817
Tel: +781-434-4409 Email: firstname.lastname@example.org
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