May 11, 2015, 00:00
by
Michael Croft
PHILADELPHIA, PA, UNITED STATES - May 11, 2015 - ERT, a leading global solution provider for high-quality patient safety and efficacy endpoint data collection, today announced it has completed the acquisition of Boston-based PHT Corporation (PHT), the eClinical innovator leading the adoption of patient-driven mobile apps for improved clinical research
Combined Company to Better Meet the
Growing Need for Innovative Patient Data Collection Solutions
PHILADELPHIA, PA, UNITED STATES - May 11, 2015 - ERT, a leading
global solution provider for high-quality patient safety and
efficacy endpoint data collection, today announced it has completed
the acquisition of Boston-based PHT Corporation (PHT), the
eClinical innovator leading the adoption of patient-driven mobile
apps for improved clinical research. Financial terms of the
transaction were not disclosed.
The acquisition further
positions ERT as the leader in eClinical Outcome Assessments (eCOA)
and patient-centric data collection, bolstering ERTs
innovativeclinical trial and healthcare technologies, consulting
and service offerings with PHTsflexible eCOA system, premier eCOA
scientists and world-class customer service. The combined company
will have an increased global footprint throughout North America,
Europe and Asia, supporting all phases of clinical research across
a broad range of therapeutic areas for small and mid-sizedbiopharma
to CROs and large pharmaceutical companies - including the top 30
pharmaceutical companies in the world.
We are thrilled that the
transaction is officially closed and are delighted to welcome PHT
to the ERT family, said Jim Corrigan, President and CEO of ERT.
By combining our organizations, we have strengthened our
capabilities to deliverthe most innovative and comprehensive
patient-centric data collection solutions during this era of
accelerated eCOA adoption. We are excited to leverage our
respective strengths as wecontinue our focus on accelerating
clinical research to help bring new therapies to
market.
Over the coming weeks, ERT will
provide additional details on how this acquisition will further
enhance the companys ability to bring innovative, patient-centric
solutions to the clinical research industry.
About ERT
ERT (www.ert.com) is a leading
provider of high-quality patient safety and efficacy endpoint data
collection solutions for use in clinical drug development. ERT
delivers a combination of technology, services, and consulting that
increase the accuracy and reliability of patient data and improve
the efficiency of the clinical development process throughout the
product lifecycle. ERT delivers the most widely deployed
solutions in centralized cardiac safety, respiratory services,
suicide risk assessment and Clinical Outcome Assessments (COAs) -
which includes patient, clinician and observer reported outcomes as
well as data analytics across the trials. By efficiently
integrating these solutions through a system built upon a
scientific and regulatory foundation, ERT collects, analyzes and
delivers safety and efficacy data critical to the approval,
labeling and reimbursement of pharmaceutical products. ERT is a
global organization with headquarters in Philadelphia, PA and
offices throughout the U.S., Germany, Switzerland, U.K. and
Japan.