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Web Hosting and Data Management Firm, Phase Forward, Webcasts Financials

Waltham, Massachusetts – (The Hosting News) – July 24, 2007 – Web host and integrated data management solutions firm, Phase Forward Incorporated,

will release financial results for the quarter ending June 30, 2007 and hold a conference call with investors, hosted by Bob Weiler, President and Chief Executive Officer, along with Rodger Weismann, Senior Vice President and Chief Financial Officer.

The company plans to discuss its second quarter financial results and its outlook for the third quarter and remainder of 2007. The call will be held on Tuesday, July 24, 2007, at 5:00 p.m. (EST). The investor conference call will be available via live webcast on Phase Forward’s web site at www.phaseforward.com under the tab ”Investors.”

To participate by telephone, the domestic dial-in number is 888-713-4215 and the international dial-in is 617-213-4867. The access code is 95430759. Investors are advised to dial into the call at least ten minutes prior to the call to register. Participants may pre-register for the call. Pre-registrants will be issued a pin number to use when dialing into the live call which will provide quick access to the conference by bypassing the operator upon connection. The webcast will be available for replay until Friday, August 31, 2007 on the ”Investors” page of Phase Forward’s website.

Recently, Phase Forward debuted a new hosted submission checking service offering designed to assist customers in submit CDISC standards-compliant data to the FDA. The new WebSDM hosted service solution, was developed to enable customers to validate clinical trial data, prior to submission to the FDA Information Association 43rd Annual Meeting. Developed under a Cooperative Research and Development Agreement between the FDA and Phase Forward’s Lincoln Technologies safety division, WebSDM gives organizations a means for testing FDA submissions for compliance with the Clinical Data Interchange Standards Consortium’s (CDISC) Study Data Tabulation Model (SDTM) standard for human clinical trials.

The Submission Checking Service makes WebSDM data validation services broadly available as a hosted service offering, with a rapid contracting and access process that conforms to the tight schedules of manufacturers who are preparing applications for marketing approval with the FDA. The service enables organizations to easily confirm that data from trials conform to the SDTM standard, so that they can decrease the likelihood of delays caused by FDA data-related queries and submissions that are returned because of data discrepancies or inconsistencies.

Wayne Kubick, Senior Vice President at Phase Forward Lincoln Technologies safety division remarked, ”A successful FDA submission represents the culmination of years of hard work on the part of our customers and partners. Many of our customers have told us that WebSDM has been extremely helpful to their submission process by verifying the quality and compliant structure of their data before it’s sent to FDA. Our hosted submission checking service should make it possible for a broader group of customers to benefit in a timely, cost-effective manner.”

As one of the FDA’s Critical Path initiatives to improve the efficiency of data review and to populate the planned Janus data warehouse, the agency has requested that submitted tabulation data conform to the CDISC SDTM Implementation Guide for Human Clinical Trials specification. SDTM data submissions are validated with WebSDM by the FDA’s Office of Business Process Support (OBPS), but their primary responsibility is to support the FDA review divisions, rather than support sponsors regarding data issues.

The hosted service offering produces a comprehensive report detailing all errors identified by WebSDM. Phase Forward CDISC specialists then conduct a two-hour interactive review session using the customer’s own data to discuss identified errors, leveraging the same advanced reporting, visualization and review capabilities within WebSDM that are already available to FDA reviewers. This allows the manufacturer to examine data in the same environment FDA reviewers will use. The service also includes full customer access to the hosted data using the WebSDM error management and review tools for a 15-day period.

Phase Forward is a provider of web hosting and integrated data management solutions for clinical trials and drug safety. The company offers solutions for electronic data capture (InForm), clinical data management (Clintrial), clinical trials signal detection (CTSD), strategic pharmacovigilance (WebVDME) and Signal Management), adverse event reporting (Clintrace) and applied data standards (WebSDM). In addition, the company provides services in the areas of application implementation, hosting and validation, data integration, business process optimization, safety data management and industry standards. Phase Forward’s products and services have been utilized in over 10,000 clinical trials involving more than 1,000,000 clinical trial study participants at over 260 organizations and regulatory agencies worldwide including: AstraZeneca, Boston Scientific, Dana-Farber Cancer Institute, Eli Lilly, Food and Drug Administration, GlaxoSmithKline, Merck, U.K. Medicines and Healthcare Products Regulatory Agency, National Institutes of Health, Procter and Gamble, Quintiles, sanofi-aventis, Schering-Plough Research Institute, Serono and Servier.

To learn more, please visit: www.phaseforward.com.


Posted Tuesday, July 24th, 2007. Filed under Industry News. Trackbacks/Pings Trackback URL


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