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Top Stories for the Week of April 30th 2007

Apr 30, 2007 2:12:00 PM

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Top News

Western IRB Sells Majority Stake to Boston Ventures

Private equity firm Boston Ventures has bought a majority stake in Western IRB (WIRB), a Seattle, Wash.-based independent review board (IRB). Financial terms were not disclosed. IRBs review research sponsored by organizations such as academic institutions and pharmaceutical companies. WIRB is one the largest IRBs worldwide. The company has about 300 employees and works in 34 countries.

PHT Taps Japanese Marketplace with Mebix Partnership

Charlestown, Mass.-based electronic patient reported outcomes (ePRO) company PHT has entered into a partnership with Mebix, a data management and evidence-based medicine monitoring solutions company based in Japan. Mebix will provide PHT with sales support, project management and study monitoring at the local level. PHT already has four trial projects through the Mebix partnership.

Other breaking news...  

Company Profile: An interview with Venkatraman Sunder, vice president, Operations, Asian Clinical Trials

Past weekly article summaries for the year can be found in the CW Weekly Issue archives. To read the full articles for this issue or for more information on these and other breaking stories, please click here!

Recent Industry Personnel Changes

Apr 30, 2007 9:46:16 AM

  • Cambridge, Mass.-based CRO PROMETRIKA has hired Gretchen Richards to the role of director of clinical operations. In her new role, Richards will oversee the company’s new clinical management services group. The group will offer study assessment and planning, site selection, trial and regulatory management, and monitoring. Prior to joining the company, Richards served as director of clinical research at NUCRYST Pharmaceuticals and has held various roles at Parexel International, MacroChem, Hydridon, and Millennium Pharmaceuticals.
  • Doylestown, Penn.-based ICON Medical Imaging, (formerly Beacon Bioscience) has made a series of appointments to its senior management team. The company appointed Kim Scanlan to senior vice president of clinical operations. Scanlan will be responsible for working closely with clients and regulatory authorities, and in developing strategic initiatives.  David La Point has been named senior vice president of client services and Jean Frissora joined the company as vice president of sales. ICON MEDICAL Imaging is a division of the Dublin-based CRO ICON LLC.
  • King of Prussia, Penn.-based Omnicare Clinical Research has promoted Deborah Brewer to the position of senior vice president of global sales, marketing and new business initiates. Her previous position at Omnicare was vice president of international sales and marketing. She been involved in the clinical research for over 25 years and has held various positions in the CRO industry.
  • The Clinical Data Interchange Consortium (CDISC) has added two directors to its board, Christopher Chute, M.D., and Paula Brown Stafford. Chute is a professor and chair for the Biomedical Informatics Department at the Mayo Clinical College of Medicine. He’s worked with various technical committees on standardizing health information and vocabulary. Stafford is the executive vice president of global data management at Quintiles Transnational. She leads a 1,200 person team and manages a $100 million data management project for the company. Stafford will take the position of Chair of the Board’s Financial Oversight Committee. CDISC’s board has a total of 10 directors.
  • Conshohocken, Penn.-based eClinical firm Fast Track Systems has hired Fredric Cohen, M.D. to the position of vice president of clinical strategy. Prior to joining Fast Track, Cohen held various positions at Eli Lilly, Johnson & Johnson and just recently was president of Pharma Growth Strategies. Cohen will remain president of PGS while serving at Fast Track.

Cancer Biomarkers Collaborative Formed

Apr 27, 2007 1:20:34 PM

The American Association for Cancer Research (AACR) has formed a collaborative group with the U.S. Food and Drug Administration (FDA) and the National Cancer Institute (NCI) called the Cancer Biomarkers Collaborative (CBC). The purpose of the CBC is to champion the use of validated biomarkers in clinical trials.  Its mission is to develop a set of guidelines for effectively integrating predictive biomarkers into oncology trials.

"Major advances in cancer biology over the last quarter century have provided us with a better fundamental understanding of cancer in all of its forms, yet the translation of this knowledge into medical practice remains painstakingly slow," said William Hait, M.D.,Ph.D, president of the AACR.

The group will meet this summer to begin discussions on how to develop specific guidelines.


Top Stories for the Week of April 23rd 2007

Apr 25, 2007 8:59:00 AM

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Top News
 
INC Research Acquires Infectious Disease CRO Advanced Biologics

Raleigh, N.C.-based contract research organization (CRO) INC Research has expanded into the infectious disease trials market by acquiring Advanced Biologics, a specialty CRO based in New Hope, Pa. Financial details were not disclosed.

Mediprobe Launches Phase I Business with Acclaim Pharma Services

London, Ontario-based contract research organization (CRO) Mediprobe Research has created a sister company, Acclaim Pharma Research, with the construction of a new 10,600-square-foot phase I and bioequivalence/bioavailability (BE/BA) facility.

Other breaking news... 

Company Profile: An interview with Carolyn Stroud, president, Trinity Research Consultants

Past weekly article summaries for the year can be found in the CW Weekly Issue archives. To read the full articles for this issue or for more information on these and other breaking stories, please click here!


CMS Seeks To Revise Clinical Trial Coverage Rules

Apr 24, 2007 11:04:35 AM

By Stephen DeSantis

The Centers for Medicare and Medicaid Services (CMS) has proposed new coverage rules for payments to Medicare recipients involved in clinical trials. The rules would revise the agency’s Clinical Trial Policy’s national coverage determination (NCD) system and push additional transparency requirements on trial sponsors.

Some of the new rules would include adding post approval study coverage,requiring all studies to be registered with the NIH’s clinicaltrials.gov web site prior to enrollment, requiring all studies to publish results and paying for additional clinical services outside of the trial. The proposal also seeks to rename the coverage policy, the Clinical Research Policy. The new rules will be open for comment for a 30-day period after which the CMS will review these suggestions and draft a final NCD within 60 days.

“This new decision will signal our continued support to provide access to services for beneficiaries by facilitating participation in the full range of qualified, scientifically sound research projects,” said Leslie Norwalk, acting administrator for CMS.

The full draft of the proposed policy changes and the current rules for the NCD system can be found on the CMS website.

Stephen DeSantis is the Senior Associate Editor at Thomson CenterWatch.

CenterWatch Monthly: April 2007 Issue

Apr 19, 2007 7:33:00 AM

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Healthy Pipeline of Clinical Trials in Russia

Russia's global clinical research market has grown substantially in the past five years. But, relative to Russia's population of nearly 143 million, there is enormous potential for future growth, given that only 42,000 patients were enrolled in global clinical trials in the country last year. FDA and EMEA have begun approving drugs with clinical trial data from Russian sites, a mark of quality. That, along with rapid patient enrollment, has helped Russia emerge as an attractive clinical research market. While clinical research has been conducted in the country since the 1990s, big pharma has only recently begun to regard Russia as a potential future market for their drugs.

Patient Recruitment Companies Branch Out

Drug sponsors increasingly turn to patient recruitment providers to both rescue trials that have failed to meet enrollment objectives and for strategic advice early in the drug development process. As patient recruitment companies have broadened their services, a few have expanded into CRO-type services, such as standard protocol monitoring of trials. At least one patient recruitment company, BBK Worldwide, has split off a separate company, TCN e-Systems, which is a software platform that empowers sponsor companies to take greater control of their patient recruitment processes in-house. Other patient recruitment vendors have developed proprietary software.

EFGCP Addresses Ethics Committee Variability, Calls For Changes to Directive

Any biopharmaceutical company that has conducted a multinational clinical trial in the European Union (EU) knows that the ethics committee systems there vary a great deal, creating delays and confusion.The question is: Why are there so many differences among ethics committee systems in the EU even after the Clinical Trials Directive has been implemented?

Eye On Leukemia

Leukemia is a general term for cancer of the bone marrow blood cells. It includes acute and chronic forms of myelogenous and lymphocytic leukemia, based on which type of white blood cell is involved. Acute leukemia is rapidly progressive, leading to the accumulation in the marrow and blood of cells that are primitive, meaning still not fully developed or differentiated. Chronic leukemia progresses more slowly, allowing growth of greater numbers of more mature or developed cells. In acute leukemia, the cancerous blood cells are too immature to function, whereas in chronic leukemia, white blood cells present in excessive numbers retain some of their usual function.

CenterWatch has identified a pipeline of 20 drugs in various stages of development for leukemia. Thanks to new advances in molecular biology, several of these are monoclonal antibodies or antisense molecules with leukemia-specific targets. Others are new twists on conventional chemotherapy agents acting to suppress cancer cell replication and growth.

To read the full articles for this issue or for more information on these and other breaking stories, please click here or contact us at cw.sales@thomson.com.

Russia's Growth Potential

Apr 18, 2007 10:30:00 AM

By Sara Gambrill

The growth of Russia’s clinical research market in the past five years has been impressive. Nearly double the number of clinical trials were approved in 2006 as were in 2000, and the number of patients participating in global clinical trials conducted in Russia more than tripled between 2002 and 2006. In addition, between 2001 and 2006, Form FDA 1572s were filed by more than three times the number of investigators in Russia.

The most distinguishing factor propelling Russia’s growth - attracting pharmaceutical and biotech companies and contract research organizations (CROs) from around the world - is the solid reputation for clinical research the country has built up over the past decade. Drugs developed with data coming from studies conducted in Russia have begun to be approved by the U.S. Food and Drug Administration and the European Medicines Agency—the most important quality marker an emerging market in clinical research could attain...

Continue reading... »

Top Stories for the Week of April 16th 2007

Apr 17, 2007 10:04:00 AM

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Top News

Metroplex Buys Site Back From Radiant Research

A group of investors and founders of Dallas, Texas-based investigative site Metroplex Clinical Research Center (MCRC) have bought it back from Radiant Research, the site management organization (SMO) that acquired it in 1999. Financial terms were not disclosed.

Synchron Acquires Indian CRO Startup Innovance

India-based contract research organization (CRO) Synchron Research Services has acquired Innovance, an Ahmedabad-based CRO that has a new 64-bed, 18,000-square-foot research center and 14-bed phase I facility. The acquisition will bring Synchron's total bed capacity to roughly 200.

Other breaking news...      

  • DSG launches enhanced EDC software...
  • Quintiles opens lab in India...

Company Profile: An interview with Michael Choukas, president and CEO, Oncopartners

Past weekly article summaries for the year can be found in the CW Weekly Issue archives. To read the full articles for this issue or for more information on these and other breaking stories, please click here!

Recent Industry Personnel Changes

Apr 16, 2007 8:45:00 AM

  • New York-based eClinical firm Medidata Solutions has appointed Hugh Levaux to the position of vice president of product strategy. Levaux is the former chief executive officer of Ninaza, an electronic data capture company formerly based in San Mateo, Calif. Ninaza was acquired just this month by Octagon Research Solutions. Prior to Ninaza, Levaux held various positions at Quintiles, CareScience, and the RAND Corp. Levaux also worked as vice presient of Operations at the Lewin Group, a division of Quintiles, where he managed consulting projects on health economics, quality of life, and reimbursement.
  • Allphase Clinical Research, a contract research organization (CRO) based in Ottawa, Ontario, has promoted Angelo Panzica to chief operations officer. He will be responsible for overseeing clinical operations and developing strategies for growing the company’s business. Panzica joined Allphase in 2005 with 20 years experience in the clinical trials industry.
  • The Princeton, N.J.-based CRO PharmaNet Development Group has named Beverly Harrison as senior vice president of business development for the company’s early stage group. Harrison’s responsibilities will development phase I and bioequivancy business and the company’s bioanalytical laboratory services. She was previously a vice president at MDS Pharma Services. Harrison was also president of Trilliant Research and vice president for business development and chief business officer at Premier Research in Philadelphia, Penn.
  • Cetero Research, a CRO based in Cary, N.C., has appointed Martin Tyson to the position of chief information officer. Prior to joining Cetero, Tyson held senior executive technology positions at GlaxoSmithKline and various CROs such as Quintiles.
  • TrialStat, an eClinical firm based in Ottawa, Ontario, has appointed Peter Hunter to the position of chief financial officer and chief operations officer. Hunter founded Enterprise Venture Capital Fund and was chief executive officer of the real estate venture capital firm, the Sterling Group. He brings to TrialStat more than 20 years of experience in finance and strategic negotiations, and managed an independent financial consulting firm.

Be sure to send your organization's latest personnel news via mail to the editors at Clinical Trials Today!

Paved With Good Intentions

Apr 13, 2007 11:34:36 AM

By Sara Gambrill

The financial model of the Center for the Study of Neurodegenerative Diseases at the University of Virginia leaves much to be desired. Facing shortfalls during a clinical trial studying a drug to treat amyotrophic lateral sclerosis (ALS), James P. Bennett, Jr., director of the center and the physician sponsor of the clinical trial, solicited trial subjects for money to continue to study the drug’s effects on them, according to an article in the Wall Street Journal.

Though Dr. Bennett divested himself of any financial interest in the study drug, the ethical breach is glaring. A small biotech company does have a financial stake, however. It acquired the license for the drug from the university a year ago. As part of the licensing agreement, the company has committed $300,000 to Dr. Bennett’s lab.

Fundamental to what contributed to this situation in the first place is not having the kind of operation that is financially capable of running a clinical trial. This comes at a time when disease foundations are getting savvy about the business end of finding a cure. As this case makes clear, they have to be.

Cystic fibrosis (CF) affects the same number of people as ALS in this country—about 30,000. But the CF Foundation has a well-established, well-run organization to fund clinical trials. The foundation established a Therapeutics Development Program in 1998 with a $20 million grant from the Bill and Melinda Gates Foundation.

It has a 250,000-volunteer grassroots organization raising money for it and its drug discovery and development affiliate, CF Foundation Therapeutics (CFFT), which has committed more than $215 million with biotechnology companies to discover new compounds to create a pipeline for cystic fibrosis of about 30 different products. Dr. Bennett, and the ALS Association, could learn something from CFFT...

Continue reading... »

Top Stories for the Week of April 9th 2007

Apr 11, 2007 10:37:00 AM

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Top News

Global Research Services Born from Sale of Medifacts CRO Division

Maryland-based Medifacts International has sold its contract research organization (CRO) division to Bruce Garrett, M.D., the company's chief medical officer. The new CRO will be named Global Research Services (GRS).      

Anaclim Enters ePRO Market with Maaguzi Partnership

Indianapolis-based Anaclim, a contract research organization (CRO) focused on minority patient recruitment, and eClinical software provider Maaguzi have formed a partnership to leverage and co-market their services in the area of electronic patient reported outcome (ePRO) research in phase IV trials.
          
Other breaking news...      

Company Profile: An interview with Philip T. Lavin, Ph.D., chief executive officer, Averion International Corp.

Past weekly article summaries for the year can be found in the CW Weekly Issue archives. To read the full articles for this issue or for more information on these and other breaking stories, please click here!

 

2006 Is Strong Year For Averion Despite Merger Costs

Apr 9, 2007 1:11:08 PM

Boston-based CRO Averion International reported a 48% increase in revenue for 2006 to $27.3 million. However, the company reported a loss in net operating income of $9.2 million, primarily due to costs associated with a merger in 2005 with Millennix and a 2006 reverse merger with IT&E International. The company’s chief executive officer Philip Lavin stated the Averion has had a “solid start” during the first quarter of 2007 and its goal is to reach profitability by the second of half of the year. Averion's backlog of business within clinical research was $35.6 million as of December 31, 2006. Cash and equivalents were roughly  $8.1 million, an increase of $1.7 million from 2005.

In February, Averion completed cost reduction initiatives, which included cutting 13% of its staff. The cuts are expected to reduce operating costs by $2.5 million a year. Averion's backlog of business within clinical research was $35.6 million as of December 31, 2006. Cash and equivalents were roughly $8.1 million, an increase of $1.7 million from 2005. The company stated it had executed a record high of $13.1 million in newly signed contracts during Q1 2007.

“Our clients have confidence in our ability to deliver. We are building on this foundation by capitalizing on additional synergistic opportunities afforded by our recent transactions, as well as on market trends that are supporting our industry's rapid growth,” said Lavin.

Diagnostic Lab CRO Venture Created

Apr 5, 2007 12:20:00 PM

By Stephen DeSantis

Houston-based Power3 Medical, a developer of protein biomarkers and diagnostic technology research, has formed a new joint venture contracted research organization (CRO) with Fort Myers, Fla.-based NeoGenomics, a clinical diagnostic laboratory specializing in cancer genetics testing. Power3 Medical, which owns a minority stake in the yet unnamed CRO, will use the firm to advance its proteomics and genomics diagnostic testing technology. The companies stated they will take the next six months to develop the new firm’s business model and begin operations thereafter.

Under the agreement, NeoGenomics will provide $200,000 in cash to Power3 within 15 days by purchasing a convertible debenture-an instrument similar to a bond. The company was also granted options to increase its stake in Power3 to up to 60% of the fully diluted shares in the next 18-20 months.

The diagnostic testing sector is particularly strong within the research outsourcing market because of advances in genetics and a push for more precise molecular biomarkers. The future of pharmacogenomics - or the study of how variations in genes affect a drug safety and efficacy-has been heralded as an essential role in the era of personalized medicine.

"We are optimistic that the contract research organization will allow us to become much more vertically integrated as a high complexity laboratory capable of developing our own intellectual property and proprietary products. By adding the ability to perform specialized testing around Power3's biomarkers, we believe we can generate high margin revenue for the CRO and lay the foundation for a relationship with Big Pharma to develop companion diagnostic tests for some of the many promising drugs in the FDA pipeline," said Robert Gasparini, president and chief scientific Officer at NeoGenomics.

Stephen DeSantis is the Senior Associate Editor at Thomson CenterWatch.

Top Stories for the Week of April 2nd 2007

Apr 3, 2007 3:11:00 PM

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Top News

RCT-Global Opens Office in Ukraine

RCT-Global, a regional contract research organization (CRO) with offices in Moscow and St. Petersburg, Russia, and Sofia, Bulgaria, has opened a new office in Kiev, Ukraine. The new office will operate under the name UCT-Global.

Progenitor Expands in Argentina

Progenitor International Research, an emerging market contract research organization (CRO) founded in 2005 with headquarters in Mannheim, Germany, has opened an office in Buenos Aires, Argentina. The office will have approximately 20 employees by August. It is the second new office opened in Latin America by a CRO in as many weeks.

Other breaking news...  

Company Profile: An interview with Serge Bodart, co-founder and chief executive officer, Symfo

EMEA Tightens Phase I Guidelines

Apr 3, 2007 12:13:41 PM

By Stephen DeSantis

The European Medicines Agency (EMEA) has drafted guidelines to help ensure the safety of subjects enrolling in first-in-man studies. The guidelines come on the heels of TeGenero’s trial, which caused six otherwise healthy phase I subjects to suffer severe adverse reactions after being administered an immunological agent at a hospital in the United Kingdom. Following the incident, reviews were performed on how the study was conducted and concluded it satisfied current regulatory requirements. Among the many items cited in the report, the EMEA recommends that the Minimal Anticipated Biological Effect Level—or MABEL—be used when testing “high risk products” such as monoclonal antibodies in phase I trials.

The draft is open to a two-month public-consultation period, after which the EMEA will hold meetings with industry, academic researchers, regulatory bodies and healthcare professionals to hear feedback. The final guidance will released following that process.

You can access the draft guidelines in .pdf format here.

Stephen DeSantis is the Senior Associate Editor at Thomson CenterWatch.

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