2008

Averion Ramps up in Eastern Europe with Ukraine Office

Monday, August 4, 2008

Adding yet another key Eastern European country to its footprint in the region, Southborough,Mass.-based contract research organization (CRO) Averion has opened an office in Kiev, Ukraine—the country’s capital and largest city. The office is being led by Evgeny Levenko, M.D., PhD, Averion’s affiliate manager for Ukraine.

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Covance Reports 23% Earnings Growth in 2Q

Thursday, July 31, 2008

Covance reported after the bell Wednesday that its second quarter earnings jumped 22.7% to 79 cents per diluted share compared with the second quarter of 2007. The contract research organization said the earnings excluded one cent per share gain from the sale of its centralized ECG business in 2007.

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eResearchTechnology Names CFO

Thursday, July 31, 2008

eResearchTechnology (eRT), a provider of centralized ECG and eClinical technology, ePRO and other services to the biotech, pharmaceutical and medical device industries, appointed Keith Schneck as executive vice president and chief financial officer.

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Phase Forward Revenue Jumps 30%

Wednesday, July 30, 2008

Waltham, Mass.-based Phase Forward, a provider of data management solutions for clinical trials and drug safety, reported after the bell Monday a 30% jump in second quarter revenues to $40.9 million from $31.5 million in the second quarter of 2007.

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