Phoenix Data Systems

BioClinica Profits Down, Revenues Up Due to Acquisition

Wednesday, May 6, 2009 10:07 AM

BioClinica, the recently renamed and rebranded Bio-Imaging Technologies, reported a 31% drop in profit for the first quarter 2009 compared with the same period last year. Net income decreased from $1.14 million, or $0.09 per diluted share, in 2008, to $786,000, or $0.05 per diluted share, for Q1 2009.

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Bio-Imaging Technologies Changes Name to BioClinica, Expects to Acquire More Companies

Tuesday, April 28, 2009 09:05 AM

Now that Newtown, Pa.-based contract research organization Bio-Imaging Technologies has completed its integration of Phoenix Data Systems, which it acquired in March 2008, the company has changed its name to BioClinica. The new name also marks the start of an active acquisition phase for the 450-employee company, which plans to acquire more companies in the clinical research services space.

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Bio-Imaging Technologies Revenues up 50%

Thursday, February 12, 2009 07:00 AM

Bio-Imaging Technologies reported 50% revenue growth for 2008 following the March 2008 acquisition of Phoenix Data Systems (PDS). Full year 2008 service revenues increased to $56.2 million, up from $37.5 million in 2007. PDS accounted for $12.5 million of that revenue.

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Bio-Imaging Q3 Revenues Increase 58%

Friday, November 7, 2008 10:00 AM

Bio-Imaging Technologies saw a big jump in its third quarter revenues thanks to the March 2008 acquisition of eClinical company Phoenix Data Systems (PDS).

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Former etrials COO Named PDS President

Thursday, October 2, 2008 12:08 PM

Former etrials chief operating officer Peter S. Benton is the newly named president of Phoenix Data Systems (PDS), the eClinical division of Newtown, Pa.-based CRO Bio-Imaging Technologies. Benton, whose position at etrials was eliminated in April, will succeed Dr. William Claypool, who is leaving PDS to start a pharmaceutical development consulting company. Bio-Imaging acquired PDS earlier this year.

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