eResearchTechnology

Genstar Capital to acquire ERT

Tuesday, April 10, 2012

Philadelphia-based eResearch Technology, a technology-driven provider of health outcomes research services to sponsors and CROs, has agreed to be acquired by affiliates of Genstar Capital, a middle market private equity firm, for $8 per share in cash in a transaction valued at approximately $400 million.

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eResearch Technology Revenues Down 60% in ‘09

Wednesday, March 3, 2010

Philadelphia-based eResearch Technology (ERT) reported a 60% drop in net income in 2009 compared with 2008. Net income in 2009 was $10.7 million, or $0.22 per diluted share, compared with $25 million, or $0.48 per diluted share, for full-year 2008.

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eResearch Revenues Up 41.5%, Shares Down 30%

Friday, October 31, 2008

Philadelphia, Pa.-based eResearch Technology saw its revenue growth wane slightly in the third quarter but still maintained a 41.5% increase compared with the same period last year. The eClinical company reported net revenues for the quarter of $33.9 million up from $24 million in the third quarter of last year. Diluted net income per share was $0.13 compared with $0.07 in the third quarter of 2007, and gross margin was $19.1 million.

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eResearchTechnology Net Income Up 62%

Tuesday, August 5, 2008

eResearchTechnology (eRT), a provider of centralized ECG and eClinical technology, ePRO and other services to the pharmaceutical, biotechnology, medical device industries, reported second quarter net income jumped 62.5% to 13 cents a share on revenue that increased 43.4% to a record $35.5 million.

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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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