Articles Published in 2008 Articles | CenterWatch News Online

Articles Published in 2008

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CWWeekly Feb. 4th 2008 Issue

Friday, February 8, 2008 02:22 PM

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Covance Reports Jump in Fourth Quarter Revenue

Friday, February 8, 2008 01:55 PM

Princeton, N.J.-based CRO Covance reported a nearly 20% jump in fourth quarter net revenue to $411 million compared with $343 million in 2006. Net income was also impressive, $47 million, a 22% increase compared with the fourth quarter of 2006. Earnings per share were $0.72 in the quarter, up 21.8% compared with the fourth quarter of 2006. Fourth quarter revenues were split evenly between Covance’s early development and late-stage development business units.

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Rapid Growth of Asia-Pacific Clinical Trials Market Focus of New CenterWatch Report

Wednesday, February 6, 2008 11:56 AM

CenterWatch, a publishing and information services company focused on market research about clinical trials, finds in a new report that the Asia-Pacific region is grabbing an increasing share of the global clinical trial market, and with new regulatory changes across the region, has already been growing at more than 50% in recent years.

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Rituximab Hits Endpoints for New Indication

Tuesday, February 5, 2008 09:54 AM

Roche issued positive results from a phase III trial of MabThera (Rituxan, rituximab) as a first-line therapy for rheumatoid arthritis. This international, randomized, placebo controlled, double blind, parallel group study was dubbed SERENE (Study Evaluating Rituximab’s Efficacy in methotrexate iNadequate rEsponders).

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Phase Forward Delivers Strong 4Q, 2007

Monday, February 4, 2008 11:13 AM

Waltham, Mass.-based eClinical company Phase Forward reported strong fourth quarter and full 2007 annual results on Jan. 31. Revenues for the full year 2007 were $134.3 million, a 26% increase from $106.6 million in the previous year. More than 70%, or $96.9 million, of its total revenue stemmed from its electronic data capture product (EDC) product InForm.

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CWWeekly January 28th 2008 Issue

Friday, February 1, 2008 11:09 AM

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Clinical Data, Affymetrix in Marketing Deal

Wednesday, January 30, 2008 12:26 PM

Newton, Mass.-based analytical services company Clinical Data signed a service and marketing agreement with Affymetrix, a diagnostic technology company based in Santa Clara, Calif. The agreement allows Clinical Data’s two subsidiaries, Cogenics and Epidauros Biotechnologies AG, to sell Affymetrix’s drug metabolizing enzymes and transporter (DMET) solution. DMET is a method for analyzing the genetics of drug metabolism. It allows sponsors to gain valuable data on pharmacokinetics compared to a patient’s genetic profile.

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Parexel Builds Momentum, Boosts 2008 Outlook

Tuesday, January 29, 2008 09:47 AM

Parexel, a global contract research organization (CRO), continues on a nice roll with its shares up another 1.7% yesterday to $57—just off its 52-week high.

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LabCorp to Acquire Tandem Labs

Monday, January 28, 2008 07:44 AM

Burlington, N.C.-based LabCorp has signed an agreement to acquire the bioanalytical services company Tandem Labs for an undisclosed amount. Tandem performs analytical lab work for drugs in all stages of development including discovery, preclinical, and clinical. Founded in 1981 as Northwest Toxicology Consultants, the company initially operated as a clinical toxicology reference laboratory.

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