• SKIP TO CONTENT
  • SKIP NAVIGATION
  • Patient Resources
    • COVID-19 Patient Resource Center
    • Clinical Trials
    • Search Clinical Trials
    • Patient Notification System
    • What is Clinical Research?
    • Volunteering for a Clinical Trial
    • Understanding Informed Consent
    • Useful Resources
    • FDA Approved Drugs
  • Professional Resources
    • Research Center Profiles
    • Clinical Trial Listings
    • Market Research
    • FDA Approved Drugs
    • Training Guides
    • Books
    • eLearning
    • Events
    • Newsletters
    • JobWatch
    • White Papers
    • Patient Education
    • SOPs
    • eCFR and Guidances
  • White Papers
  • Trial Listings
  • Advertise
  • COVID-19
  • iConnect
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Home » Oracle Finalizes Relsys Acquisition

Oracle Finalizes Relsys Acquisition

August 3, 2009
CenterWatch Staff

Software company Oracle finalized its acquisition of Relsys International, a provider of drug safety and risk management applications, in a deal that Oracle says will extend its leadership in the health sciences industry.

Through this acquisition, Oracle hopes to deliver a suite of software applications that enables customers to identify safety risks earlier in the development cycle, provide greater transparency into safety reporting and allow companies to better perform post-market surveillance.

Relsys, which supports adverse event reporting, risk management and data analysis for drug and medical device developers and contract research organizations, will become part of Oracle’s health sciences global business unit.

“We have been serving the CRO industry, but there are key customers of Relsys who are among the world’s largest pharma and biotech companies who will now have a broader product portfolio from Oracle,” said Neil de Crescenzo, senior vice president and general manager for the Oracle health sciences unit.

Oracle’s health sciences unit was created last year to address opportunities in the life sciences and healthcare industries. The company acquired the intellectual property assets of Conformia Software in June to enhance its existing technology for managing drug development, packaging and commercialization.

“We expect to continue to experience substantial growth in line with the market opportunity and our expanding product portfolio,” de Crescenzo said.

As part of the deal with Relsys, Oracle acquired all of the company’s employees and management. DeCrescenzo would not say how many employees were involved in the transaction but said the transfer of these employees was critical to the deal because of their industry knowledge and domain expertise.

Relsys was founded in 1987 and has locations in California, New Jersey, the UK, Japan and India. Oracle would not release specific information about the company’s size at the time of acquisition but said the California and India offices would remain open.

Oracle, which has partnered with Relsys in the past, selected Relsys for this acquisition based on its reputation in the industry. According to Oracle, 21 of the top 50 global pharmaceutical companies currently rely on Argus, Relsys adverse event reporting system. Although the Relsys brand will be discontinued following the acquisition, specific product names like Argus will continue.

Upcoming Events

  • 15Apr

    Five Telltale Signs You’re Ready for an Electronic TMF System

  • 26Apr

    MAGI's Clinical Research vConference — Spring 2021

  • 06May

    The World of Post-COVID-19 Clinical Trials: How to Prepare for What’s Coming Next

Featured Products

  • Regenerative Medicine – Steps to Accelerate Development : PDF

    Regenerative Medicine: Steps to Accelerate Development

  • Clinical Trial Agreements — A Guide to Key Words and Phrases : PDF

    Clinical Trial Agreements: A Guide to Key Words and Phrases

Featured Stories

  • Clinical-Trial-Brainstorming

    FDA, Industry Tackle Problem of Including Older Adults in Trials

  • ClinicalTrialNetwork-360x240.png

    National Community-Based Research Network Would Improve Reach of Trials

  • Bottleneck-360x240.png

    Sites Face Trials Bottleneck After Pandemic, But Also Opportunities

  • AsktheExpertsBadge-360x240.png

    Ask the Experts: Genetic Research and IBC Oversight Requirements

Standard Operating Procedures for Risk-Based Monitoring of Clinical Trials

The information you need to adapt your monitoring plan to changing times.

Learn More Here
  • About Us
  • Contact Us
  • Privacy Policy
  • Do Not Sell My Personal Information

Footer Logo

300 N. Washington St., Suite 200, Falls Church, VA 22046, USA

Phone 617.948.5100 – Toll free 866.219.3440

Copyright © 2021. All Rights Reserved. Design, CMS, Hosting & Web Development :: ePublishing