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eResearch Technology Inc

 
Hoover's Profile: eResearchTechnology, Inc.
 
(NASDAQ (GS):ERES)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
eResearchTechnology, Inc.
30 S. 17th St.
Philadelphia, PA 19103-4001
PA Tel. 215-972-0420
Fax 215-972-0414

Type: Public
On the web: http://www.ert.com
Employees: 415
Employee growth: 16.6%

eResearchTechnology (eRT) e-cares about your e-clinical e-trial. The firm offers support services and software to help streamline the clinical trials process that drugs and medical devices must pass to earn regulatory approval. eRT's products automate all aspects of the process, from setup and data gathering to analysis and FDA application preparation. Customers include drugmakers, medical device firms, and contract research organizations (CROs). Flagship product EXPeRT ensures cardiac safety by collecting, processing, and interpreting electrocardiogram (ECG) data. eRT also provides site support including ECG equipment rentals and sales. The firm markets its products through a global sales force.

Key numbers for fiscal year ending December, 2008:
Sales: $133.1M
One year growth: 34.9%
Net income: $25.0M
Income growth: 63.9%

Officers:
Chairman and Chief Scientific Officer: Joel Morganroth
President, CEO, and Director: Michael J. McKelvey
EVP, CFO, and Secretary: Keith D. Schneck

Competitors:
Encorium
M2 Worldwide Corporation
Phase Forward

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