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Phase Forward Inc

 
Hoover's Profile: Phase Forward Incorporated
(NASDAQ (GM):PFWD)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Phase Forward Incorporated
880 Winter St.
Waltham, MA 02451
MA Tel. 781-890-7878
Toll Free 888-703-1122
Fax 781-890-4848

Type: Public
On the web: http://www.phaseforward.com
Employees: 718
Employee growth: 41.1%

There are many phases in clinical testing, and Phase Forward wants to be one of them. The company provides software that electronically captures data (EDC), manages clinical data (CDM), and automates adverse event reporting (AER). Customers for its products include pharmaceutical and biotechnology companies, medical device makers, academic institutions, and clinical research organizations. With a customer base of nearly 300 companies -- including Eli Lilly, GlaxoSmithKline, and Genzyme -- Phase Forward boasts that its software has been used in more than 10,000 different clinical trials.

Key numbers for fiscal year ending December, 2008:
Sales: $170.2M
One year growth: 26.7%
Net income: $13.8M
Income growth: (52.6%)

Officers:
Chairman, President, and CEO: Robert K. (Bob) Weiler
CTO: Tim Rochford
VP Corporate Development and Marketing: Martin A. Young

Competitors:
DATATRAK International
eResearchTechnology
Medidata Solutions

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