Waltham, Massachusetts – (The Hosting News) – June 15, 2007 – Web host and integrated data management solutions firm, Phase Forward Incorporated, has been honored by the ”Globe 100” list of top-performing public companies in Massachusetts, based on a composite score derived from financial data for the four quarters ending December 31, 2006.
Phase Forward was ranked twenty-first among Massachusetts-based companies whose stock is publicly traded on NASDAQ, New York Stock Exchange or American Stock Exchange. Phase Forward frequently merits inclusion in the Globe’s weekly listing of the ”Life Sciences 25,” a roster of the top companies in the sector, ranked by market value.
Shirley Leung, Business Editor of the Globe remarked, ”The companies in the Globe 100 have distinguished themselves in not only their respective fields but among other Massachusetts businesses. This year’s Globe 100 highlights the broad spectrum of both old and new Massachusetts companies, from cutting-edge sectors like biotechnology to long-standing staples like construction.”
To qualify for the Globe 100, a company must have been public for the entire 2006 calendar year and have reported a positive net income for both 2005 and 2006.
Bob Weiler, CEO and President of Phase Forward added, ”As we approach our tenth anniversary in June, this marks another important milestone for Phase Forward. The company’s success is based on the hard work of our sharp, dedicated employees, who are helping some of the world’s largest life sciences organizations aggressively advance clinical research while maintaining high safety standards.”
The Globe 100, now in its 19th year, ranks Massachusetts-based public companies based on financial data from the four quarters ending closest to December 31, 2006, and for corresponding quarters a year earlier.
The Boston Globe is wholly owned by The New York Times Company (NYSE: NYT), a leading media company with 2006 revenues of $3.3 billion, including The New York Times, the International Herald Tribune, The Boston Globe, 15 other daily newspapers, WQXR-FM and more than 30 Web sites, including NYTimes.com, Boston.com and About.com. The Company’s core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment.
Phase Forward is a provider of web hosting and integrated data management solutions for clinical trials and drug safety. The company offers solutions for electronic data capture (InForm), clinical data management (Clintrial), clinical trials signal detection (CTSD), strategic pharmacovigilance (WebVDME) and Signal Management), adverse event reporting (Clintrace) and applied data standards (WebSDM). In addition, the company provides services in the areas of application implementation, hosting and validation, data integration, business process optimization, safety data management and industry standards. Phase Forward’s products and services have been utilized in over 10,000 clinical trials involving more than 1,000,000 clinical trial study participants at over 260 organizations and regulatory agencies worldwide including: AstraZeneca, Boston Scientific, Dana-Farber Cancer Institute, Eli Lilly, Food and Drug Administration, GlaxoSmithKline, Merck, U.K. Medicines and Healthcare Products Regulatory Agency, National Institutes of Health, Procter and Gamble, Quintiles, sanofi-aventis, Schering-Plough Research Institute, Serono and Servier.
To learn more, please visit: www.phaseforward.com.