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- Title
Clarix Joins Phase Forward.
- Authors
BORFITZ, DEBORAH
- Abstract
The article discusses the decision of biotechnology company Phase Forward to invest $40 million in cash to acquire privately-held Clarix LLC in September 2008. The merger would integrate the flagship InForm electronic data capture (EDC) system of Phase Forward with the interactive response technology (IRT) of Clarix. The statements of Martin Young, vice president of Phase Forward, and Jagath Wanninayake, chief executive officer (CEO) and founder of Clarix, about the acquisition are previewed.
- Subjects
PHASE Forward Inc.; CLARIX LLC; BIOTECHNOLOGY industries; MERGERS &; acquisitions; YOUNG, Martin; WANNINAYAKE, Jagath
- Publication
Bio-IT World, 2008, Vol 7, Issue 9, p23
- ISSN
1538-5728
- Publication type
Article