Released on: September 25, 2008, 1:01 am

Press Release Author: Veedacr

Industry: Biotech

Press Release Summary: Ahmedabad-based Veeda Clinical Research (Veeda CR), a fast
growing Clinical Research Organization with presence in Europe, India and USA, has
announced the implementation of Clintrial, a leading Clinical Data Management tool
to strengthen its Data Management backbone. Clintrial will provide Veeda CR easy
integration with other systems in the clinical trial space resulting in secure and
faster access to time- sensitive data.

Press Release Body: Ahmedabad-based Veeda Clinical Research (Veeda CR), a fast
growing Clinical Research Organization with presence in Europe, India and USA, has
announced the implementation of Clintrial, a leading Clinical Data Management tool
to strengthen its Data Management backbone. Clintrial will provide Veeda CR easy
integration with other systems in the clinical trial space resulting in secure and
faster access to time- sensitive data.

Clintrial was jointly implemented at Veeda CR by Phase Forward and IBM India. The
implementation process included IBM installing Clintrial, configuring a Pilot
Clinical Study chosen by Veeda, providing validation services to meet regulatory
requirements, providing support to the Veeda team and project managing the overall
implementation. Product vendor Phase Forward provided training on Clintrial to all
users at Veeda CR’s global units.

Commenting on the development, Ms. Marie-Paule, Head of Biometrics at Veeda said,
“The selection of Clintrial was based on its proven track record in improving
efficiency and thereby accelerating drug development timelines. Easy integration of
external data enables us to provide the sponsor faster access to fully validated
data."

Apurva Shah, Co-Group Managing Director and Co-Founder of Veeda said, “We would like
to capitalize on 18 years of Biometrics experience of our Belgian unit and expand
our Indian team substantially for offering Biometric services like Data Management,
Statistical Analysis (including programming) and Medical Writing. At Veeda we have
always had a commitment towards Quality, Clintrial will enhance our clinical
research data quality and it will optimize our capability and help us meet our
business goals faster”.

On completion of the implementation process, Sandip Patel, Managing Partner, Global
Business Services, IBM India and South Asia, said “IBM is committed to providing the
IT infrastructure, implementation and support services needed to streamline clinical
development efforts in India. In order to enhance competitive advantage, it is
critical to optimize the value of information assets in industries like Clinical
research. IBM relies on deep business experience, renowned process knowledge and
technological expertise to help businesses like Veeda to move ahead of its
competitors.”

In addition, Dr. Jon Carrano, General Manager of Phase Forward Australia and
Regional Director further elaborated, “The experience and capability of Veeda’s key
personnel resulted in a very efficient implementation, facilitated by our well
proven technology transfer and validation processes. Our regional consultants
ensured that Veeda’s global teams were provided first class end-user training and a
thorough understanding of the products’ functionality. We look forward to Veeda's
continued expansion and further integration of our solutions”.

The implementation of Clintrial is expected to enable Veeda to focus on its core
competencies in delivering high quality data and simultaneously pave the way forward
for new CDM capabilities

About Veeda CR:
Veeda Clinical Research (Veeda CR) is a Phase I organization with top class clinical
pharmacology units in the UK, Europe and India. Veeda has dedicated clinical
pathology, bioanalysis, biomarker and immunogenicity laboratory services which are
GLP accredited and has assess to an extensive database of volunteers.

About Veeda CR:
Veeda Clinical Research (Veeda CR) is a Phase I organization with top class clinical
pharmacology units in the UK, Europe and India. Veeda has dedicated clinical
pathology, bioanalysis, biomarker and immunogenicity laboratory services which are
GLP accredited and has assess to an extensive database of volunteers.

Veeda Clinical Research’s Biometrics unit has divisions in both Europe and in India.
With 18 years of experience in all phases of clinical research Veeda CR specialises
in providing high quality data management, statistics and report writing in
accordance with global regulatory standards.

About IBM:
For additional information please visit www.ibm.com

About Phase Forward:
Phase Forward is a leading provider of integrated data management solutions for
clinical trials and drug safety. The company offers proven solutions for electronic
data capture (InForm™), phase I clinic automation (LabPas™), clinical data
management (Clintrial™), clinical trials signal detection (CTSD™), strategic
pharmacovigilance (Empirica Signal™) and Signal Management, adverse event reporting
(Empirica Trace™) 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 280 organizations and regulatory agencies worldwide including:
AstraZeneca, Boston Scientific, Dana-Farber Cancer Institute, Eli Lilly, the U.S.
Food and Drug Administration, GlaxoSmithKline, Harvard Clinical Research Institute,
Merck Serono, Novartis, Novo Nordisk, PAREXEL International, Procter & Gamble,
Quintiles, sanofi-aventis, Schering-Plough Research Institute, Servier, Tibotec and
the U.K. Medicines and Healthcare Products Regulatory Agency. Additional information
about Phase Forward is available at www.phaseforward.com

Web Site: http://www.veedacr.com

Contact Details: Smita Pillai / Neha Shah
Integral PR Mumbai
9821929066 / 9867097011
smita@integralpr.com / neha@integralpr.com