Pro-Pharmaceuticals and Medidata Solutions Team Up to Implement EDC in Phase II Clinical Trial

Date : 03/14/2005 @ 10:00AM
Source : PR Newswire
Stock : Pro-Pharmaceuticals, (PRW)
Quote : 0.11  0.0 (0.00%) @ 12:29AM
<< BackQuote Chart Financials

 



Pro-Pharmaceuticals and Medidata Solutions Team Up to Implement EDC in Phase II Clinical Trial

Pro-Pharmaceuticals and Medidata Solutions Team Up to Implement EDC in Phase II Clinical Trial - Clinical Data for New Generation of Anti-Cancer Treatments Captured Using Medidata's RAVE Solution -

NEW YORK, March 14 /PRNewswire/ -- Medidata Solutions Inc., a global electronic clinical data management solutions provider managing trials in 40 countries, today announced that it will provide Pro-Pharmaceuticals, Inc.

(AMEX:PRW), a developer of novel carbohydrate compounds that enable the targeted delivery of chemotherapy drugs to cancer cells, with state-of-the-art electronic data capture (EDC) technology for Pro-Pharmaceuticals' Phase II clinical trial. Medidata RAVE is enabling accurate collection of data through its web-based interface yielding faster data availability for trend analysis.

"Our goal is to gain valuable real time insight into collected trial data and give our medical team effective tools for decision making which could enhance and accelerate the clinical trials and our drug development program," said Eliezer Zomer, Ph.D., Vice President Product Development & Manufacturing, Pro-Pharmaceuticals. "We teamed with Medidata for our Phase I clinical trial because of their comprehensive, state-of-the-art and easy-to-use electronic data capture capabilities as well as their rapid implementation times and professional standard of service. We look forward to working with Medidata on our Phase II clinical study."

Credible and precise outcomes data is a key factor to the regulatory agencies that scrutinize clinical trial results. With Medidata's validated collection processes and 21 CFR Part 11 Compliant RAVE solution, Pro- Pharmaceuticals will obtain the electronic data capture benefits of rapid and accurate trial data, as well as the accompanying cost savings and a decreased cycle time for follow on studies.

Pro-Pharmaceuticals has initiated a Phase II clinical trial to evaluate efficacy and safety of DAVANAT/5-FU when administered in monthly cycles as a third-line therapy for metastatic colorectal cancer.

"Medidata RAVE is a key component in the fast, accurate analysis of the efficacy of DAVANAT for critically ill cancer patients", said Tarek Sherif, CEO, Medidata Solutions. "Since our company mission is to develop technology that assists advanced research organizations like Pro-Pharmaceuticals bring new treatments to market, we are delighted to team up with Pro-Pharmaceuticals on this research. Medidata RAVE will reduce the latency of information flow, providing Pro-Pharmaceuticals with immediate insight into the ongoing status of their clinical trial."

About Medidata Solutions

Medidata Solutions understands and helps customers manage the business of electronic Clinical Data Management better than any one else. Designed to reduce the latency of information flow, optimize decision-making and improve resource allocation and safety, Medidata Solutions' flexible, enterprise class workflow and web-based technology assists global life sciences and research organizations to accelerate the process of bringing life-enhancing treatments to market. Streamlined collection, verification, consolidation and analysis of clinical research data gives front line investigators, data managers and executives, powerful tools to make more precise decisions earlier, reduce costs and drive efficiency. To learn more about Medidata Solutions visit http://www.mdsol.com/.

Pro-Pharmaceuticals, Inc. - Advancing Drugs Through Glycoscience(R)

Pro-Pharmaceuticals is a drug development company commercializing a new generation of anti-cancer treatments using carbohydrate compounds to Glyco- Upgrade(TM) the safety and efficacy of FDA-approved chemotherapy drugs. The Company has been conducting pre-clinical studies for irinotecan, doxorubicin, oxaliplatin, paclitaxel, cyclophosphamide, and most recently with AVASTIN(TM) both in combination with DAVANAT and other polysaccharide compounds. Human colon and breast xenography are being used to optimize formulations and results show that DAVANAT exhibits a broad spectrum of activity with tested drugs. Additional information is available at http://www.pro-pharmaceuticals.com/.

DATASOURCE: Medidata Solutions Inc.

CONTACT: Ed Viviani of Medidata Solutions, +1-212-918-1800,

; Anthony D. Squeglia of Pro-Pharmaceuticals, Inc.,

+1-617-559-0033,

Web site: http://www.mdsol.com/

http://www.pro-pharmaceuticals.com/

<< Back


Pro-Pharmaceuticals, Historical Chart Pro-Pharmaceuticals, Intraday Chart  
Period


LSE and PLUS quotes are live. NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions :: Contact Us :: Request an Exchange :: Affiliate Scheme
Copyright1999-2009 ADVFN PLC. Copyright and limited reproduction :: Privacy Policy :: Investment Warning :: Advertise with us :: Data accreditations :: Investor Relations :: Press office :: Jobs
ADDITIONAL SERVICES AVAILABLE FROM ADVFN
Upgrade - Click here for more information on ADVFN premium services Money Words - ADVFN Financial Glossary Investor Training ADVFN Financial Bookshop Online Training Academy
31 site:2us 091124 00:29 Stock Message Boards ( 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 )