Bio-Imaging buys Phoenix Data Systems

AuntMinnie.com staff writers
Mar 24, 2008

Bio-Imaging Technologies of Newtown, PA, has acquired Phoenix Data Systems of King of Prussia, PA, for $24 million.

Phoenix Data Systems provides clinical electronic data capture (EDC) services, such as interactive voice response, reporting, and data management, as well as interoperable eClinical data products, to the pharmaceutical and biotechnology industries.

Phoenix Data Systems, which had revenues of $12 million in 2007, will retain its name and continue under the management of current president Dr. William Claypool. The company's 127 employees will join Bio-Imaging as a new division within the company's core clinical trials services business.

Related Reading

Bio-Imaging completes Theralys acquisition, February 7, 2007

Bio-Imaging grows revenues, posts Q3 profit, November 9, 2006

Bio-Imaging to develop quantitative CTA software, March 30, 2006

DOBI teams up with Bio-Imaging, June 9, 2005

Copyright © 2008 AuntMinnie.com

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