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Velos Powers Prostate Cancer Foundation Researchers
Fremont, CA — February 17, 2005 — The cover story of
Fortune Magazine’s November 29, 2004 issue featured Michael Milken,
six time Tour de France winner Lance Armstrong, and Michael Milken’s
pioneering efforts to find a cure for all types of cancer. In the
Fortune article, which appeared under the full page headline “The
Man Who Changed Medicine”, the author notes:
“In the time
it normally takes a big pharmaceutical company to bring a single new
drug to market, Milken has managed to raise the profile of prostate
cancer significantly, increase funding dramatically to fight the
disease, spur innovative research, attract new people to the field,
get myriad drugs into clinical trials, and, dare we say, speed up
science.”
Velos is the clinical trial management software
company that supports Prostate Cancer Foundation (PCF) researchers.
Velos eResearch is used by PCF researchers to capture clinical trial
information; integrate with hospital information systems; and
exchange and consolidate information across sites; and to support a
myriad of regulatory, reporting, and analysis needs. In a little
over a year, seven leading prostate cancer research programs,
including four of the top ten in the United States (U.S. News and
World Report), have put Velos eResearch into
production.
“As part of our mission to accelerate the
development of better treatments and a cure for prostate cancer, we
must improve the efficiency of the clinical trials process. By
adopting a common data system, these leading academic centers, all
of which are members of our Therapy Consortium, have taken an
important step in the right direction. This will make it easier for
more patients to participate in clinical trials and help everyone
benefit from the results of those trials sooner,” said Leslie D.
Michelson, Vice Chairman and CEO of the Prostate Cancer
Foundation.
John McIlwain, President of Velos, adds, “To
support the Prostate Cancer Foundation’s highly collaborative
research programs, systems must adapt to the researchers’ unique
needs at each site and at the same time facilitate collaboration and
information exchange. Velos eResearch is highly suited to these
multi-dimensional information needs. PCF’s high caliber management
and their exceptional investigators think and move fast----it’s our
job to move in lock step with them.” The complete Fortune story is
available at Fortune.com (subscription required).
About Velos
Velos is a leading designer and developer
of next-generation healthcare information systems. Velos eResearch
is an internet and intranet product line designed for study site
professionals that supports patient recruitment, study monitoring,
project planning, study design, protocol compliance, budget
management, data safety monitoring, and study execution. The Company
is privately held with headquarters in Silicon Valley.
Additional information regarding Velos may be obtained by
contacting Madalynne Chapman (510-580-2661 / mchapman@velos.com) or visit our corporate website http://www.velos.com/
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