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Velos Adds Ten New Velos eResearch Customers – Includes Five Top Ten U.S. Healthcare Providers
Fremont, CA — November 30, 2004 — Velos, Inc., an
innovative healthcare software provider, today announced adding ten
new Velos eResearch customers over the past year, including five of
the top ten healthcare providers in the United States as ranked by
U.S. News and World Report. Velos eResearch is a pure
internet and intranet system platform that supports clinical
research professionals in the areas of patient information
management: study monitoring, study and IRB compliance, patient data
safety and monitoring, electronic data capture, and budget and
financial management.
With Velos eResearch, Velos has ushered
in a new generation of clinical trial management software that
supports clinical research from the inside out. “Most Electronic
Data Capture systems support the tail end of the research process —
submission of data to sponsors — which is generally less than 20% of
the elapsed time in a clinical trial,” notes John McIlwain,
President of Velos. “Velos supports researchers in every stage of
the research process. This enables investigators and sponsors to
leverage systems that are actually used by investigators and their
staff in their daily work. The system architecture and functional
capabilities needed to support this paradigm shift in clinical trial
automation differ significantly from systems that support the
one-off, study-by-study approach that’s more common today. With
Velos, investigators have a single system platform to manage all
their clinical research.”
New Velos customers include some of
the most prestigious healthcare providers and research institutions
in the United States:
Baylor College of Medicine
Cleveland Clinic Foundation
The Sidney Kimmel Comprehensive Cancer Center at Johns Hopkins
Memorial Sloan-Kettering Cancer Center
University of California San Francisco Comprehensive Cancer
Center
University of Michigan Comprehensive Cancer
Center.
“There is a tremendous amount of work duplication in
clinical research. Today, it’s safe to say that almost all
information gathered for research is duplicated once, twice, and
even three or more times,” says Priti Sahai, M.D., Senior Director,
Velos eResearch. “This is particularly true for most forms of
sponsored research. This work duplication is not just inefficient,
it also introduces safety and quality issues and certainly impacts
study turnaround time. Velos customers are attacking these
inefficiencies in a host of areas.”
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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