Phase Forward sets up own subsid in India

Phase Forward, a USA-based provider of data management solutions for clinical trials and drug safety, has announced the establishment of a wholly-owned subsidiary, Phase Forward Software Services India, based in Hyderabad. In building this affiliate, Phase Forward will be working with current partner Virtusa Corp, a global information technology services company. The US firm's Hyderabad center will be situated within Virtusa's facilities.

Phase Forward has a long and successful track record in the Indian market, having worked with several partners and sponsors in the region for the last seven years to support several hundred hosted clinical trials. "The Indian market is strategic to Phase Forward's continued growth," said the firm's chief executive Bob Weiler. "The formation of a Phase Forward subsidiary in India is a natural extension of our long-established strategy to give our customers access to the most advantageous and cost-effective mix of offshore and onshore resources available. Since India is such a high-growth area for the biopharma services industry, we wanted to expand our commitment to the region by adding our own employees to our partner resources in the region," he added.