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BioClinica Announces Record eClinical Growth in 2014

– New Customers and Enhanced Product Offerings Increase Sales by 51 Percent –

February 6, 2015

BioClinica®, Inc., a specialty clinical trials services and technology provider, today announced that 2014 was a record year for its eClinical technologies business unit, with sales soaring 51 percent above the previous year. BioClinica's continuing growth is on trend with industry analysts' projections that the eClinical market will reach $6.5 billion by 2020.

Contracts inked with 25 new clients in 2014 expands BioClinica's eClinical base to more than 150 active customers. Forty percent of these organizations chose multiple BioClinica products to maximize efficiencies in their clinical trials.

"In addition to first-time clients, many existing customers expanded their use to multiple products," said John Hubbard, CEO of BioClinica. "As the pharma and biotech industry retire outdated legacy systems, they are being replaced with BioClinica's superior alternatives which will serve them well into the future."

BioClinica's customer-centric focus and robust product lineup resulted in a sharp increase in multi-year, multi-million dollar licensing deals where companies are standardizing on BioClinica, including its Express Electronic Data Capture (EDC) solution. These agreements allow for unlimited use of Express EDC for significant efficiencies and costs-savings in the clinical trial process.

Last year BioClinica introduced several important technology advances including Compass, the "Intelligent Monitoring" solution. Compass enables sponsors to put under-utilized clinical data to work and realize tangible benefits from risk-based monitoring. Compass is being adopted by several clients to help raise overall clinical trial quality while lowering risks and monitoring costs. Compass co-developer Trevor McCaw will speak on the topic Risk-Based Monitoring Enabling Technology: Analytics with Action at the upcoming SCOPE Summit for Clinical Operations Executives.

Also in 2014, BioClinica entered into a technology transfer arrangement for Trident Interactive Response Technology (IRT) with a top ten pharma company. Trident provides patient randomization and drug dispensation and it empowers clinical trial sponsors to configure their own studies in a rapid manner. This technology was also the preferred IRT solution for several organizations within BioClinica's CRO Partner Program.

Another milestone in 2014 was the expansion of BioClinica's Optimizer clinical supply forecasting and management tool into the Optimizer Enterprise Suite, broadening use for organizations of any size interested in optimizing their supply chains. BioClinica penned new enterprise agreements for the product with three top life sciences companies in the fourth quarter alone.

To request a meeting with BioClinica to learn more about its eClinical Solutions or to schedule a product demonstration, call the hotline at 1-888-392-7456, email sales@bioclinica.com or complete the online Contact Us form. Follow BioClinica on the Trial Blazers blog at http://www.bioclinica.com/blog, and on Twitter at http://twitter.com/bioclinica.

About Bioclinica

Bioclinica is a global life science provider that utilizes science and technology to bring clarity to clinical trials – helping companies to develop new life-improving therapies more efficiently and safely. Successful clinical trials require the ability to see key details and uncover hidden insights, and Bioclinica's hundreds of experienced scientific, medical, and domain experts bring unmatched insight across the development lifecycle, from the initial protocol to post-approval. The company's cloud-based offerings include medical imaging and cardiac safety services; clinical adjudication; randomization and trial supply management and optimization; electronic and eSource data capture; site and patient payments and budget forecasting; pharmacovigilance; trial management; and risk-based monitoring solutions. A true multifaceted partner to trial sponsors and Contract Research Organizations (CROs), Bioclinica offers a global network of research sites and patient recruitment services to provide committed, detail-focused service through all stages of drug development. The company's thousands of employees serve more than 400 pharmaceutical, biotechnology and device organizations – including all the top 20 biopharmaceutical companies and leading CROs – through a network of offices in the U.S., Europe, and Asia.

Learn more about Bioclinica and our Clinical Adjudication and other offerings at www.Bioclinica.com and in the Bioclinica Blog. Follow the latest company news and happenings on LinkedIn and Twitter.

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Successful clinical trials require the ability to see key details and uncover hidden insights. Bioclinica utilizes science and technology to bring clarity to clinical trials, helping companies to develop new life-improving therapies more efficiently and safely.

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