PHT Corp.

PHT Corp.'s all-electronic data collection systems, the PlexxNet Patient LogPads and PlexxNet Investigator LogPads,are designed to collect, transmit and manage trial data. They unite researchers, trial study subjects, and clinical data in real time via the web site, enabling drug sponsors and contract research organizations (CROs) to view the trial information of different test sites instantaneously and from any place in the world.

The front-end of the clinical trial data collection process is known for its cumbersome characteristics: large paper volume, completed in quickly-penned, difficult- to-decipher handwriting, fraught with transcription errors—time-consuming all around. Industry observers say a paper-based process can add 12 to 15 weeks to the trial time with each day's delay often worth $1 million or more in lost revenue.

Privately-held PHT Corp. addressed these problems with a product that recognizes what the FDA has called for in its...

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