Phase Forward, the US specialist in integrated data management for clinical trials and drug safety tracking, has set up a wholly owned subsidiary in Hyderabad, India.
The subsidiary, Phase Forward Software Services India Private Limited, will be located within the existing Hyderabad facilities of Virtusa Corporation, a US-based information technology services company that Phase Forward has already partnered on several projects.
Phase Forward cited its “long and successful” track record in the Indian market, having worked with a number of partners and sponsors in the region over the last seven years supporting several hundred hosted clinical trials.
The new subsidiary leverages the company’s “highly successful” model of staffing global projects with in-country and external resources, it noted. Senior technical resources have been relocated to India, with overall leadership from Steve Powell, Phase Forward’s senior vice-president of worldwide sales.
“The Indian market is strategic to Phase Forward’s continued growth,” commented Phase president and chief executive officer 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.”
