July 9, 2007
Drug Accountability Solution Wins Global Best New Product Award
ClinPhone has received a prestigious International Stevie Award in the fourth annual International Business Awards. The award for Best New Product or Service was given for ClinPhone’s drug accountability solution. The Stevie Awards were created to honor and generate public recognition of the efforts, accomplishments and positive contributions of companies and business people worldwide and have been hailed as “the business world’s own Oscars” by the New York Post.  ClinPhone's drug accountability solution has also been named a finalist in the equivalent American Business Awards.ClinPhone Drug Accountability is a web-based solution that enables centralized management of the entire clinical trial supply chain. When combined with ClinPhone Trial Supply Management, it allows sponsors, sites and depots to manage drug accountability, reconciliation, returns and destruction activities. ClinPhone Drug Accountability is the first application of its kind providing full electronic management and visibility of the clinical trial supply chain, complete with end-to-end documentation detailing the complete lifecycle of every medication pack produced for a clinical trial.  Clinical trial regulations require that all investigational drugs are accurately accounted for and reconciled from start to finish. ClinPhone Drug Accountability helps pharmaceutical sponsors to effectively comply with the requirements and demonstrate a full chain of custody for every medication unit from the moment it leaves the depot, to patient dispensation and finally confirmation of destruction.Dr. Bill Byrom, vice president, product management, comments: “We introduced ClinPhone Drug Accountability in 2006 as a direct response to a market need for more rigorous drug accountability processes.  Since the launch, this solution is now successfully supporting many clinical trials around the world, helping sponsors eliminate previous discrepancies and consolidate the data from site, depot and destruction facility records.  This prestigious accolade not only recognizes that achievement but demonstrates ClinPhone’s dedication to providing innovative and reliable technology solutions for today’s and tomorrow’s clinical trials.”ClinPhone was selected for this award from more than 1,000 other nominees in over 30 different countries including Belgium, China, the Czech Republic, Denmark, France, Singapore, South Africa, Switzerland, The Netherlands and the U.S.A.