News Column

DATATRAK International, Inc. Reports First Quarter Results of 2014

May 26, 2014



By a News Reporter-Staff News Editor at Clinical Trials Week -- DATATRAK International, Inc. (OTCQX: DTRK), the leader in developing cloud-based, unified eClinical() technologies and delivering related services for the clinical trials industry, announced its operating results for the first quarter of 2014 (see also Datatrak International, Inc.).

"The benefits of our unified eClinical() platform are resonating with clients, who realize additional time and cost savings when using multiple products. The first quarter confirms the value of our unified platform with every client requesting two or more products," said Laurence P. Birch, Chairman and CEO, DATATRAK.

"In fact, 50% of Q1 2014 contracts include 3 or more products," continued Birch. "Due to the growth in demand for our products and services, we are funding pivotal investments in sales and marketing capabilities. These investments are self-funding, due to the high gross profit margin DATATRAK maintains as a direct result of our unified architecture."

Powered by the DATATRAKONE() unified platform, clients are realizing the benefits made possible by a unified experience. Eliminating the need to migrate data and implementing mid-study changes while supporting continued work in the trial are among the benefits that deliver greater efficiency to our clients.

"As the industry seeks solutions to optimize their investment in clinical trials, they are realizing our unified experience and unparalleled customer care deliver on that promise better than anyone else," Birch concluded.

The DATATRAKONE() platform delivers the unified experience and is the technical infrastructure that powers all DATATRAK products, which can be used in any combination. The inherent strength of DATATRAK products is the intrinsic connectivity to the platform, providing a single data source, a single sign-on and a single user-friendly interface, greatly reducing clinical trial complexities.

Keywords for this news article include: Datatrak International Inc, Clinical Trials and Studies.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2014, NewsRx LLC


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Clinical Trials Week


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters