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DTRK - DATATRAK International Inc News Story

$8.1 -0.7  -7.4%

Last Trade - 21/01/22

Sector
Technology
Size
Micro Cap
Market Cap £15.6m
Enterprise Value £15.3m
Revenue £5.41m
Position in Universe 6581st / 7395

Datatrak International, Inc. and RadMD Partner to Provide End to End Medical Imaging Solution

Tue 29th September, 2020 4:00pm
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CLEVELAND, OH, Sept. 29, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire
(https://www.globenewswire.com/Tracker?data=4yk0dZk0dr6dyWBhcEOD6vDv_UhmdLF5H7eyJgDgdVF6t2eohAVOmWbEC12NSGMlSiSDxZcysqsG4NT7ik8m5Yqwyym2JqCefoLK4UH7T0M=) --Datatrak
International, Inc. (OTC Markets: DTRK), a worldwide Software-as-a-Service
(“SaaS”) provider and innovation leader of cloud-based technologies for
the life sciences industry, announces a new partnership with RadMD to leverage
their professional services and enable their global network of radiologists
with direct access to medical image assessments within a SaaS platform.

The Datatrak Enterprise Cloud Platform significantly reduces the time and cost
of image assessments in clinical trials by eliminating the need for
integrating redundant systems. Adhering to FDA guidance for image upload and
centralized assessment, the platform was built to provide fast results. The
intrinsic efficiencies make it more cost and time effective, enabling sponsors
to make “live” go or no go decisions especially in early stage clinical
trials. 

Datatrak is the first to automate Endpoint Adjudication and Picture Archiving
and Communications processes within EDC as the last mile toward FDA approval
submission. “The ability to automate remote image capture, PHI
anonymization, image evaluation and endpoint adjudication, and provide eCRF
data entry for AI data analytics meets the growing demands for imaging in
clinical trials,” said Scott DeMell, VP Sales at Datatrak.

“Our partnership with RadMD provides a global network of radiologists, with
subspecialty therapeutic expertise, to design imaging strategies, interpret
image reads, and perform adjudication reviews,” said Jim Bob Ward, CEO at
Datatrak. “Performing these actions within our platform provides our
clients’ higher quality of data standards and quicker visibility into
imaging results. Group that with our ability to centralize all trial data and
provide client-driven analytics, we are providing unprecedented visibility to
make more informed and swift decisions.” 

“We look forward to partnering with Datatrak to support clients on
independent image reviews with their leading edge platform and
technologies,” said Kohkan Shamsi, MD, PhD, Co-founder and Principal at
RadMD.  “Datatrak has a long track record in providing high quality SaaS
tools, and the addition of imaging to their offering is truly exciting.”

To learn more about Datatrak Medical Imaging Capture
visit: https://bit.ly/2S5UZYa

About Datatrak International, Inc.:

Datatrak International is a worldwide technology and services company
delivering unified eClinical solutions and related services for the clinical
trials industry. Datatrak built its multi-component, comprehensive solution on
a single, unified platform. The Company delivers a complete portfolio of
software products designed to accelerate the reporting of clinical research
data from sites to sponsors and ultimately regulatory authorities, faster and
more efficiently than loosely integrated technologies. The Datatrak software
solution, deployed worldwide through an ASP or Enterprise Transfer offering,
supports Pre-clinical, Phase I – Phase IV drug, device and diagnostic
studies in multiple languages throughout the world.

The Datatrak Enterprise Cloud includes the following products: Business
Intelligence, CTMS, Trial Design, Electronic Data Capture (EDC), Medical
Coding, Risk-Based Monitoring, ECG Data Capture, Image Data Capture, Endpoint
Adjudication, Randomization, Clinical Supply Inventory, eConsent, ePRO, and
eCOA.

About RadMD: 

RadMD is an expertise based image management service organization that
provides consulting, training, and independent imaging services to
pharmaceutical, biotechnology, and medical device companies. RadMD has
designed and created imaging endpoints and performed image reviews and
analysis for >600 studies by largest pool of independent readers. RadMD has
also and trained >1,000 sites to optimize image assessment.

Jordan Regula
440-443-0082 x110
jordan.regula@datatrak.com

(https://www.globenewswire.com/NewsRoom/AttachmentNg/77ebd7c6-0c15-4bb2-8f1e-310034cfeea6)



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