Mumbai, India - Sep 13, 2005

Clininvent Research Implements Oracle Clinical To Drive Project Efficiencies and Improve Business Prospects

Clininvent Research Pvt Ltd, a TCG Lifescience company which is part of the New York-based Purnendu Chatterjee Group and a full-fledged contract research organisation providing comprehensive services for complete clinical trial management, has implemented Oracle Clinical software for faster and more accurate data management. This will help Clininvent to achieve greater efficiencies and reduce costs of clinical trials.

organisations which manage clinical research such as Clininvent Research, need to maintain extensive and tight control over their investigative processes and quality checks. They also have to ensure that the data is standardized in accordance with global regulatory requirements. Clininvent has opted for Oracle Clinical to help improve operational efficiency, expedite multinational regulatory approval processes and reduce cycle times of critical clinical trial processes.

“The implementation of Oracle Clinical is a strategic initiative on our part to leverage our data management team’s IT capabilities and to offer our international sponsors high quality data management. ” said Dr. Arun Bhatt, President, Clininvent Research Pvt. Ltd. “We decided on Oracle over other competing solutions as Oracle software is not only adopted universally, it is also 21 CFR Part 11 compliant, globally recognised and well supported by easy access to training.”

Following its successful implementation and validation of Oracle Clinical, Clininvent has adequate infrastructure to compete with world-class clinical research organisations in the field of Clinical Data Management effectively. Besides, it has helped the company in creating a faster data management solution process, which improves time lines and optimizes the cost of the clinical trial.

Oracle Clinical is a powerful, comprehensive clinical data management solution which allows companies to standardize and control data definitions and data usage across global operation, ensuring that data is defined, managed, and interpreted consistently worldwide. This expedites the multinational regulatory approval process and reduces cycle times in critical clinical trial processes, thereby accelerating time to market for new products.

Oracle Clinical is the heart of an integrated suite of applications supporting the clinical research process. The suite also includes Remote Data Capture for entering and managing data from the investigative site, Thesaurus Management System for classifying investigator terms against medical dictionaries, and the Adverse Event Reporting System for managing product safety.

Oracle Clinical is a part of Oracle’s suite of applications products – Oracle E-Business Suite. Oracle has more than 400 applications customers in India. Oracle applications customers in India span major industries including telecommunications, banking, insurance, manufacturing and utilities across the government and private sectors.

About Clininvent Research

Clininvent Research Pvt Ltd is a full-fledged Contract Research Organisation which provides comprehensive services for complete clinical trial and data management. It maximises customer value by carrying out international quality research in quality hospitals in India at a competitive cost. Clininvent is managed by a team of clinical research professionals who have experience of organising clinical trials for international pharmaceutical companies in India. ClinInvent, a TCG Lifesciences company, is part of the New York-based The Chatterjee Group. The strategic growth areas for the Chatterjee Group in India include Life Sciences, Information Technology, Hydrocarbons and Infrastructure.

About Oracle India

Oracle India Private Ltd., a subsidiary of Oracle Corporation, the world’s largest enterprise software company, has been operating in India for 12 years. Oracle was one of the first international software companies to set up an India Development Center in 1994. Today, Oracle’s two India Development Centers, at Bangalore and Hyderabad, work closely with Oracle’s global software development team, headquartered at Redwood Shores, California, on the entire Oracle product family. India is also a hub for several of Oracle’s global support, consulting and financial services operations. Through its offices in Delhi, Bangalore, Kolkata, Chennai, Hyderabad, Mumbai, and Gurgaon, and an extensive network of more than 200 channel and alliance partners under the Oracle PartnerNetwork, Oracle India markets the complete range of Oracle products and services across India. Oracle products are supported on 13 major Indian languages. Oracle India has more than 6400 customers in the telecommunications, banking, insuranc e, manufacturing and utilities industries, across the government and private sectors. Oracle is a major partner for E-Governance initiatives of Central and State Government bodies in India. Oracle has the Oracle-HP E-Governance Centre of Excellence located at its head office in Gurgaon, near New Delhi.