Octagon Research Solutions, Inc. Named Emerging Life Sciences Company of the Year
Award Presented by Greater Philadelphia Alliance for Capital and Technologies at Organization's Annual Event
WAYNE, Pa.--(BUSINESS WIRE)--May 7, 2012 - Octagon Research Solutions, Inc. (Octagon), the leader in transforming clinical R&D through an integrated suite of regulatory, clinical, process and technology solutions, announced today that it has been named Emerging Life Sciences Company of the Year by the Greater Philadelphia Alliance for Capital and Technologies (PACT) at its annual Enterprise Awards Gala, held on May 3, 2012. The award honors growing companies in the region's life sciences industry that demonstrate clear, measurable growth and success during 2011.
“We are honored to receive this recognized award, and I am equally proud of the Octagon team's unparalleled focus on our customers as well as their proven expertise in bringing new efficiencies to the clinical and regulatory information landscape,” said James C. Walker, chairman and chief executive officer of Octagon Research Solutions, Inc. “By adding more than 100 new employees globally and expanding our operations in three countries, Octagon is well positioned to be the market leader in streamlining clinical R&D processes through our integrated suite of technology solutions, outsourcing options and consulting services.” Mr. Walker was also named Technology CEO of the Year by PACT in 2011.
Octagon has been an integral part of the greater Philadelphia life sciences community since 1999, and has made a significant contribution to the regional economy by creating more than 300 high-wage jobs at its global headquarters in Wayne, Pennsylvania. By taking a holistic view of the clinical R&D process, Octagon has been able to develop a suite of regulatory, clinical, consulting and technology solutions that reduce rework and positively impact the race to market. The company's growth has been guided by the strategic planning by Octagon's executive leadership team and has been driven by the company's clinical data and regulatory subject matter experts.
Octagon works with 350 client companies of all sizes on three continents, including forty of the top fifty global pharmaceutical companies. Octagon's subject matter experts are frequent industry speakers, and are contributors to various key associations and standards organizations, including the Clinical Data Interchange Standards Consortium (CDISC), the Drug Information Association (DIA) and The Organisation for Professionals in Regulatory Affairs (TOPRA).
“Octagon is a prime example of the numerous organizations that have significantly impacted the Greater Philadelphia regional economy by continuing to create jobs and advance technological development,” said Dean Miller, President and CEO of PACT. “I am pleased that the PACT Enterprise Awards have become a rallying point for the many inventive companies and emerging leaders that call our region home.”
The Annual PACT Enterprise Awards are one of the region's most prestigious business honors for technology and life sciences companies, leaders and entrepreneurs. Attracting more than 1,200 prominent business leaders, the Enterprise Awards celebrates achievement, innovation and success in the Greater Philadelphia region.
About Octagon Research Solutions, Inc.
Octagon is the industry leader in transforming clinical R&D through an integrated suite of regulatory, clinical, process and technology solutions. With a foundation in data standards and advanced technology, Octagon's eCTD and CDISC-enabled solutions provide all of the resources required to optimize drug development from data collection to submission. Octagon's unique combination of deep domain knowledge, cross-functional electronic submission expertise and holistic process approach utilizing integrated solutions, set us apart as we serve more than 350 clients on three continents. Our global headquarters are in Wayne, Pennsylvania with additional US offices in Mountain View, California. Octagon also has European offices based in London, UK, and Asia-Pacific offices in Bangalore, India. For more information, visit www.octagonresearch.com.
Contact: Octagon Research Solutions, Inc.
Senior Director, Global Marketing
610-535-6500 x. 5507
Posted: May 2012