Tuesday, March 2, 2010

“Praxis to provide patient recruitment services for international type 2 diabetes study (News-Medical-Net)” plus 3 more

“Praxis to provide patient recruitment services for international type 2 diabetes study (News-Medical-Net)” plus 3 more

Praxis to provide patient recruitment services for international type 2 diabetes study (News-Medical-Net)

Posted: 02 Mar 2010 12:34 AM PST

Praxis, a company specializing in centralized patient recruitment for clinical research studies, will provide patient recruitment services to a top 20 pharmaceutical company for an international study on type 2 diabetes. The study explores an investigational drug's effectiveness for maintaining glycemic control for individuals newly diagnosed with type 2 diabetes.

"With so many competing treatment options for individuals with type 2 diabetes, a well thought out and strategic recruitment effort was clearly needed to ensure a timely enrollment. We look forward to seeing this trial through to success."

There are currently an estimated 171 million individuals worldwide with a diagnosis of type 2 diabetes and that number is expected to grow. These statistics only highlight the need for new compounds and forms of treatment for type 2 diabetes and explains why metabolic disorders fall within the top 5 therapeutic areas currently of being studied.

"Praxis' historical successes in recruiting for type 2 diabetes made the opportunity to be a part of this study even more exciting," said Praxis President and CEO, David Fox. "With so many competing treatment options for individuals with type 2 diabetes, a well thought out and strategic recruitment effort was clearly needed to ensure a timely enrollment. We look forward to seeing this trial through to success."

A full complement of marketing and communications tools will be implemented in the U.S. and five other participating countries, based on strategic predictive modeling data from PraxisDirect, Praxis' real-time study management software.

SOURCE Praxis Communications, Inc.

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Praxis Awarded Patient Recruitment Contract For International Type 2 Diabetes Study (Business Wire via Yahoo! Finance)

Posted: 01 Mar 2010 12:59 PM PST

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Praxis, a company specializing in centralized patient recruitment for clinical research studies, will provide patient recruitment services to a top 20 pharmaceutical company for an international study on type 2 diabetes. The study explores an investigational drug's effectiveness for maintaining glycemic control for individuals newly diagnosed with type 2 diabetes.

There are currently an estimated 171 million individuals worldwide with a diagnosis of type 2 diabetes and that number is expected to grow. These statistics only highlight the need for new compounds and forms of treatment for type 2 diabetes and explains why metabolic disorders fall within the top 5 therapeutic areas currently of being studied.

"Praxis' historical successes in recruiting for type 2 diabetes made the opportunity to be a part of this study even more exciting," said Praxis President and CEO, David Fox. "With so many competing treatment options for individuals with type 2 diabetes, a well thought out and strategic recruitment effort was clearly needed to ensure a timely enrollment. We look forward to seeing this trial through to success."

A full complement of marketing and communications tools will be implemented in the U.S. and five other participating countries, based on strategic predictive modeling data from PraxisDirect, Praxis' real-time study management software.

Praxis Communications, Inc., headquartered in Brentwood, Tenn., provides the pharmaceutical and biotech industries with a wide range of global services for patient recruitment and retention for clinical trials including patient profiling, recruitment planning, centralized fulfillment, media relations, advertising, and program management. For more information, call Praxis at (615) 312-8207 or visit www.GoPraxis.com.

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

Ideas International Limited (IDEAS) Reports 76% Increase in Profit After Tax (Business Wire via Yahoo! Finance)

Posted: 01 Mar 2010 11:32 PM PST

SYDNEY--(BUSINESS WIRE)--Ideas International (ASX:IDE), the leading global supplier of actionable comparative intelligence on enterprise IT infrastructure, today released its 2009 full-year results.

"We are pleased to present profit after tax of $997k for the year to 31 December 2009. In addition we have increased our working capital by 62% to over $3.2 million and have increased total income by 1.2% to $6.945 million," said Stephen Bowhill, CEO. "The earnings result is ahead of the upper end of previous guidance and 76% ahead of the restated result (1) from 2008. Given the overall difficult economic conditions for 2009 we are very pleased with this result. Additionally, the group was cash flow positive for the year, with net cash provided by operating activities of just over $1.0 million, and we expect the small amount of bank debt we have remaining to be repaid as planned in November 2010.

"We continue to see strong interest in our services from major IT infrastructure vendors and we have signed a few newer, smaller storage providers to our client list. Additionally we are winning new clients globally for the Server CAR consolidation service, a modelling tool for developing a business case for server consolidation studies. We expect to see increased interest in this service in 2010 and hope that our distribution deal with Current Analysis in the USA will show signs of success in distributing Server CAR and Competitive Profiles."

"We are now building strong online platform services with the Server CAR and the new modules for inventory import that we added late last year, and given the potentially scalable nature of Software-as-a-Service (SaaS) businesses with their low-cost of deployment we expect to be able to deliver a similar profit number in 2010," said Bowhill. "We look forward to advising our investors at the AGM of the potential growth in our client base, any successes from our distribution arrangement with Current Analysis and the advancement of our product strategy particularly with regard to green IT, IT efficiency, business partners and end user corporate clients."

Abridged financial statements ($ AU)

Income Statement to 31 December 2009 (Abridged)      
Revenue & other income 6,944,580 6,860,033
Operating & other expenses (5,623,718) (6,023,828)
Profit before income tax 1,320,862 836,505
Income tax expense (323,573) (269,913)
Profit after tax 997,289 566,592
Earnings per share (cents) 7.8 4.4
 
Balance Sheet at 31 December 2009 (Abridged)     31 Dec 2009
$ 		 
Assets
Cash and cash equivalents 1,782,287 1,004,305
Trade and other receivables 2,406,128 2,265,497
Other assets 568,374 406,232
Deferred tax assets 551,238 923,900
Intangible assets 2,348,933 2,348,933
Total Assets 7,656,960 6,948,867
Liabilities
Trade and other payables 670,096 991,240
Borrowings 118,711 235,957
Revenue received in advance 3,187,435 3,067,905
Other liabilities 567,317 427,040
Total Liabilities 4,543,559 4,722,142
Equity
Issued capital 2,756,462 2,756,462
Share options reserve 153,889 113,150
Accumulated losses & reserves 203,050 (642,887)
Total Equity 3,113,401 2,226,725
 

(1) Restatement 2008

Terms and conditions of IDEAS customer contracts have changed over time which has resulted in some subscription license contracts being incorrectly recognised up-front in prior periods. Adjustments have been made to correct the amounts recognised as at 31 December 2008. This error had the effect of a $255,390 overstatement of revenue and $255,390 understatement of deferred revenue, a $105,792 understatement of deferred tax assets and overstatement of income tax expense of the same amount, and an overstatement of retained earnings of $149,598 as at 31 December 2008.

www.ideasinternational.com

Forward-Looking Statements:

This press release contains forward-looking statements including expectations for Ideas International's 2010 full year fiscal performance and profit after tax improvements as well as reference to global regulations regarding carbon output and interest in related Ideas International products and services, that involve known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied in this press release. Any statement not a statement of historical fact is a forward-looking statement, including without limitation statements concerning demand for and benefits of Ideas International products and integration of its products with existing solutions. Actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors. Ideas International takes no responsibility to update any forward-looking statements.

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

B-school review: Delhi School of Prof Studies (rediff.com)

Posted: 01 Mar 2010 04:33 AM PST

Nitin Jindal

Earlier this month Careers360 issued the top 50 B-school rankings in the country. The magazine also reviewed 25 institutes, along with vital information students should be aware of when choosing their B-school.

Today we feature Delhi School of Professional Studies and Research, New Delhi and its courses.

Usually, B-schools begin with a lot of pomp and show. But DSPSR began in 1999, with a meditation session," says Dr Ajay Kumar Singh, president, with a hint of pride. The details of the school's academic activities come in slow and sparsely. As an initiative of the "Divine" group, we see more emphasis on "spiritual enhancement." A calendar of "Shri Shri" Ravi Shankar adorns his room, and all students mediate compulsorily for 15 minutes every day, during the Personal Contact Forum class.

DSPSR was launched with a BBA programme. The MBA programme affiliated to the IP University commenced in 2004 and was replaced by the AICTE-approved PGDM programme in 2008, which has the flexibility to modify and develop its course and curriculum.

Though the institute claims to offer six areas of specialisation including Retail, Global Business & IT Management, we could find students specialising only in Finance, Marketing and Human Resources in the graduating batch.

The summer training project happens after the end of the second semester and the institute uses cases as well as role plays to teach. With some faculties taking on as many as 15-16 lectures a week, their efficacy remains circumspect.

Other reviews:


Photographs: Rajesh Thakur/Outlook Group

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.
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