Covance Xcellerate Wins Best Technological Development in Clinical Trials

12/9/18

BURLINGTON, N.C.--(BUSINESS WIRE)--LabCorp® (NYSE: LH), a leading global life sciences company, today announced that its Covance Drug Development (Covance) business was awarded Best Technological Development in Clinical Trials (Clinical Sponsor-Focused) at the 14th Annual Scrip Awards for its Xcellerate® Clinical Research Associate (CRA) Dashboard. The dashboard is an innovative mobile and web-enabled application, which is part of Covance’s Xcellerate Monitoring solution.

“The Xcellerate CRA Dashboard is a game changer,” said John Ratliff, CEO, Covance. “This powerful solution integrates all relevant clinical trial data to provide meaningful insights across all sites. With the dashboard, CRAs have access to all the information they need to perform their site monitoring activities in an informed, efficient and effective manner, thus protecting patient safety of keeping trials on track.”

The Xcellerate CRA Dashboard is an integral part of Covance’s Xcellerate Monitoring informatics solution, as well as the clinical oversight process in general. The dashboard provides visibility into site-level metrics, issues and trends, and supports clinical monitoring strategies based on risk-based monitoring principles, including the latest ICH GCP E6 (R2) guidance. It provides essential information and insights to enable proactive risk mitigation, such as metrics related to patient enrollment, trip report compliance, query and issue aging, and protocol deviations. The dashboard also serves as a link between clinical study teams and investigative research sites, facilitating collaboration and streamlining communication with site partners.

The Scrip Awards, presented by Informa Pharma Intelligence, acknowledge and commend the pharmaceutical sector’s stand-out performers across all areas of the industry, recognizing both corporate and individual achievements. Its Best Technological Development in Clinical Trials recognizes the promising and disruptive role that digital health technology now plays in clinical drug development. The award highlights the vital importance of using the most sophisticated platforms to catalyze and optimize data gathered during clinical trials.

Informa Pharma Intelligence’s Global Head of Content, Mike Ward, said: "Year after year it has become increasingly important for us to take a step back and recognize the exceptional accomplishments of both companies and individuals driving the pharmaceutical industry forward. Tasked with the challenge of improving global health, R&D innovation this past year has driven more activity in the sector than ever before. The quality of the entries this year was outstanding and we’re looking forward to seeing this momentum continue in the year to come.”

About LabCorp

LabCorp (NYSE: LH), an S&P 500 company, is a leading global life sciences company that is deeply integrated in guiding patient care, providing comprehensive clinical laboratory and end-to-end drug development services. With a mission to improve health and improve lives, LabCorp delivers world-class diagnostic solutions, brings innovative medicines to patients faster, and uses technology to improve the delivery of care. LabCorp reported net revenues of more than $10 billion for 2017. To learn more about LabCorp, visit www.LabCorp.com, and to learn more about Covance Drug Development, visit www.Covance.com.

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