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UBC acquires Cognitive Drug Research

Published on September 11, 2009 at 12:53 AM · 1 Comment

United BioSource Corporation (UBC) today announced the acquisition of Cognitive Drug Research, Ltd. (CDR), the leader in computerized cognitive testing for clinical trials. The CDR System is the most widely used computerized cognitive testing system in the world: it is used in more than 1000 trials encompassing approximately 50 different disease areas, validated in over 60 languages, and cited in more than 700 publications and abstracts. Additionally, CDR maintains the industry’s largest healthy subject, patient, and drug databases of cognitive effects, providing the standard for establishing the clinical relevance of compounds.

Computerized cognitive testing facilitates standardized administration, measurement precision, and the reliability of cognitive endpoints. Importantly, it enables the assessment of major aspects of cognitive function that are otherwise overlooked by traditional methods. The CDR System has demonstrated unparalleled sensitivity to cognitive enhancements as well as to impairments in a broad range of disorders. Increased sensitivity translates into significant cost savings as fewer study subjects are required to reach statistical significance.

“Our experience with both computerized cognitive testing and the measurement of clinician- and patient-reported outcomes has reinforced the need for a fully integrated solution to reliably assess cognitive function,” said Catherine Spear, Sr. Vice President at UBC. “CDR offers a solution no one else in the industry can provide; more than 20 years of clinical trial experience together with the largest, most comprehensive cognitive effects database encompassing tens of thousands of patients.”

Comments
  1. Anonymous Anonymous United States says:

    Unfortunately, this article has failed to mention that this take over involved laying off over 90% of the US workforce and over 50% of the UK workforce for CDR.  Thus contributing to the recent increase in unemployed individuals and the economic downturn.  It's important to keep in mind that while this was a great opportunity for UBC to take on CDR, many people's lives were affected negatively.

The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News-Medical.Net.



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