PHT Corporation

PHT Corporation was a specialized software company focused on the clinical trial market, founded in 1994 by Steve Raymond. The firm established itself as a key provider of electronic Clinical Outcome Assessment (eCOA) systems, designed to help pharmaceutical companies and contract research organizations (CROs) conduct clinical studies with greater accuracy. Its core business involved capturing patient-reported data through mobile apps and web platforms, which allowed for real-time data collection from trial participants. This data was then made available to sponsors and clinicians via the StudyWorks™ online portal, offering immediate insights into how patients felt and functioned during a clinical trial.

The company's main product was its Patient Suite, an electronic system for collecting and reporting secure, real-time patient data from various mobile devices. A notable feature was the patented "Time Travel" technology within its LogPad system, which allowed researchers to simulate the passage of time to test and demonstrate the e-diary's functionality over the full course of a study protocol, improving efficiency and training. This technology supported sponsors and CROs in over 750 trials, contributing to 22 regulatory approvals by early 2015. The business model centered on providing these technology solutions and services to a client base that included small to large biopharmaceutical companies and CROs.

In a significant strategic move, PHT Corporation was acquired by ERT (eResearchTechnology, Inc.) in a deal announced in February 2015 and completed in May 2015. This merger combined PHT's flexible eCOA platform with ERT's broader suite of clinical trial technologies, including cardiac safety and respiratory services, creating a more comprehensive solution for patient endpoint data collection. The combined entity continued to serve a global market across all phases of clinical research. Subsequently, in 2021, ERT merged with Bioclinica, a leader in medical imaging, and the new, combined company was renamed Clario, positioning itself as a major global player in clinical trial endpoint technology.

Keywords: PHT Corporation, Steve Raymond, electronic Clinical Outcome Assessment, eCOA, patient-reported outcomes, clinical trial technology, StudyWorks, LogPad, ERT acquisition, Clario, clinical data collection, pharmaceutical services, CRO services, mobile health, ePRO, clinical trial data management, patient-centric data, real-time patient data, eDiary, clinical research solutions