BNET Industries
Last Fiscal Year Sales:$17.5M
- Private
- US
Dow Jones Description
As a world-class provider of clinical trial software and professional services to pharmaceutical and biotechnology companies, Fast Track Systems, Inc., provides a true competitive edge in the clinical development process. Whether authoring protocols; planning, negotiating, or managing trial budgets; seeking to drastically reduce trial cycle times; and/or needing to maintain strict fiscal responsibility, Fast Track has a customized solution to fit your needs. Fast Track's TrialSpace suite of products drive more robust and cost-effective clinical results by solving problems associated with trial design, review and start-up activities at the earliest stages of the clinical development process. Fast Track's global cost and procedure benchmarking databases; drawn from over 240,000 negotiated investigator agreements, 25,000 finalized protocols and 3,000 CRO contracts, have been the most relevant industry resource for over 14 years. Over 50 of the top pharmaceutical and biotech companies rely on our products and services to enable clinical researchers, finance staff and medical management to efficiently collaborate in making informed decisions that influence the execution of the final clinical plan.
Chief Technology Officer
Peter AbramowitschNumber of Employees 34
Contact Information
227 Washington St Ste 310
Conshohocken, Pennsylvania 19428
1 215 358 1400
Peer Companies
NAICS Code Computer and Software Stores: 443120
News & Analysis
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fast track systems inc. - All News and Analysis
Medidata Solutions Expands Clinical Trial Technology Offering with Acquisition of Fast Track Systems
Leading EDC Company Adds Offerings to Further Drive Efficiencies Across the Clinical Research Process NEW YORK -- Medidata Solutions, a global provider of electronic data capture EDC, management and reporting solutions, today announced the completion of its acquisition of Fast Track Systems, Inc., a provider of clinical trial planning...
Fast Track Systems Announces CDISC Team Award Recipient
Fast Track Systems, Inc., a pioneer developer of tools for clinical-trial design, collaboration and communication, is pleased to announce the recognition of its Chief Technology Officer, Peter Abramowitsch, by the Clinical Data Interchange Standards Consortium CDISC, which has recognized the efforts of Mr. Abramowitsch and his colleagues with one of...
Fast Track Systems, Inc. Finds Marked Therapeutic Area Differences in Clinical Investigator Payments
With greater scrutiny from government regulators, diverse product pipelines, and increasingly globalized clinical operations industry sponsors of clinical research face increasing challenges to determine appropriate payments for clinical research services. An in-depth analysis of investigator grants in the PICAS® database finds that the cost per patient expense for conducting...
Fast Track Systems Announces ODM Certification and Name Change for TrialSpace Designer XCP(TM) Application
Fast Track Systems, Inc., a pioneer developer of tools for clinical trial design collaboration and communication, announces successful ODM 1.0 compliance certification by CDISC of its core clinical trial design and protocol authoring tool, TrialSpace Designer XCP. The official certification means users of Designer XCP can be assured that...
Fredric Cohen, M.D. Joins Fast Track Systems as Vice President, Clinical Strategy
Fast Track Systems, a pioneer developer of tools for clinical trial design collaboration and communication, has named pharmaceutical consultant Fredric Cohen, M.D. to the newly created position of Vice President, Clinical Strategy. Dr. Cohen is a research-trained physician and a pharmaceutical industry veteran who has broad expertise in drug...
Fast Track Systems Finds Increases in Global Clinical Study Cost and Complexity
Fast Track Systems, Inc., a provider of global clinical trial cost benchmarks and study design tools, announces findings from a retrospective analysis of industry protocol design and grant spending which identified a significant increase in the cost and complexity of clinical studies throughout the world over the last five years....
Medidata Solutions Partners with Fast Track Systems to Accelerate Enterprise-Wide Deployments of Electronic Clinical Trials
Integration of Medidata Rave and Fast Track TrialSpace Designer Improves Efficiency in Clinical Study Deployment from Protocol Design to EDC Study Build NEW YORK -- Medidata Solutions, a global provider of electronic clinical data capture, management and reporting solutions, today announced its partnership with Fast Track Systems, Inc., a...
Automated EDC Setup Accomplished via CDISC ODM by Fast Track Systems and OmniComm Systems
Fast Track Systems, Inc., a leading provider of data and software tools designed to reduce cost and improve productivity within clinical trial operations, and OmniComm Systems, Inc. (OTCBB: OMCM), one of the fastest growing companies in the EDC marketplace today, demonstrated the automatic setup of OmniComm's TrialMaster® EDC solution through...
Aeris Therapeutics Signs Strategic Consulting Agreement for Fast Track Systems' Clinical Benchmark Data
Fast Track Systems, Inc., a leading provider of clinical trial information designed to reduce the cost and improve productivity within clinical trial operations, today announced that Aeris Therapeutics has entered into a consulting agreement for use of TrialSpaceTM Grants Manager® (PICAS®) to enhance its clinical trial planning and budgeting activities....
Forest Laboratories Signs Grants Manager Agreement With Fast Track Systems
Fast Track Systems, Inc., a leading provider of clinical trial software designed to reduce the cost and improve productivity within clinical trial operations, today announced that Forest Laboratories, Inc. (NYSE: FRX) has selected TrialSpaceTM Grants Manager® to assist in its global clinical trial costing activities. Using Grants Manager, Forest...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Peter Abramowitsch | Chief Technology Officer |
| Charlie Beitz | Vice President of the Trialspace Designer Business Unit |
| Frank Cattie | Vice President of Sales |
| Fredric Cohen | Vice President of Clinical Strategy |
| Lori Shields | Vice President of Operations |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Alph Bingham | Board of Directors |
| Alpheus Bingham | Board of Directors |
| Scott Minick | Board Director |
| Organization | Position | Status |
|---|---|---|
| Fast Track Systems Inc | Chief Technology Officer | Current |
Charlie is responsible for the successful launch of TSD and establishing TSD as the market leading protocol design and clinical study execution solution to the Pharmaceutical/Biotechnology industry. Prior to his role at Fast Track Systems, Inc. Charlie worked for Documentum, e-Room and Liquent in a variety of executive roles. Each of these companies focuses entirely on or has a significant commitment to serving the technology needs of Pharmaceutical/Biotechnology industry. These experiences inform Charlie's broad knowledge of the issues facing the Pharmaceutical/Biotechnology industry and his insightful approach to tackling them. Charlie earned an MBA from the Fuqua School of Business at Duke University.
| Organization | Position | Status |
|---|---|---|
| Fast Track Systems Inc | Vice President of the Trialspace Designer Business Unit | Current |
| Liquent, Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| Fast Track Systems Inc | Vice President of Sales | Current |
| Fast Track Systems Inc | Sales Executive | Current |
| La Salle University | BS In Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| Fast Track Systems Inc | Vice President of Clinical Strategy | Current |
| Penn State College of Medicine | Degree | Former |
Array
| Organization | Position | Status |
|---|---|---|
| Fasttrack | Current | |
| Shippensburg University | Former |
| Organization | Position | Status |
|---|---|---|
| Innocentive, Inc. | Chief Executive Officer | Current |
| Innocentive, Inc. | Co-Founder | Current |
| Business Innovation Factory | Board of Directors | Current |
| Fast Track Systems Inc | Board of Directors | Current |
| Innocentive, Inc. | President | Former |
| Eli Lilly and Company | Former | |
| The Editors | Chairman of the Board | Former |
| Stanford University | Ph.D. In Organic Chemistry | Former |
| Organization | Position | Status |
|---|---|---|
| TEDMED3 | Vice President, Eli Lilly and Company | Current |
| Innocentive, Inc. | Founder and Member, Board of Directors | Current |
| Innocentive, Inc. | Chairman | Current |
| TEDMED3 | Board of Directors | Current |
| Fast Track Systems Inc | Board of Directors | Current |
| The Editors | Chairman of the Board | Former |
| Stanford University | Ph.D. In Organic Chemistry | Former |
Scott Minick is a Managing Director with ARCH, joining the firm as a Venture Partner in 1998. Mr. Minick has been instrumental in the startup, development and financing of numerous portfolio companies including XenoPort (XNPT), FastTrack Systems, MedVantx, Achaogen, Amphora Discovery, Celula, Ensemble Discovery, and Sorbent Therapeutics. He serves as a board director for Achaogen, Amphora Discovery, Celula, FastTrack Systems, Optobionics and Sorbent Therapeutics. Mr. Minick currently serves as Chairman of the Board for MedVantx and formerly served as Chairman of Xcyte Therapies (XCYT) through its IPO in 2004 and subsequent acquisition of Cyclacel Pharmaceuticals (CYCL). He also previously served as Executive Chairman of Amphora Discovery. From 1995 until 1998, Mr. Minick was director, President and COO of SEQUUS Pharmaceuticals, a public biopharmaceutical company that was acquired by GlaxoSmithKline. From 1994 to 1995, he served as a director, President and CEO of OncoTherapeutics, a private biotechnology company. Prior to that, Mr. Minick co-founded and was a director, President and CEO of LXR Biotechnology from startup through its IPO. From 1981 to 1993, he was an executive of Baxter Healthcare, holding leadership positions in the device, service and diagnostics businesses. He received his postgraduate training in neurobiology at the Salk Institute, an M.B.A. from Northwestern University and a B.A. with Honors from the University of California at San Diego.
| Organization | Position | Status |
|---|---|---|
| Arch Venture Partners | Managing Director | Current |
| Achaogen | Venture Partner | Current |
| Amphora Discovery Corporation | Venture Partner | Current |
| Medvantx, Inc. | Venture Partner | Current |
| Vascular Architects, Inc. | Observor | Current |
| Trubion Pharmaceuticals, Inc | Observor | Current |
| Medvantx, Inc. | Chairman of The Board | Current |
| Cycl | Chairman | Current |
| Chiasma Inc. | Board of Directors | Current |
| C E L U L A, Inc | Director | Current |
| XenoPort Inc. | Board of Directors | Current |
| Amphora Discovery Corporation | Board Member | Current |
| Achaogen | Board of Directors | Current |
| BIND Biosciences, Inc. | Board Director | Current |
| Vascular Architects, Inc. | Board of Directors | Current |
| Optobionics Corporation | Board Member | Current |
| Fast Track Systems Inc | Board Director | Current |
| Trubion Pharmaceuticals, Inc | Board of Directors | Current |
| Arch Venture Partners | Board of Directors | Current |
| Oncotherapeutics, Inc. | CEO | Former |
| LXR Biotechnology, Inc. | CEO | Former |
| Oncotherapeutics, Inc. | Interim President | Former |
| SEQUUS Pharmaceuticals | President | Former |
| LXR Biotechnology, Inc. | President | Former |
| SEQUUS Pharmaceuticals | Chief Operating Officer | Former |
| LXR Biotechnology, Inc. | co-founder | Former |
| Arch Venture Partners | Venture Partner | Former |
| Ensemble Discovery Corporation | Former | |
| Amphora Discovery Corporation | Executive Chairman | Former |
| Cyclacel Pharmaceuticals, Inc. | Chairman | Former |
| SEQUUS Pharmaceuticals | Director | Former |
| Oncotherapeutics, Inc. | Director | Former |
| LXR Biotechnology, Inc. | Director | Former |
| Northwestern University | M.B.A. | Former |
| University of California, San Diego | B.A. With Honors | Former |
| University of California | B.A. | Former |
| Salk Institute | Neurobiology | Former |
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