The News Review:

- Averion Reports 2007 Second Quarter Financial Results.(Financial…
- Praxis’ Creative Motivates Patients and Wins 4 Awards.
- Translating research into medicine

Averion Reports 2007 Second Quarter Financial Results.(Financial…
Free with registration – Business Wire – AccessMyLibrary.com – Aug 15, 2007
– Averion International Corp. (TCBB:AVR) a clinical research organization (CR) specializing in oncology medical devices dermatology and nephrology today announced financial results for the three and six months ended June 30 2007. Second Quarter and Year-to-Date Business and Financial Highlights: * Clinical research operating income was $817000 compared with a loss of $46000 and $13000 for the second quarter of 2006 and first quarter of 2007 respectively. * Gross new business awards were $27. 5 million for the six months ended June 30 2007 for a gross book-to-bill ratio of 1. * Clinical research backlog increased to $43… 5 million for the six months ended June 30 2007 for a gross book-to-bill ratio of 1. * Clinical research backlog increased to $43. 9 million as of June 30 2007 an increase of 23% compared with backlog at December 31 2006. The Company’s net book-to-bill ratio was 1. 6 for the six months ended June 30 2007. * Net service revenue increased 95% compared with the second quarter of 2006 largely as a result of the Averion Inc.

Praxis’ Creative Motivates Patients and Wins 4 Awards.
Free with registration – Business Wire – AccessMyLibrary.com – Aug 15, 2007
(15-AUG-07) Business Wire. — Praxis a company specializing in centralized patient recruitment for clinical research studies has won four prestigious creative excellence awards from four different competit.

Translating research into medicine
Express Pharma – Aug 15, 2007
We are putting all our strengths in place to utilize parts of this chain. However it will take around seven to ten years to bear fruit. What are the challenges involved in development of translational medicines? Translational medicine incorporates aspects of both basic science and clinical research and therefore requires skills and resources not usually available in a single laboratory or clinical setting. For this reason many research institutes university science departments freestanding clinics and hospitals and isolated molecular medicine entities cannot readily accomplish translational research singularly because these institutions lack the combination of experimental research and clinical investigative expertise needed. Furthermore organisations that possess these resources are significantly challenged to overcome the internal political and organizational hurdles to integrate these departments. The concept of translational medicine can only operate when there is a cohesive model in place where the experts of different domains work together and share information. There are also infrastructural constraints.