verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . july 2013 learn how and when to remove this template message ert type private industry healthcare clinical research pharmaceutical service medical technology founded 1972 1972 headquarters philadelphia u.s. key people james corrigan president and ceo 1 revenue us 342.5 million fy 2014 2 net income us 9.8 million fy 2010 2 owner number of employees 700 2011 website ert.com ert eresearchtechnology inc. is a global company specializing in clinical services and customizable medical devices to biopharmaceutical and healthcare organizations . it is offers centralized cardiac safety and respiratory efficacy services in drug development and also collects analyzes and distributes electronic patient reported outcomes epro in multiple modalities across all phases of clinical research . contents 1 history 2 locations 3 references 4 external links history edit ert formerly known as cardio data systems was founded in 1972 and analyzed ambulatory holter electrocardiograms and conducted its first research study in 1975 . vague by the end of that year the company expanded into the largest u.s. holter monitoring research provider of evaluating cardiovascular drugs for approval by the u.s. food and drug administration fda . in 1979 the company analyzed 4 500 holter readings for the national institutes of health s beta blocker heart attack trial . the study resulted in the recommendation to use the drug propranolol for at least three years in patients who have had a recent heart attack and who need to have their heart rate slowed down . in 1987 cardio data systems ltd. expanded to the united kingdom to extend its business services internationally . they based their operations in peterborough cambridgeshire . in 1990 now known as cdsresearch they initiated a computer analysis for cardiologists to measure changes on a 12 lead ecg electrocardiogram . citation needed the name was changed again in 1993 to cdsresearchworldwide and moved its headquarters to philadelphia pa where they opened a 45 bed clinical research unit located in center city philadelphia which was created for conducting inpatient and outpatient pharmacokinetic pharmacodynamic and other phase 1 studies . in 1997 with the acquisition of dlb systems ltd. and a name change to premier research worldwide the company became publicly held on the nasdaq national market system under the symbol prww . two years later in 1999 prww sold its portion of cro operations and in 2000 eresearch technology inc. nasdaq ert was formed . in 2007 ert launched a new product line for patient reported outcomes epro . finally 2008 and 2009 marked substantial growth for the company and brought two awards . first cio 100 award of 2008 for their accomplishments in ecg analysis software that allows customers the flexibility needed to configure their ecg clinical studies . second the european outsourcing awards of 2009 best new product . 3 in 2008 ert acquired biosigna a munich based company which specialized in biomedical signal processing . in 2009 ert ended its foray into the electronic data capture edc business as ert sold its edc division for approximately 2.025 million of omnicomm shares . 4 in 2010 ert acquired the research services division of the carefusion corporation . this nearly doubled the company in size and brought a new service line and enhancements to its two current service offerings ; respiratory services specializing in centralized spirometry multi mode epro for patient reported outcomes and enhanced cardiac safety solutions . along with the acquisition ert now has the capability to design and construct their own clinical diagnostic devices from a manufacturing facility in estenfeld germany . 5 in 2010 the then current ceo of ert was replaced on an interim basis by dr. joel morganroth . 6 in 2011 jeffrey s. litwin m.d. was appointed ert s new president and chief executive officer . litwin joined ert in 2000 as senior vice president and chief medical officer and was subsequently promoted in december 2005 to executive vice president and chief medical officer . dr. litwin oversaw ert s global cardiac safety operations for seven years . in may 2012 biosigna was liquidized and the office in munich was closed . on july 3 2012 ert announced that genstar capital llc of san francisco acquired ert in a take private transaction valued at approximately 400 million . on july 9 2012 ert acquired and merged with invivodata a provider citation needed of epro electronic patient reported outcomes services and consulting . locations edit philadelphia pennsylvania headquarters bridgewater new jersey pittsburgh pennsylvania peterborough cambridgeshire estenfeld germany tokyo japan boston massachusetts geneva switzerland references edit https www.ert.com ert announces appointment of jim corrigan as new president and ceo a b ert ert annual income statement http www.ert.com home aboutus ertmilestones tabid 61 default.aspx http philadelphia.bizjournals.com philadelphia stories 2009 06 22 daily19.html http ert.investorroom.com index.php s 43 & item 379 http www.realwire.com releases ert announces the appointment of joel morganroth md as interim ceo external links edit official website ert s history overview reuters company profile eres ert european pharmaceutical review eoa press release retrieved from https en.wikipedia.org w index.php title ert company & oldid 743597367 categories companies based in philadelphiacompanies established in 1972contract research organizationshidden categories articles needing additional references from july 2013all articles needing additional referencesall wikipedia articles needing clarificationwikipedia articles needing clarification from july 2013all articles with unsourced statementsarticles with unsourced statements from july 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 10 october 2016 at 09 58 . text is available under the creative commons attribution sharealike license ; 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