Jump to content

Biomedical Systems

Edit links
From Wikipedia, the free encyclopedia
Biomedical Systems
TypePrivate
Industry
Founded1975 (1975)
FounderRay Barrett
Headquarters
Maryland Heights, Missouri
,
United States
Number of locations
5 (Internationally)
Number of employees
~400 (2016)
ParentERT

Biomedical Systems Corporation was a U.S.–based provider of centralized clinical trial services and medical technology founded in 1975 by W. Raymond Barrett and headquartered in Maryland Heights, Missouri.[1] The company supplied cardiac safety, medical imaging and respiratory endpoint services, and supported electronic patient-reported outcomes (ePRO) for biopharmaceutical sponsors and CROs.[2] In April 2014 it sold its physician- and hospital-based cardiology testing unit to BioTelemetry for approximately $8.65 million in cash and stock,[3][4] and in September 2017 it was acquired by ERT (eResearch Technology).[5] Following ERT’s merger with Bioclinica, the parent company rebranded as Clario in 2021.[6]

History

[edit]

Founded in 1975, Biomedical Systems offered centralized cardiac safety, medical imaging and respiratory services in drug development and also collected, analyzed and distributed electronic patient-reported outcome (ePRO)[7] in multiple modalities across all phases of clinical research.[8]

In 2010 Biomedical Systems introduced their own Wireless Ambulatory ECG Monitoring System called the TruVue™ Wireless Telemetry Device as part of their Cardiac Patient Services Business. TruVue would record and remotely transmit heartbeats for up to 30 days; and was intended for the diagnosis and management of atrial fibrillation and other cardiac arrhythmia.[9][independent source needed] Biomedical Systems later sold TruVue to Malvern, Pennsylvania-based BioTelemetry, Inc. for $8.65 million.[10]

Later in 2012 Biomedical Systems added ePRO services through their acquisition of Belgium-based Symfo.[11]

On September 8, 2017, ERT announced its acquisition of Biomedical Systems.[12]

[edit]

In 2002, the U.S. Court of Appeals for the Eighth Circuit affirmed a jury verdict awarding Biomedical Systems $75 million in a breach-of-contract case against GE Marquette Medical Systems related to FDA clearance strategy for a home uterine activity monitor.[13]

Locations

[edit]

See also

[edit]

References

[edit]
  1. ↑ "W. Raymond Barrett, 91". St. Louis Post-Dispatch. September 8, 2019. Retrieved August 13, 2025 – via Buffalo News.
  2. ↑ "ERT Acquires Biomedical Systems". Applied Clinical Trials. September 11, 2017. Retrieved August 13, 2025.
  3. ↑ Solomont, E.B. (March 20, 2014). "Biomedical Systems sells testing unit for $8.65 million". St. Louis Business Journal. Retrieved August 13, 2025.
  4. ↑ "BioTelemetry, Inc. Form 10-K (FY 2014)". U.S. Securities and Exchange Commission. March 3, 2015. Retrieved August 13, 2025.
  5. ↑ "ERT acquires Biomedical Systems". Applied Clinical Trials. September 11, 2017. Retrieved August 13, 2025.
  6. ↑ "ERT and Bioclinica become Clario" (Press release). Clario. November 3, 2021. Retrieved August 13, 2025.
  7. ↑ "Biomedical Systems Launches Next Generation eCOA Technology". www.businesswire.com (Press release). 10 March 2015. Retrieved 2017-04-21.
  8. ↑ "Power of 1". Biomedical Systems. Retrieved 2017-04-21.
  9. ↑ "Biomedical Systems Introduces Long-Term ECG Monitoring to Diagnose Atrial Fibrillation". PR Newswire. 19 March 2012. Retrieved 9 May 2017.
  10. ↑ "Biomedical Systems sells testing unit for $8.65 million". St. Louis Business Journal. 20 March 2014. Retrieved 10 May 2017.
  11. ↑ "Biomedical Systems buys Belgium-based Symfo". St. Louis Business Journal. 23 March 2012. Retrieved 9 May 2017.
  12. ↑ "ERT Acquires Biomedical Systems | ERT". ERT. 2017-09-08. Retrieved 2017-09-20.
  13. ↑ "BIOMEDICAL SYSTEMS CORPORATION v. GE MARQUETTE MEDICAL SYSTEMS INC (2002)". Findlaw. Retrieved 2025-08-13.


Retrieved from "https://en.wikipedia.org/w/index.php?title=Biomedical_Systems&oldid=1354701554"