Company:Biomedical Systems
| Type | Private |
|---|---|
| Industry | Healthcare Clinical research Pharmaceutical service Medical technology |
| Founded | 1975 |
| Founder | Ray Barrett |
| Headquarters | Maryland Heights , U.S. |
Number of locations | 5 (Internationally) |
Number of employees | ~400 (2016) |
| Parent | ERT |
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
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][third-party 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]
Controversies and legal issues
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
- Maryland Heights, Missouri (global headquarters)
- Brussels, Belgium (European headquarters, established in 1981)
- Tsukuba, Japan
- Pondicherry, India
- Beijing, China (partnership)
See also
References
- ↑ "W. Raymond Barrett, 91". St. Louis Post-Dispatch. September 8, 2019. https://buffalonews.com/obituaries/w-raymond-barrett-91/article_3bf1f764-c76e-56fa-97b5-b503f77dcf71.html.
- ↑ "ERT Acquires Biomedical Systems". September 11, 2017. https://www.appliedclinicaltrialsonline.com/view/ert-acquires-biomedical-systems.
- ↑ Solomont, E.B. (March 20, 2014). "Biomedical Systems sells testing unit for $8.65 million". St. Louis Business Journal. https://www.bizjournals.com/stlouis/news/2014/03/20/biomedical-systems-sells-testing-unit-for-8-65.html.
- ↑ "BioTelemetry, Inc. Form 10-K (FY 2014)". U.S. Securities and Exchange Commission. March 3, 2015. https://www.sec.gov/Archives/edgar/data/1574774/000104746915001062/a2223115z10-k.htm.
- ↑ "ERT acquires Biomedical Systems". September 11, 2017. https://www.appliedclinicaltrialsonline.com/view/ert-acquires-biomedical-systems.
- ↑ "ERT and Bioclinica become Clario" (Press release). Clario. November 3, 2021. Retrieved August 13, 2025.
- ↑ "Biomedical Systems Launches Next Generation eCOA Technology". www.businesswire.com (Press release). 10 March 2015. Retrieved 2017-04-21.
- ↑ "Power of 1" (in en-US). http://www.biomedsys.com/en-us/our-company/about-us.
- ↑ "Biomedical Systems Introduces Long-Term ECG Monitoring to Diagnose Atrial Fibrillation". PR Newswire. 19 March 2012. http://www.prnewswire.com/news-releases/biomedical-systems-introduces-long-term-ecg-monitoring-to-diagnose-atrial-fibrillation-143298676.html. Retrieved 9 May 2017.
- ↑ "Biomedical Systems sells testing unit for $8.65 million". St. Louis Business Journal. 20 March 2014. http://www.bizjournals.com/stlouis/news/2014/03/20/biomedical-systems-sells-testing-unit-for-8-65.html. Retrieved 10 May 2017.
- ↑ "Biomedical Systems buys Belgium-based Symfo". St. Louis Business Journal. 23 March 2012. http://www.bizjournals.com/stlouis/print-edition/2012/03/23/biomedical-systems-buys-belgium-based.html.
- ↑ "ERT Acquires Biomedical Systems | ERT" (in en-US). ERT. 2017-09-08. https://www.ert.com/ert-acquires-biomedical-systems/.
- ↑ "BIOMEDICAL SYSTEMS CORPORATION v. GE MARQUETTE MEDICAL SYSTEMS INC (2002)" (in en-US). https://caselaw.findlaw.com/court/us-8th-circuit/1303001.html.
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