Oracle Makes a Play for Life Sciences

Friday Jan 23rd 2004 by Staff

The business software giant acquires SiteWorks Solutions to capitalize on drug companies that need to run clinical trials.


Oracle (Quote, Chart) on Thursday said it has acquired the assets of a software company it says will pad its offerings for pharmaceutical companies -- and no it's not PeopleSoft.

The Redwood Shores, Calif.-based company said it has taken over the operations of SiteWorks Solutions. The privately held Memphis firm supplies management software products, like its SiteMinder and TrialMinder platforms. The software is marketed to hospitals, pharmaceutical companies and research institutions for clinical trials.

Both products are Web-based and run on the Oracle Database. SiteWorks will fall under the management of Oracle's Clinical division, which also makes data management and remote data capture software.

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