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eResearchTechnology plans to get funding for PHT acquisition
By Sara Rosenberg
New York, Feb. 27 – eResearchTechnology Inc. intends to obtain financing from Jefferies Finance LLC and Citizens Bank to fund its acquisition of PHT Corp., according to a news release.
eResearchTechnology, a Genstar Capital portfolio company, is a Philadelphia-based provider of patient-centric endpoint data collection solutions for use in clinical drug development. PHT is a Boston-based collector and reporter of secure real-time patient data from mobile apps.
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