Phase Forward Inc. will pay $10 million for Covance Inc.’s Interactive Voice & Web Response Services in a deal expected to close by the end of next month.
The Waltham-based clinical trial data solutions provider also inked a multi-year marketing deal with Princeton, N.J.-based Covance to supply its InForm electronic data capture solution to Covance’s clients.
It’s been a busy spring and summer for Phase Forward, which posted first-quarter sales and earnings increases of 28 percent and 2 percent, respectively.
The company paid $14 million for Cambridge-based Waban Software in April and inked a multi-year, multi-million-dollar deal with Novo Nordisk to provide clinical trials software to the Danish pharmaceuticals colossus a week later.
Phase Forward said it plans to release its second-quarter results July 27.