goBalto Drug Development Partnering WebSite to Include Clinical Trials Support’s List of Investigator Sites

SAN FRANCISCO, CA – August 24, 2009 – goBalto, an online drug development partnering site for the pharmaceutical development and drug manufacturing industry, announced today that Clinical Trials Support is making its proprietary list of over 950 Latin American-based Investigator Sites and hospitals available on goBalto.com. goBalto’s web-based platform enables members to quickly and efficiently find partners, share knowledge and discover opportunities.

Clinical Trials Support is a leading Contract Research Organization in Latin America, one of the leading regions for clinical trials outsourcing. Its proprietary list of Investigator Sites on goBalto is listed under “Sourced by Clinical Trials Support.” The “Sourced by” designation indicates that Clinical Trials Support has identified these Investigator Sites to be actively operating in Latin America and that information about these sites is maintained in its database. Over 950 of the Investigator Sites listed on goBalto have been reviewed to date.

“We’re delighted that Clinical Trials Support, a leading Clinical Research Organization in Latin America, has agreed to make its proprietary list available to the goBalto community,” said Jae Chung, founder and CEO of goBalto. “Interfacing Clinical Trials Support’s list to our platform enables users to more quickly and easily evaluate the leading Investigator Sites in the region and become informed about the exciting, high-growth Latin American market.”

“For Clinical Trial Support it is very important to be in goBalto’s website so that our information can be made available for CROs and laboratories willing to perform clinical trials in Chile. Research in our country is growing, the sites and investigators are highly-qualified, and though we are a little country, the sites usually reach their patient targets, and regulatory timelines are smaller than other Latin-American countries” said CTS CEO, Carlos Caceres.

Latin America is one of the pharmaceutical markets with the biggest growth rates in the world. It represents approximately 30% of the global pharmaceutical market. The advantages of Latin America as a place to perform clinical trials are confirmed by hundreds of ongoing and successfully performed trials.

The Clinical Trials Support list adds over 950 Investigator Sites to the list of over 9,000 potential service providers that goBalto has assembled and profiled based on technical capabilities, regulatory compliance, facilities, equipment and other factors. The goBalto platform allows users to rate companies, post comments to vendors and evaluate service providers.

About goBalto
goBalto is a dedicated online drug development partnering site for the pharmaceutical and drug manufacturing industry. Users can identify, evaluate, and manage drug-development partners from around the world. Incorporating the latest in Web 2.0 technologies, goBalto’s platform enables users to distinguish their offerings by adding logos, images, videos, customer testimonials and post referrals from members. More than 9,000 service providers are currently listed.

About Clinical Trial Services
Clinical Trials Support is a Chilean based contract research organization, which provides project management, monitoring and data management services on behalf of sponsors seeking services in the Latin American region.