NEW YORK--(BUSINESS WIRE)--Medidata Solutions, a leading global provider of electronic clinical data capture (EDC), management and reporting solutions, today announced record results for 2007. Medidata estimates that its revenues for 2007 increased by more than 60 percent year-over-year and that it achieved the highest revenue quarter in the company’s history in Q4. The company’s continued growth in 2007 was driven by the introduction of Medidata Rave® 5.6, significant customer wins, extended relationships with existing customers and new and expanded partnerships with contract research organizations (CROs). While supporting its growth with significant resource expansion, Medidata also further strengthened its position as an industry leader through strategic collaborations with key technology providers.
