Phase Forward Establishes Wholly Owned Subsidiary in India

HYDERABAD, India--(BUSINESS WIRE)--Phase Forward (NASDAQ: PFWD), a leading provider of data management solutions for clinical trials and drug safety, today announced the establishment of a wholly owned subsidiary, Phase Forward Software Services India Private Limited, based in Hyderabad, India. In building this subsidiary, Phase Forward will be working with current partner Virtusa Corporation (NASDAQ: VRTU), a leading global information technology (IT) services company. Phase Forward’s Hyderabad center will be situated within Virtusa’s facilities.

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