Blum owns 15.9% of eResearchTechnology

By Lisa Kerner

Charlotte, N.C., Aug. 25 - A group of eResearchTechnology Inc. investors led by Blum Capital Partners, LP bought 634,886 shares between Aug. 12 and Aug. 21 at prices from $12.2427 to $12.5089 each.

The transactions were reported in a schedule 13D filed with the Securities and Exchange Commission.

Blum and its affiliates beneficially own 8,063,655 shares, or 15.9%, of the Philadelphia-based company.

eResearchTechnology's products enable the pharmaceutical, biotechnology and medical device industries to collect, interpret and distribute cardiac safety and clinical data.

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