CWWeekly May 5th 2008 Issue
Friday, May 9, 2008
Bio-Imaging Technologies Acquires Phoenix Data Systems
Newton, Pa.-based contract research organization (CRO) Bio-Imaging Technologies has opened up a new book of business with the acquisition of eClinical company Phoenix Data Systems. Bio-Imaging, which specializes in running trials that require medical imaging management, purchased the King of Prussia, Pa.-based company for $24 million, including $17 million in stock and $7 million in cash.
inVentiv Clinical Moves into Latin America
inVentiv Clinical, the contract research organization (CRO) division of Somerset, N.J.-based marketing, communications and staffing firm inVentiv Health, has expanded its clinical services to Latin America with a new central hub in São Paulo, Brazil. The company stated it plans to bolster its operations in other countries throughout the region as well.
Other breaking news…
- Quintiles inks agreement with Medca Japan…
- Encorium Group inks $2.5 million in new contracts…
Company Profile: An interview with Patrick Hughes, senior vice president, Exco InTouch
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