i3 Acquires Regulatory Services Company CanReg

Monday, January 4, 2010 07:35 AM

Pharmaceutical services company i3 has expanded its regulatory compliance services through the recent acquisition of Canada-based regulatory affairs consulting firm CanReg. Neither company would comment on the financial terms of the deal, which was completed on December 1, 2009.

i3, which is a division of Minnesota-based Ingenix, will add CanReg to its contract research organization (CRO) business, i3 Research—one of six business units within company. CanReg founder and president Anne Tomalin and all CanReg staff will continue to work as employees of i3 and operate under the new business name, i3 CanReg, within the i3 Research business unit.

“I started CanReg in 1996 as one individual—as a small, private company. We’ve grown to be about 110 people, and we’ve done that without a huge amount of resources behind us. As we join i3, what I would look to for the future is the ability to grow and strengthen around the world, internationally, to be able to support that global registration,” Tomalin said. “Regulatory is really the focus of the CRO industry. And having strength in that area brings tremendous strength to a company ...We’ve looked around for other companies that are the size of us in the regulatory arena, and we can’t find any. Even though we’re a small company—or we were a small company before December—we’re still the largest regulatory company.”

As of November, CanReg had more than 350 active clients and held registrations in 60 countries, Tomalin said.

i3 Research’s regulatory services group helps sponsors interact with regulatory agencies and prepare and submit drug applications that meet regulations and guidelines. The company has regulatory submission experience in more than 50 countries.

“We still had individuals that provided regulatory support [before the CanReg deal], but they were limited in number,” said i3 Research President Tracy Tsuetaki. “What CanReg brings to us is some additional skill sets that extend even beyond pharmaceuticals and biologics. CanReg also has done work in the areas of medical devices and diagnostics as well. They have been involved in terms of serving the needs of conducting due diligence on the regulatory side for law firms, venture capitalists. Most importantly, what they bring to us is expertise.”

i3 delivers contract research services in 56 countries and is therapeutically focused on oncology, the central nervous system, respiratory, infectious and pulmonary diseases and endocrinology.

Share:          
CLINICAL TRIAL RESOURCES

Search:

NEWS ONLINE ARCHIVE

Browse by:

CWWeekly

December 17

Medici Global says its Alzheimer's Facebook page demonstrates the need for more early detection trials

Analysts: Expect more equity purchases of CROs in 2013

Already a subscriber?
Log in to your digital subscription.

Subscribe to CWWeekly.

The CenterWatch Monthly

January 2013

Parexel celebrates 30 years of change, growth
CRO's founder and chairman reflects on challenges of the past, present and future

Strategies for increasing patient diversity in trials
Sponsors look to improve racial, ethnic recruitment without going overseas

Already a subscriber?
Log in to your digital subscription.

Purchase the January issue.

Subscribe to The CenterWatch Monthly.

December 2012

Publicity, regulation tightening reins on use of KOLs
Debate rages over need to revamp how sponsors use, pay medical experts

Time may be right to makeover the investigator brochure
Size, complexity prevent critical document from being thoroughly read

Already a subscriber?
Log in to your digital subscription.

Purchase the December issue.

Subscribe to The CenterWatch Monthly.

JobWatch centerwatch.com/jobwatch

Featured Jobs