CROs/Service Providers

inVentiv launches company to consolidate European services

Thursday, August 25, 2011 01:53 PM

inVentiv Health will encompass advertising, PR, public policy, market access, med ed, marketing, branding and digital services in a unified offering serving Europe, according to InPharm.

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UK’s Selcia expands with US facility in Massachusetts

Thursday, August 25, 2011 10:22 AM

Privately owned contract research organization Selcia has opened a facility in Hopkinton, Massachusetts, responding to what the UK-based company says is an “ever-growing” US client base, according to PharmaTimes.

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Omnicare offers $457 million to buy PharMercia

Wednesday, August 24, 2011 01:12 PM

Omnicare went public with a $457 million offer for pharmacy management services company PharMerica, sending shares of both companies surging.

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PRA expands with office in Romania

Tuesday, August 23, 2011 10:47 AM

PRA, a clinical research organization, recently opened an office in Bucharest, Romania to further strengthen its coverage of the Balkan region’s burgeoning markets. The Bucharest office will also support projects in the neighboring Republic of Moldova.

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Ignite Health acquires Syndicated Methods

Monday, August 22, 2011 12:15 PM

Ignite Health, an inVentiv Health company, has acquired Syndicated Methods, a San Diego-based mobile development firm. The acquisition rapidly expands Ignite Health's digital leadership into the exploding mobile health space.

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PPD rumored to be in exclusive acquisition talks with D.C.-based private equity firm the Carlyle Group

Monday, August 22, 2011 08:02 AM

While many in the upper echelon of private equity investors have been courting CRO PPD, for now all but one have been shooed away: Washington, D.C.-based Carlyle Group.

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CROs using backlog numbers to put positive spin on less-than-stellar quarterly earnings reports

Monday, August 22, 2011 08:00 AM

Using backlog allows CROs to put a positive spin on what otherwise might be less-than-stellar earnings; while they may not have had the healthiest quarter—or year—financially, they can showcase all of the work that has been promised over the next few quarters in millions, or billions, of dollars.

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Carlyle Group said to be in talks to buy PPD

Tuesday, August 16, 2011 12:59 PM

Carlyle Group is in exclusive talks to buy Pharmaceutical Product Development (PPD) a clinical research company, said five people with knowledge of the discussions, according to Bloomberg.

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Covance enters agreement to acquire TRAC Microbiology

Thursday, August 11, 2011 01:35 PM

Covance has entered into a definitive agreement to acquire TRAC Microbiology, a Madison, Wisconsin-based food microbiology and chemistry laboratory. TRAC provides testing, research, auditing, and consulting services to clients ranging from small family businesses to large food-based corporations.

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PRA on the block, too?

Monday, August 8, 2011 08:02 AM

There was much hoopla made about PPD possibly being for sale after the Wall Street Journal published a story saying as much in mid-July. But what about its smaller competitor, PRA International?

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