Articles Published in 2009

ACRO: Global Clinical Trials Benefit Drug Development

Tuesday, July 28, 2009 07:14 AM

A new report released last week by the Association of Clinical Research Organizations (ACRO) says clinical trials conducted in the developing world not only match the quality and safety standards of those conducted in the developed world but they also improve the global drug development process.

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Encorium Acquisition Leads to CEO Move, COO Departure

Friday, July 24, 2009 11:39 AM

Wayne, Pa.-based contract research organization (CRO) Encorium Group has completed the sale of its U.S. business to Pierrel Research USA, a subsidiary of Italian CRO Pierrel SpA, for $2.7 million.

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ICON Reports Growth in Revenues, Income and EPS

Thursday, July 23, 2009 06:59 AM

Dublin, Ireland-based ICON gave shareholders a triple dose of good news yesterday with its second quarter 2009 earnings release. Revenues, income and earnings per share were all up compared to last year.  Net revenues increased $1.7 million to $220 million and net income jumped $4 million to $22.8 million or 38 cents per share on a diluted basis.

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PPD’s Revenues Fall, Earnings Boosted by Piedmont Sale

Wednesday, July 22, 2009 07:00 AM

Wilmington, N.C.-based PPD's second quarter revenues fell nearly $50 million to $355.2 million, but its earnings per share were boosted by the sale of its subsidiary, Piedmont Research Center, which was part of the company's discovery sciences segment.

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India Issues Draft Rules for Clinical Research Organizations

Tuesday, July 21, 2009 07:37 AM

India's drug regulator, the Central Drug Standard Control Organization (CDSCO), issued draft rules mandating the registration of clinical research organizations that conduct human studies on drugs, cosmetics and medical devices.

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MonitorForHire.com Completes Management Buyout

Monday, July 20, 2009 07:00 AM

MonitorForHire.com's recently completed management buyout was just the next logical step in growth for the online clinical research staffing company, said co-founder and president Scott Freedman.

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Chiltern Acquisitions Contribute to 44% Revenue Increase

Friday, July 17, 2009 09:06 AM

Chiltern International reported a 44% revenue increase for the year ended March 31, 2009, due in large part to acquisitions. The UK-based CRO attributed 15% of its growth to acquisitions, including the recent acquisition of Brazil CRO Vigiun.

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Phase Forward Agrees to $10M Acquisition, Multi-Year Partnership with Covance

Wednesday, July 15, 2009 01:30 PM

Covance is selling its interactive voice and web response services (IVR/IWR) business to eClinical provider Phase Forward for $10 million cash, and the two companies have entered into a multi-year agreement making Phase Forward a preferred provider for the contract research organization (CRO).

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FDA Debars Two Clinical Investigators Six Years after Fraud Convictions

Wednesday, July 15, 2009 07:27 AM

More than six years after being convicted of fraud, two medical researchers were recently barred from working as clinical investigators by the U.S. Food and Drug Administration (FDA).

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PPD to Cut 270 Employees in North America

Tuesday, July 14, 2009 07:00 AM

Wilmington, N.C.-based contract research organization (CRO) PPD is laying off a total of 270 employees in North America, including 80 employees from its North Carolina headquarters.

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