Articles Published in 2009

PRA Expands Service Offerings in Asia-Pacific

Monday, February 2, 2009 08:00 AM

Recognizing the growing potential for drug development in Southeast Asia, especially Japan, PRA International has entered into a strategic collaboration with two contract research organizations (CROs) in that region.

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Covance Revenues Up, Maintains Guidance

Thursday, January 29, 2009 04:21 PM

Covance released strong fourth quarter and year end 2008 financial results late Wednesday with revenue increases in both early and late-stage development segments.

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Medidata Files IPO

Wednesday, January 28, 2009 04:15 PM

Despite the troubled economy, the struggling eClinical industry and operating losses totaling $38 million, eClinical company Medidata filed an initial public offering in an effort to raise $86 million. The number of shares and share price for the offering have not yet been determined.

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Quintiles Plans Phase I Unit in India

Wednesday, January 28, 2009 08:00 AM

Contract research organization (CRO) Quintiles is partnering with Apollo Hospitals Group in India to open a phase I clinical trial unit in Hyderabad, India.

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Parexel Profits Down in Q2, Revenues Up

Tuesday, January 27, 2009 08:00 AM

Parexel’s second quarter financial results, released late Monday, reflect the ill effects of negative foreign exchange rates and a recently terminated contract.

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M2S Acquires DXA Resource Group

Monday, January 26, 2009 08:00 AM

M2S’ recent acquisition of DXA Resource Group (DRG) will enable the imaging company to offer new and specialized capabilities and expertise to sponsors of clinical trials.

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Datatrak CEO Steps Down

Friday, January 23, 2009 10:08 AM

After 17 years with the eClinical company, Jeffrey Green has stepped down as CEO of struggling Datatrak in order to pursue “other opportunities,” the company announced Thursday.

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Premier to Purchase Pivotal Research Centers for $4.75M

Thursday, January 22, 2009 11:56 AM

Premier Research Arizona, a division of UK-based CRO Premier Research Group, signed a purchase agreement to acquire Pivotal Research Centers, a site management organization specializing in phase II/IIa clinical trials.

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Acurian Uses Facebook to Promote Clinical Trial Participation

Wednesday, January 21, 2009 09:17 AM

Patient recruitment provider Acurian hopes the popularity of MySpace and Facebook will transfer to the clinical trial industry with its new social networking application, Click it Forward.

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ICON Trims Revenue Outlook, Boosts Profits

Monday, January 19, 2009 09:13 AM

While Kendle and Parexel became the latest contract research organizations (CROs) to lower their profit and revenue outlooks last week, one CRO actually increased its earnings expectations.

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