Articles Published in 2010

Charles River Labs to Acquire WuXi PharmaTech for $1.6B

Monday, April 26, 2010 08:32 AM

Preclinical contract research organization (CRO) Charles River Laboratories announced this morning plans to acquire Chinese CRO Wuxi PharmaTech in a deal valued at $1.6 billion.

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Pfizer Warned by FDA for Inadequate Monitoring in Peds Study

Friday, April 23, 2010 07:01 AM

Pfizer received a warning letter from the U.S. Food and Drug Administration (FDA) last week, citing the pharmaceutical giant for inadequate clinical trial monitoring in the study of a pediatric drug—violations that led to the overdosing of at least 26 children.

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Almac Group Partners with Queen’s University Belfast, Will Open New U.S. Headquarters

Thursday, April 22, 2010 06:35 AM

Almac Group, an integrated drug development services company based in Craigavon, Northern Ireland, has formed a partnership with Queen’s University Belfast aimed at breaking through two bottlenecks in discovery: target validation and identifying novel hits against those targets. They will concentrate their efforts in oncology.

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PRA Expands into New Zealand

Wednesday, April 21, 2010 09:15 AM

PRA International expanded its Asia-Pacific operations into New Zealand, hiring staff there and establishing a legal entity. The New Zealand staff will work closely with PRA’s office in Sydney, Australia. New Zealand is a key research location for studies in skin cancer, multiple sclerosis, and asthma, the CRO said. The country is known for high recruitment rates, an efficient regulatory environment and counter seasonality—which is advantageous to influenza and allergy studies.

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Covance to Close Preclinical Site

Tuesday, April 20, 2010 06:41 AM

Covance is closing a testing site in Kalamazoo, Mich., as part of the CRO’s ongoing efforts to cut back its preclinical services. The site will be closed by November, and, according to published reports, 63 workers will lose their jobs.

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ACRO Funds Global Healthcare Innovation Management Center

Monday, April 19, 2010 07:10 AM

With funding from the Association of Clinical Research Organizations (ACRO) as well as various foundations and grants, Fordham University has established the Global Healthcare Innovation Management Center. The center will be directed by Dr. Falguni Sen, a professor of management systems at the Fordham Schools of Business.

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Oracle to Acquire Phase Forward for $685M

Friday, April 16, 2010 02:37 PM

Business software giant Oracle, already a player in the eClinical space, plans to acquire market leader Phase Forward in a deal valued at approximately $685 million—or $17 per share in cash.

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UBC Partners with Clearstate to Serve Asia-Pacific

Friday, April 16, 2010 09:07 AM

United BioSource Corporation (UBC) partnered with Singapore-based Clearstate, a market intelligence firm focused on the healthcare and pharmaceutical industry. Through this partnership, UBC will offer market access, pricing and reimbursement strategies for drug and device manufacturers in the Asia-Pacific region.

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Independent Review Consulting, Ethical Review Committee Complete Merger

Thursday, April 15, 2010 07:54 AM

California-based Independent Review Consulting (IRC) and Missouri-based Ethical Review Committee (ERC) finalized their merger agreement, creating one institutional review board (IRB)—Ethical and Independent Review Services (E&I). While the individual boards of each company will continue their review of existing clinical trials respectively, all new submissions of business will be accepted and managed by E&I.

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Chiltern Buys Stake in IRT Company

Wednesday, April 14, 2010 07:00 AM

UK-based contract research organization (CRO) Chiltern International is now a minority shareholder in San Francisco technology company endpoint Clinical, a company that provides integrated response technology (IRT) for clinical trials.

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