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Home » The CenterWatch Weekly, February 13, 2017

The CenterWatch Weekly, February 13, 2017

February 13, 2017
CenterWatch Staff

Parexel acquires The Medical Affairs Company to leverage SMLs and expand in international markets

The Medical Affairs Company (TMAC), a full-service CRO for the medical device and pharmaceutical industries, has re­cently been acquired by Parexel, a worldwide biopharmaceutical clinical trials company. Parexel intends to utilize many of the current services offered by TMAC, including medi­cal science liaisons (MSLs) and clinical nurse educators.

A cautiously optimistic healthcare M&A outlook for 2017

Although 2016 was a lackluster year for megadeals in healthcare, a recent flurry of big deals has Wall Street investors cautiously optimistic that 2017 will bring new mergers and big-ticket acquisi­tions. An increasingly competitive landscape in healthcare, coupled with signs that the new U.S. presidential administration may usher in more business-friendly policies, could spur major deals in the upcoming year.

 

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