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Parexel Pursues ClinPhone in Takeover Bid

UK-based eClinical company ClinPhone rejected a preliminary takeover offer from Parexel International, a contract research organization (CRO) based in Waltham, Mass. Although financial details were not disclosed, ClinPhone said it considered the offer too low.

Interspond Merges with Paramount Research Consortium

Madison, Wis.-based trial management organization (TMO) Interspond has merged with Paramount Research Consortium, a TMO based in Wisconsin Rapids, Wis. Interspond works with a net work of 140 multi-therapeutic sites that it services in a nonexclusive relationship model. Unlike Interspond, Paramount operated under a site membership model. Sites paid a monthly fee to the company in exchange for business development services

Other breaking news...      

ICON reports big fourth quarter revenue increase...
ACS launches new version of its CTMS product...      

Company Profile: An interview with Faye Woolf, chief executive officer, and Betsy Brown, chief operating officer, Trio Clinical Research