CWWeekly January 7th 2008 Issue
PPD Completes New Leadership Appointments in Global Move
Wilmington, N.C.-based contract research organization (CRO) PPD continues revamping its global operations with the appointment of Sebastian Pacios, M.D., hired to lead as a senior vice president, the CRO's European, Middle East and Africa operations. Last year, PPD set out to break its phase II-IV operations into four separate territories: North America; Latin America; Europe, Middle East and Africa; and Asia. PPD has been steadily appointing new leaders to these regions since then. PPD’s move is more evidence of the emphasis CROs are now putting on global expansion, as more sponsors push for overseas trials. 2007 saw significant CRO expansions into emerging markets as companies worked hard to keep up with pharma and biotech.
Medpace Enters Early Stage Business
Cincinnati-based contract research organization (CRO) Medpace launched a 50-bed phase I/IIa unit, beginning the company's first foray into the early stage clinical trial outsourcing business. The group—called the Medpace Clinical Pharmacology Unit—will be the company’s third subsidiary following Imagepace, a core imaging laboratory, and its central lab, Medpace Reference Laboratories.
Other breaking news...
- Quintiles in recapitalization deal with Bain Capital and 3i Group...
- Odyssey Research in partnership with Aspen Medical Group...
Company Profile: An interview with Elise Huszar, MBA, president, The Geneva Foundation
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