Top Stories for the Week of July 30th 2007
PRA International Agrees to Genstar Capital Buyout
In a move that will take Reston, Va.-based contract research organization (CRO) PRA International off the public market, the company has entered into an agreement to be purchased by Genstar Capital, a private equity group based in San Francisco. The deal is valued at $790 million.
PharmaNet Builds on Phase I Business with Toronto Facility
Princeton, N.J.-based contract research organization (CRO) PharmaNet Development Group is rejuvenating its early stage operations with the construction of a 160-bed, 40,000-square-foot, facility in Toronto, Canada.
Other Breaking News:
- China and India join WHO clinical trials registry...
- Target Health Memphis inks deal with arGentis Pharmaceuticals...
Company Profile: An interview with Matt Baker, president and chief executive officer, Compass IRB
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