Western IRB Sells Majority Stake to Boston Ventures
Private equity firm Boston Ventures has bought a majority stake in Western IRB (WIRB), a Seattle, Wash.-based independent review board (IRB). Financial terms were not disclosed. IRBs review research sponsored by organizations such as academic institutions and pharmaceutical companies. WIRB is one the largest IRBs worldwide. The company has about 300 employees and works in 34 countries.
PHT Taps Japanese Marketplace with Mebix Partnership
Charlestown, Mass.-based electronic patient reported outcomes (ePRO) company PHT has entered into a partnership with Mebix, a data management and evidence-based medicine monitoring solutions company based in Japan. Mebix will provide PHT with sales support, project management and study monitoring at the local level. PHT already has four trial projects through the Mebix partnership.
