Public or private. Contract research organization (CRO) or technology vendor. If a company specialized in supporting clinical trials, we considered it. It's no surprise: Quintiles is at the head of our inaugural list of the industry's pre-eminent clinically focused outsourcing firms. Most are CROs, but we've also included a handful of leading technology companies because they are larger than all but the very largest CROs. Quintiles, a pioneer of the CRO industry, has $3 billion in revenues, far exceeding its competitors. The closest rival, Covance, comes in at $1.73 billion. Quintiles employs 22,000 people; the next closest is PPD, with 10,500. Top Leaders John Kreger is a financial analyst with William Blair; he has kept an eye on pharmaceutical industry outsourcing for 15 years. (He gave our list a quick inspection but is not responsible for any errors or omissions.) Kreger notes that Quintiles consistently ranks first on his company's survey…more...
Is the pharmaceutical industry managing and assessing electrocardiograms (ECGs) as rigorously as it could? As consistently as it should? Should the FDA transition away from paper ECGs? Jeffrey Litwin has a…more...
Cardiology diagnostics technology firm NewCardio hopes to transform a key sector of the industry: the way cardiac safety is monitored in clinical trials. They’re not there yet, but the company has…more...
Blame Avandia. It was that diabetes blockbuster’s black box warning late in 2007 that got Jonathan Goldman thinking. Chief medical officer of Icon Medical Imaging, Goldman pondered whether the FDA would…more...
Clinilabs, a small Manhattan-based contract research organization (CRO), may have just positioned itself to effectively compete with more established or hulking competitors. Frustrated with the available software for processing electrocardiogram (ECG) data, Clinilabs connected with the tech company Analyzing Medical Parameters for Solutions (AMPS), also based in Manhattan, to come up with something that not only collects…more...
The three founders of Integrium didn’t set out to start a contract research organization (CRO). It just ... happened. It was the mid-1990s. David Smith, Joel Neutel and Michael Weber were southern California-based clinical investigators. In the course of conducting their research at the Long Beach Veterans Affairs Medical Center, they were being asked by pharmaceutical companies…more...
eResearchTechnology (eRT) bought the centralized electrocardiogram business of Covance. The two firms signed an exclusive ten-year marketing agreement in which eRT’s centralized cardiac safety services will be used by Covance clients. “eRT is furthering its commitment as a leader in the cardiac safety field. The scale, expertise, and ancillary technology benefits that will be derived from the…more...
The first issue of the Orange Paper, the first analytical review on market of clinical trials in Russia, has been officially presented. The strategic goals of Synergy Research Group, a Russia-based emerging CRO, are formation of a civilized market of clinical trials in Russia, raising the country’s research attractiveness for foreign sponsors and exoneration of clinical trials…more...
The financial mag says some money manager’s think the selloff of Pfizer has been overdone. And Medtronic, in Barron’s and in a press release, connects to clinical trial patients wirelessly.
The new lab is to be located in Leela Business Park in Mumbai, joining Quintiles’ core clinical research and electrocardiogram (ECG) businesses.
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