Frost & Sullivan Webinar
CRO Outsourcing to Grow 40%
According to research firm Frost & Sullivan, the global outsourcing market is poised to get far larger, and fast.
By design, electronic data capture (EDC) systems are utilitarian. Clinical data managers need a secure, electronic way to collect and change medical information. As such, EDC systems are about as scientific as a box of ballpoint pens. But that could be poised to change with the unheralded purchase of a small clinical trial technology firm in France. At the end of 2010, Merge Healthcare of Milwaukee, Wisconsin, bought Kika Medical of Paris for a net price of $2.03 million in Merge stock, once reserves for potential future litigation and other withheld shares are tallied up. Jon DeVries, general manager of the eclinical division at Merge, notes that Kika's EDC package includes the ability to adjudicate clinical endpoints. Although several technology firms and contract research organizations (CRO) can provide endpoint adjudication services, DeVries says that Kika's solution is uniquely embedded in an EDC package and comprehensive—wrapping up the process in an end-to-end…more...
Trio Clinical Research may not be in the rapid growth mode it was forecasting last year when its owners sold a majority stake to two equity groups. But things are moving…more...
The corporate parent of contract research organization (CRO) Chiltern bought MDS Pharma's central labs. Last week, private investment group Czura Thornton agreed to pay $8 million for the labs and an…more...
What's to become of the contract research organization (CRO) industry while the economy attempts to right itself? According to a recent report by Frost & Sullivan, there's good news: the CRO…more...
Atlantic Research Group (ARG) has become the first U.S.-based contract research organization (CRO) to join up with Pharmaceutical Services Network (PSN), a tightly knit, Netherlands-headquartered group of small to medium-sized CROs in Europe. The thrust of the network? To provide small CRO service (read: high quality and much personal attention) to small and medium-sized pharmaceutical and biotechnology…more...
Quanticate is the most established biometrics-oriented contract research organization (CRO) you’ve never heard of. Quanticate is the new name for the marriage of two U.K.-based, heavyweight biostat-centric CROs that merged last year, Statwood and Oxford Pharmaceutical Sciences. Things have really been moving fast for the new entity. The company announced its first official U.S. presence in July…more...
PPD (Nasdaq: PPDI) is already a pretty big player in Eastern and Central Europe, but its footprint there is about to get bigger. Last week, the Wilmington, N.C.-based contract research organization (CRO) announced plans to acquire AbCRO, a Bulgarian CRO founded eight years ago by two Americans. The price: $30 million. The deal, if finalized, gives PPD…more...
Say you need someone to do something for you in Singapore. It turns out it’s rude to leave someone a few voice mail messages. Even several email requests are a bit of a no-no. Instead, communication via so-called “text” or short messaging systems (SMS) is the norm and the Emily-Post approved technique. That works for Pfizer. The…more...
According to research firm Frost & Sullivan, the global outsourcing market is poised to get far larger, and fast.
Four clinical organizations in Massachusetts have come together to help regions that want to get more of the global medical research pie.
A Cincinnati-based CRO plans to stay medium-sized and private, despite a tidal wave of work that has started to come its way.
Ohio-based Prologue is doing well, thanks to expertise and surging market conditions. The company is choosy about hiring.
With news about Pharsight, Octagon Research Solutions, ClinTec International, DecisionView and TomorrowNow.
Plus bulletins about AAI Pharma, data management in India, Parkinson’s disease.
Bulletins for October 11, 2007
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