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"The standards of medicine are high" in those countries, said Dr. Alan Wood, Covance's general manager for global clinical development services, and it is easy to recruit patients.
SFBC International, which provides research and development services to drug companies, agreed to buy a closely held research concern, PharmaNet, for $245 million to add clinical development services.
The M100 also carved out positions in Kendle International, a research organization that provides early- to late-stage clinical development services for biopharmaceutical companies.
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One place she visits, the Sleep Disorders Institute in New York, is conveniently located on the same floor of the same building where the contract research organization Clinilabs provides clinical drug development services for drug companies' use.
A growing number of speciality CROs focus on a particular stage of clinical development, or offer services within a specific therapeutic niche.
KENDLE INTERNATIONAL, Cincinnati, a provider of clinical research and development services for drug companies, said it would consolidate three New Jersey offices, in Fort Lee, Princeton and Cranford, into one office in Cranford, and cut about 1percentt of its work force.
The Pharmaceutical and Medical segment involves in the manufacture and sale of pharmaceuticals and medical equipment, the provision of home healthcare services and the clinical development of new drugs.
LabCorp, headquartered in Burlington NC, provides comprehensive clinical laboratory and end-to-end drug development services.
Quintiles, which pioneered the clinical research organization (CRO) industry for outsourced pharmaceutical drug development services, is a prime example of a company employing a visionary approach to strategy.
SCCI also offers study database development services and general consulting on all aspects of clinical data management, database development, regulatory compliance and data security.
On its Web site, Parexel says, "The only services that matter are the ones that speed your product through clinical development".
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