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inVentiv Health To Acquire Kforce Clinical Research

Will join functional service provider and staffing businesses

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By: Tim Wright

Editor-in-Chief, Contract Pharma

inVentiv Health, Inc. has signed a definitive agreement to acquire Kforce Clinical Research, Inc. (KCR) for $50 million in cash. KCR will be combined with inVentiv’s existing functional service provider (FSP) and staffing businesses within the clinical segment. The transaction is expected to close at the end of March 2012. KCR’s clinical services include: site management and monitoring, clinical project and program management, clinical programming and data management, biostatistical analysis an...

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