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Parexel Makes Bid To Acquire ClinPhone

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Parexel International has reached an agreement to acquire ClinPhone, a clinical technology organization headquartered in Nottingham, UK. The acquisition is based on the offer price of approximately $182 million.     Josef von Rickenbach, chairman and chief executive officer of Parexel, said, “As the use of technology has expanded in the conduct of clinical research, Parexel has been a leader in helping to advance the convergence of services and technology in the market. Biopharmaceutic...

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