Trials Firm Buys Trials Vendor

August 14, 2008

PAREXEL International Corp. has closed its acquisition of ClinPhone plc, a vendor of technology to manage clinical trials. The acquisition was valued at approximately $180 million.

Waltham, Mass.-based PAREXEL is a contract research organization serving the pharmaceutical, biotechnology and medical device industries. United Kingdom-based ClinPhone, with U.S. headquarters in East Windsor, N.J., now is part of PAREXEL’s Perceptive Informatics technology subsidiary.

Technologies available via the subsidiary include interactive voice response and Web-based patient recruitment services, electronic data capture and clinical data management software, clinician trials management systems, and an electronic patient-reported outcomes application.

More information is available at clinphone.com and parexel.com.

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