Parexel International

Latest Headlines

Latest Headlines

Parexel amps up its imaging focus in rebranded informatics biz

Parexel International is looking to scale up its capabilities in medical imaging for clinical trials, expanding its eClinical outfit and appointing an industry veteran to steer the way.

Parexel eyes Asian trials with Singapore expansion

Parexel is stretching its global network of clinical trial supply operations with a new distribution center in Singapore, bringing the facility online to better support studies across the globe.

Parexel expands its regulatory reach with latest move

Global CRO Parexel International is looking to expand its regulatory consulting, launching a dedicated unit focused on the post-approval needs of drug and medical device developers.

Parexel's rebranding makes a perceptible shift in its eClinical biz

Almost 10 years after closing a deal for the eClinical-focused Perceptive Informatics, CRO giant Parexel International is grafting its own name onto the subsidiary, part of a sweeping rebranding effort the company hopes will help nail down more partnerships.

Parexel rebounds from a shaky fall as sales jump 15%

After a hiccup in new business alarmed investors and overshadowed steady gains, Parexel righted the ship in its second fiscal quarter, boosting its new contracts and growing revenue by about 15%.

Parexel ups its expectations after a late-year stumble

Last year, Parexel watched its stock price drop after reporting an unexpected decline in net new business, but that was a mere blip and not the beginnings of an alarming trend, the CRO said, boosting its expectations for the next quarter.

Analyst: CROs like Covance and Icon will take the lead on IT and genomics

With the spiraling amount of time and money needed to bring a drug to market weighing heavy on their Big Pharma clients, CROs have invested in efficiency boosting technology to gain a competitive edge. And the trend is tipped to continue, with an analyst predicting CROs will be at the forefront of developments in IT and genomics in 2014.

Can Parexel regain some confidence after a major slip?

Analysts have high hopes for the world's largest CROs, which continue to expand their market shares in an ever-consolodating industry, but Massachusetts giant Parexel broke from the pack last quarter with a costly stumble. Now, as the company gears up for another earnings release, investors will be watching closely to see whether CEO Josef von Rickenbach has corrected its course.

Sluggish Parexel could be poised for a long-term turnaround

Parexel International startled investors last quarter when its net new business dropped 30% from the previous three months.

Parexel: Strategic partnerships are the future

The transactional model that once accounted for all CRO business is rapidly losing steam, Parexel International tells  Outsourcing-Pharma, as Big Pharma sponsors recognize the benefits of deeper-seated strategic partnerships