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Bioengineering
PAREXEL International Completes Acquisition of APEX International Clinical Research Co., Ltd.
October 8th, 2007
PAREXEL International Corporation (NASDAQ:PRXL), a leading global biopharmaceutical services organization, announced the successful completion of the acquisition of Taiwan-based APEX International Clinical Research Co., Ltd. ("APEX"). The acquisition strengthens PAREXEL's global capabilities, providing clients with a wide range of clinical research service offerings throughout the Asia- Pacific region, including mainland China, Hong Kong, India, Taiwan, Singapore, Indonesia, South Korea, Malaysia, Thailand, the Philippines, New Zealand, and Australia. PAREXEL (Taiwan), Inc., a wholly owned subsidiary of PAREXEL, initiated a Tender Offer on June 29, 2007 to purchase all...
Source: Biotech Business Week (2007-10-08)
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