Biotechnology

PRL Central Laboratory Services announces regional agreement with Kansas organization

Published in Biotech Law Weekly, February 23rd, 2007

PRL Central Laboratory Services entered into a laboratory testing agreement with the Kansas Bioscience Organization (KansasBio) to establish a regional collaboration.

Under the terms of the agreement, PRL will provide price incentives for safety and efficacy laboratory testing, toxicological testing, and employee health screening services to KansasBio and its member companies.

It typically takes close to 10 years and nearly one billion dollars to test a new drug or device for commercial application. PRL plays a critical role in the process by testing the safety of the drug or device as it affects the patient during clinical trials. The data generated...

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Source: Biotech Law Weekly (2007-02-23)

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