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Parexel (PRXL) Enters Agreement to Acquire ExecuPharm

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PAREXEL Announces Execution of Definitive Agreement to Acquire ExecuPharm

September 26, 2016 9:00 AM EDT

Acquisition will strengthen and add scale to current functional services offering to meet growing demand

BOSTON--(BUSINESS WIRE)-- PAREXEL International Corporation (NASDAQ: PRXL), a leading global biopharmaceutical services provider, today announced that the Company has entered into a definitive agreement to acquire ExecuPharm, Inc. (ExecuPharm), a leading, global functional service provider (FSP) serving the biopharmaceutical industry. The acquisition is expected to close in the next three weeks. Terms of the transaction were not disclosed.

Established in 1995, ExecuPharm provides clients with qualified professionals across functional areas, such as clinical monitoring or study management,... More