PAREXEL to Acquire ExecuPharm

PAREXEL has entered into a definitive agreement to acquire ExecuPharm, a global functional service provider (FSP) serving the biopharmaceutical industry. The acquisition is intended to address sponsors’ growing usage of combining different outsourcing models. The FSP offers the ability to outsource specific trial functions tactically, on a particular trial, or strategically to constitute or supplement an entire department.

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