ICON and ACRONET Sign Alliance Agreement in Japan

April 21, 2011

Company News Release

ICON

and

ACRONET

announced they have signed an alliance agreement. Through the agreement, ICON and ACRONET will collaborate to offer global and Japanese pharmaceutical clients a full range of clinical development capabilities to manage trials on a regional or global basis.

With headquarters in Tokyo and additional offices in Osaka, Fukuoka, and New York, ACRONET employs around 500 clinical development professionals. ICON has been operational in Japan since 1995 and offers a wide range of clinical development services and contract staffing from its offices in Tokyo and Osaka.

Commenting on the alliance, Alan Morgan, ICON’s Group President, Clinical Research Services, said, “Japan is an important center for clinical research and ICON has a well established presence there. Recent changes in the regulatory landscape mean that an increasing number of Japanese based pharmaceutical companies are looking to run development projects on both a domestic and pan regional basis. The alliance between ICON and ACRONET will benefit clients, who can be assured of a wider range of quality drug development services alongside truly global expertise.”

Shogo Nakamori, ACRONET’s President & CEO, said, “The number of global clinical trials involving the triad regions of US, EU and Japan has increased gradually in recent years and this trend will continue to accelerate.  This is one of the challenging areas for the Japanese pharmaceutical industry and ACRONET is now ready to contribute and support the above challenging areas through this alliance with ICON.”

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