Parexel, a provider of solutions to accelerate the development and delivery of innovative new therapies to market to improve world health, from Clinical through to Commercialization, announced the expansion of its capabilities to optimize drug development and commercialization in Asia/Pacific through a new Hong Kong presence established by its strategic healthcare consulting Health Advances subsidiary.
The opening of Health Advances Asia Limited leverages the firm’s 20+ years of experience in the Asia/Pacific region to help both local and multi-national companies looking to expand their global footprint. Health Advances’ locally-based, multilingual Hong Kong team will be led by Gary Cheng, who joins Health Advances with more than 30 years’ experience in the pharma, biotech, and medtech industries with such companies as Novartis, BD, Chiron Corporation, Alere, and Aventis (acquired by Sanofi). Additionally, Vivek Mittal, a long-time Partner at Health Advances in its San Francisco office, is now also based in Hong Kong and will work closely with Gary and the rest of the team to assist clients with their business needs.
Health Advances provides business strategy, scientific and clinical expertise along with a deep knowledge of product development considerations, referral patterns and economic conditions that can impact the adoption of healthcare products and services. Health Advances’ strategic consulting is a key component of Parexel Biotech, the company’s division focused on helping emerging companies chart the fastest, most-efficient course to accomplish their drug development goals. Health Advances’ local team, along with its more than 160 global employees, will provide strategic consulting support to the healthcare industry across Asia/Pacific, including Greater China, Japan, South Korea, Australia, India and South East Asian Countries.
“For both local companies in Asia/Pacific and global companies looking to expand into the region, taking advantage of the rapid economic growth in the local healthcare market requires thoughtful and strategic business decisions,” said Paula Ness Speers, Health Advances’ Co-Founder and Managing Director. “Building on our long history of helping companies explore and evaluate opportunities in the Asia/Pacific region and assisting locally-based companies looking to expand beyond their borders, we’re excited to have part of our consulting team now based full-time on the ground in the region to readily support customers in this growing market.” She continued, “Under Vivek and Gary’s leadership, our local team is well-equipped to help clients across the healthcare sector, including biopharmaceutical, medtech, diagnostics, health IT and digital health, and healthcare services as well as investors in healthcare businesses understand and capitalize on both local and global opportunities.”
With Health Advances Asia Limited, Parexel now has eight offices, more than 1,700 employees across all functions in Greater China and more than 8,000 employees in the Asia/Pacific region.
Including Women of Childbearing Age in Clinical Research
March 26th 2024In recognition of International Women's Month, we're featuring this recent talk between Associate Editor Miranda Schmalfuhs and Marie Teil, Global Head of UCB’s Women of Childbearing Age Program. They speak about the specific challenges women with chronic illnesses face when accessing appropriate treatment and participating in clinical trials, UCB's Women of Childbearing Age Program and it’s most successful strategies, and much more.
Regulatory Compliance With eCOAs
April 26th 2024In the fourth and final part of this video interview with ACT editor Andy Studna, Melissa Mooney, director, eCOA sales engineering, IQVIA discusses how the regulatory stance on electronic clinical outcome assessments has changed over the years and what it could look like in the future.
Improving Engagement While Maintaining Data Integrity & Validity
March 19th 2024In recognition of Women's Health Month, we're featuring this recent talk between Associate Editor Miranda Schmalfuhs and uMotif's Chief Product Officer, Julia Lakeland, discuss new technologies improving patient engagement and reducing the emotional and logistical burdens of participation, ethical considerations that should be addressed when implementing those technologies, while ensuring patient privacy, and much more.
Using Patient Reported Outcomes in Dermatology Trials
April 25th 2024In part 3 of this video interview with ACT editor Andy Studna, Melissa Mooney, director, eCOA sales engineering, IQVIA sheds light on the unique challenges of dermatology trials and how clinical outcome assessments can be implemented in them.