PAREXEL EXPERT TO ADDRESS VALUE OF INCORPORATING ASIA INTO GLOBAL CLINICAL DEVELOPMENT AT BIOMEDICAL ASIA 2009
Boston, MA, March 12, 2009 – Albert Liou, Corporate Vice President and General Manager, Asia/Pacific Region at PAREXEL International Corporation (NASDAQ: PRXL), a leading global biopharmaceutical services provider, will present “The True Value of Incorporating Asia into a Global Clinical Development Strategy” at the BioMedical Asia 2009 conference, to be held March 16 - 19, 2009 at the Suntec Singapore International Convention & Exhibition Centre in Singapore. Mr. Liou will discuss how biopharmaceutical companies can further expedite and improve the efficiency of studies in the Asia/Pacific region. He will also address the pros and cons of conducting clinical trials in Asia, specifically in China, Japan, South Korea and Taiwan. PAREXEL’s presentation takes place on Wednesday, March 18 at 11:05 a.m. as part of the Clinical Operations and Partnering Track.
With 15 locations throughout the Asia/Pacific region, including an office in Singapore, PAREXEL helps clients address key challenges in conducting studies in the Asia/Pacific region and globally, including accessing diverse patient populations, navigating regulatory issues, identifying investigators, and ensuring data quality. PAREXEL has had a long-term commitment to providing a high level of standardization and quality clinical development services the Asia/Pacific region. For over 25 years, PAREXEL has been a proven and committed partner to pharmaceutical, biotechnology, and medical device companies looking to bring innovative new products to market. PAREXEL has extensive experience in providing comprehensive worldwide services to companies of all sizes. With deep expertise and capabilities in consulting, clinical research, eClinical technologies, and medical communications, PAREXEL has helped drive the success of thousands of its clients’ development programs, and has assisted clients in getting their products to patients in need.
PAREXEL is a sponsor of the BioMedical Asia 2009 conference. Attendees at the conference can visit PAREXEL experts at Booth B01 in the exhibit hall to discuss PAREXEL’s capabilities to assist biopharmaceutical companies with global clinical development programs including Asia, and with multi-national trials in the Asia/Pacific region.
For more information about PAREXEL’s capabilities in Asia and other emerging regions visit http://www.parexel.com/emerging-regions.html. More information about BioMedical Asia 2009 can be found at http://www.terrapinn.com/2009/bma/index.stm.
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About PAREXEL International
PAREXEL International Corporation is a leading global biopharmaceutical services organization, providing a broad range of knowledge-based contract research, medical communications and consulting services to the worldwide pharmaceutical, biotechnology and medical device industries. Committed to providing solutions that expedite time-to-market and peak-market penetration, PAREXEL has developed significant expertise across the development and commercialization continuum, from drug development and regulatory consulting to clinical pharmacology, clinical trials management, medical education and reimbursement. Perceptive Informatics, Inc., a subsidiary of PAREXEL, provides advanced technology solutions, including medical imaging, to facilitate the clinical development process. Headquartered near Boston, Massachusetts, PAREXEL operates in 71 locations throughout 51 countries around the world, and has over 9,250 employees. For more information about PAREXEL International visit www.PAREXEL.com.
This release contains "forward-looking" statements regarding future results and events. For this purpose, any statements contained herein that are not statements of historical fact may be deemed forward-looking statements. Without limiting the foregoing, the words “believes,” “anticipates,” “plans,” “expects,” “intends,” “appears,” “estimates,” “projects,” “targets,” and similar expressions are also intended to identify forward-looking statements. The forward-looking statements in this release involve a number of risks and uncertainties. The Company’s actual future results may differ significantly from the results discussed in the forward-looking statements contained in this release. Important factors that might cause such a difference include, but are not limited to, risks associated with: actual operating performance; actual expense savings and other operating improvements resulting from recent restructurings; the loss, modification, or delay of contracts which would, among other things, adversely impact the Company’s recognition of revenue included in backlog; the Company’s dependence on certain industries and clients; the Company’s ability to win new business, manage growth and costs, and attract and retain employees; the Company’s ability to complete additional acquisitions and to integrate newly acquired businesses or enter into new lines of business, including, but not limited to, the successful business integration and anticipated synergy achievements in connection with the ClinPhone acquisition; the impact on the Company’s business of government regulation of the drug, medical device and biotechnology industry; consolidation within the pharmaceutical industry and competition within the biopharmaceutical services industry; the potential for significant liability to clients and third parties; the potential adverse impact of health care reform; and the effects of exchange rate fluctuations and other international economic, political, and other risks. Such factors and others are discussed more fully in the section entitled “Risk Factors” of the Company’s Quarterly Report on Form 10-Q for the quarter ended December 31, 2008 as filed with the SEC on February 9, 2009, which “Risk Factors” discussion is incorporated by reference in this press release. The forward-looking statements included in this press release represent the Company’s estimates as of the date of this release. The Company specifically disclaims any obligation to update these forward-looking statements in the future. These forward-looking statements should not be relied upon as representing the Company’s estimates or views as of any date subsequent to the date of this press release.
PAREXEL is a registered trademark of PAREXEL International Corporation, and Perceptive Informatics is a trademark of Perceptive Informatics, Inc. All other names or marks may be registered trademarks or trademarks of PAREXEL International Corporation, Perceptive Informatics, Inc. or their respective owners and are hereby acknowledged.