PERCEPTIVE INFORMATICS® MEDICAL IMAGING SERVICES RECEIVE TOP RATINGS Leading eClinical Solutions Provider’s Medical Imaging Services Outscored Peers Across Selection Attributes in Blue Pyramid’s Medical Imaging Market Report
Boston, MA, January 18, 2012—Perceptive Informatics®, a leading eClinical solutions provider and a subsidiary of PAREXEL International Corporation (NASDAQ: PRXL), today announced that its medical imaging services were among the top rated of its peer services in an independent survey on the medical imaging market conducted by Blue Pyramid Consulting. The Perceptive Informatics Medical Imaging Group provides expertise in advanced imaging modalities. The group supports biopharmaceutical companies in the use of medical imaging in their clinical trials to make earlier safety and efficacy decisions about their compounds.
Blue Pyramid’s report, which is a source for data on drivers in selecting medical imaging providers for clinical research, surveyed 133 professionals in the biopharmaceutical industry. In the Blue Pyramid analysis, the Perceptive Informatics medical imaging services were among the top rated of its peers in several attributes including operational excellence, customer service and responsiveness, technology ease of use, value, reputation, management, and the ability to bundle other non-imaging services. Respondents also ranked Perceptive Informatics as one of the leading providers they will work with in the future. In the category of therapeutic area expertise, Perceptive Informatics received top rankings for its neurology, oncology, cardiology, and musculoskeletal therapeutic expertise, as well as in other scientific areas.
“The high ratings Perceptive Informatics achieved for medical imaging services reinforce our proven track record of successfully and strategically applying medical imaging in clinical trials to help our clients accelerate their development decisions,” said Kenneth G. Faulkner, Ph.D., Vice President, Medical Imaging, Perceptive Informatics. “We are pleased that the industry has continued to recognize our leading medical imaging experience. We are proud of our world-class team of medical, technology, and regulatory experts, as well as our global capabilities in medical imaging reporting, analysis, and validation.”
The Medical Imaging Group of Perceptive Informatics offers a full range of capabilities in the application of imaging techniques from early clinical development through peri-approval studies. The medical imaging team operates globally and services a wide range of therapeutic areas, including oncology, neurology, rheumatology, cardiology, and endocrinology. The Perceptive Informatics medical imaging technologies are fully validated and in compliance with regulatory guidelines. For more information about Perceptive Informatics medical imaging services visit: http://www.perceptive.com/imaging/.
Information about Blue Pyramid’s Medical Imaging Market Report can be found at http://www.bluepyramidconsulting.com/imaging_report.html.
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About Perceptive Informatics
Perceptive Informatics, a leading eClinical solutions provider and subsidiary of PAREXEL, is focused on helping customers to accelerate the product development process through innovation. Perceptive enables customers to maximize the benefits of clinical trial technologies by providing flexible software-as-a-service (SaaS) applications and leading technology services. The Perceptive Informatics eClinical Suite is built on extensive medical and clinical expertise, as well as a deep understanding of the regulatory environment. The suite includes Randomization and Trial Supply Management (RTSM) technologies, Medical Imaging, Clinical Trial Management Systems (CTMS), Electronic Data Capture (EDC), and Electronic Patient-Reported Outcomes (ePRO). The Perceptive Informatics eClinical Suite blurs the boundaries among systems that traditionally have been used in isolation, resulting in simplified workflow, improved efficiency and enhanced productivity. For more information about the integrated solutions in the Perceptive Informatics eClinical Suite visit www.perceptive.com.
About PAREXEL International
PAREXEL International Corporation is a leading global bio/pharmaceutical services organization, providing a broad range of knowledge-based contract research, consulting, and medical communications 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 67 locations throughout 52 countries around the world, and has approximately 10,850 employees. For more information about PAREXEL International visit www.PAREXEL.com.
This release contains “forward-looking” statements regarding future results and events, including, without limitation, statements regarding expected financial results, future growth and customer demand. 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,” “will,” “would,” “could,” “should,” “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 and anticipated restructurings, including the anticipated additional restructuring charges of approximately $4 million in the second quarter of Fiscal Year 2012; 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; 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 September 30, 2011 as filed with the SEC on November 9, 2011, which “Risk Factors” discussion is incorporated by reference in this press 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.