Quintiles

News

Quintiles launches new China CRO Kun Tuo

Quintiles is expanding its reach in the Asia-Pacific region with the launch of Kun Tuo, a new contract research organization in China. The new CRO will serve pharmaceutical companies in China as well as multinational biopharma companies that have operations in the country. Kun Tuo will also tap the resources of Durham, North Carolina-based Quintiles, […]

Pharma

Samsung, Biogen Idec form $300M biosimilars joint venture

Samsung Biologics, the drug manufacturing business that a South Korean conglomerate formed earlier this year with the help of pharmaceutical services firm Quintiles, is partnering on a $300 million initiative with Biogen Idec (NASDAQ:BIIB). The joint venture, which will be based in South Korea, will develop, manufacture and market biosimilars, biological products that are similar […]

Pharma

Quintiles sells stake in Singapore joint venture Invida

Following a flurry of Quintiles acquisitions, the pharmaceutical services company now has news of a sale. Quintiles has sold its minority stake in drug commercialization joint venture Invida six years after forming the Asia Pacific-focused company with two other strategic investors. Menarini Group, a private Italian pharmaceutical company, has acquired all of Singapore-based Invida. Financial […]

Pharma

Quintiles boosts early phase capabilities with Advion acquisition

Quintiles‘ M&A activity continues as the company announced it will acquire clinical research organization Advion BioServices — Quintiles’ third deal in the last week. Advion provides bioanalytical lab services that help pharmaceutical companies understand how a drug performs in the body. A definitive agreement to acquire the Ithaca, New York-based CRO was signed today. Financial […]

presented by
News

Quintiles buys late-phase drug researcher Outcome Sciences

Quintiles announced its second strategic acquisition of the day, a deal to buy late phase pharmaceutical research firm Outcome Sciences. Durham, North Carolina-based Quintiles earlier today announced acquisitions of pharmaceutical marketing and commercialization firm VCG & Associates and its subsidiary VCG BIO. Outcome Sciences, based in Cambridge, Massachusetts, conducts late-stage and post-marketing research on drugs. […]

Pharma

Quintiles acquires VCG to build drug commercialization capabilities

Quintiles has acquired pharmaceutical commercialization and marketing  firm VCG & Associates and its subsidiary, VCG Bio, in a move to bolster the company’s drug capabilities to bring new drugs to market. Durham, North Carolina based Quintiles, already the largest clinical research organization or CRO, has been taking steps to build its drug commercialization offerings in […]

News

Quintiles names Teleflex executive to worldwide controller post

Quintiles has named a former executive from medical devices company Teleflex (NYSE:TFX) to a top financial position at the pharmaceutical services firm. Charles Williams will serve as worldwide controller for Durham, North Carolina-based Quintiles, reporting directly to the company’s CFO Kevin Gordon. Williams had served as corporate controller and chief accounting officer for Teleflex, a […]

News

Quintiles picks Takeda exec for chief medical, scientific officer post

Quintiles has a new chief medical and scientific officer. The Durham, North Carolina-based clinical research organization named Dr. Jeffrey Spaeder to the position on Wednesday. He succeeds Dr. Oren Cohen, who had served as the company’s chief medical officer since 2004. Cohen now leads Quintiles phase 1 clinical research business. Spaeder comes to Quintiles from […]

Pharma

Quintiles invests in Swiss pharma researching Alzheimer’s, diabetes

Quintiles is putting money into a Swiss pharmaceutical company that has drug candidates for Alzheimer’s disease and type 2 diabetes approaching clinical trials this year. Durham, North Carolina-based Quintiles has struck up a strategic alliance with Swiss drug development company Kareus Therapeutics, which is readying for clinical trials on the two compounds.  Financial terms were […]

News

Quintiles partners with genomics testing company PGT

Quintiles is partnering with British genomics testing company Population Genetics Technologies in a move that broadens the clinical research organization’s capability to bring genetic testing and analysis into the clinical development of drugs. Durham, North Carolina-based Quintiles said it will work with PGT to find opportunities for large-scale genomic analysis, tests that use samples from […]

News

Quintiles dusts off plans for $2 billion in bank financing

Quintiles is resuming its plans to raise more than $2 billion in bank financing. The Durham, North Carolina, clinical research organization announced late Tuesday that it would enter into a new $2.2 billion credit facility, with proceeds from the borrowed money being used to refinance $1.7 billion in existing debt, including an offer to buy […]