Synexus acquires PAREXEL and Iatro site management organizations

Synexus Ltd of the UK, which claims to be Europe's largest sitemanagement organization in turnover terms, has acquired two smaller SMOs, one in Scotland and another in Wales, which means that one in six UK citizens is now covered by a Synexus center. The company's chairman, Ian Smith, said that the acquisition of PAREXEL (based in Cardiff) and Iatro of Glasgow, gives Synexus the chance "to broaden our offering to the global pharmaceutical companies for whom we work." He added that the firm can also undertake clinical trials on a much broader range of diseases than before and offer a more efficient service to shorten drug development times "than can any of our European competitors." For further information about Synexus, phone: +44 (0)1257 230723; e-mail: paul.evans@synexus.co.uk.