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| Acquisition provides customers improved access to Middle East and North Africa region as well as Southern Europe |
Raleigh, NC, Mar 7, 2014 - (ACN Newswire) - INC Research, LLC, a therapeutically focused global clinical research organization (CRO) with a Trusted Process(R) for delivering reliable results, today announced it has acquired MEK Consulting, a leading clinical monitoring-focused CRO based in Lebanon with operations in Greece, Turkey and the Middle East and North Africa (MENA) region. The move supports INC's strategic business expansion in high-growth regions to deliver global trials for its biopharmaceutical customers, and positions the Company as a leading drug development partner in MENA, which offers access to more than 200 million new patients.
"The MENA region offers significant opportunities for new drug development due to its large patient populations, highly qualified medical personnel and increasingly sophisticated regulatory environments," said INC Research Chief Executive Officer Jamie Macdonald. "The acquisition of MEK Consulting provides INC Research's customers with access to this expanding region for biopharmaceutical development and further demonstrates our commitment to connect them to everything they need to conduct their trials."
The acquisition builds on INC Research's longstanding relationship with MEK Consulting, which spans more than a decade. Founded in 1999 by Myriam El-Khazen and Selim Dagher, MEK Consulting has strategically grown to become one of the most experienced and respected CROs in the region. With more than 40 employees across five countries and experience on more than 120 studies, MEK Consulting is a clinical monitoring-focused CRO that offers a well-established infrastructure and complementary therapeutic expertise, including oncology, general medicine and rare diseases. Myriam El-Khazen and Selim Dagher will assume the roles of General Manager and Executive Director, Commercial Operations, respectively, with overall responsibility for managing INC Research's presence in the region. MEK Consulting will operate as INC Research and will conduct business under the INC Research name.
"We are very excited to be joining INC Research," said Myriam El-Khazen. "We believe this acquisition will bring the MENA region and Southern Europe to a new era in clinical research. This will be advantageous for our customers, the patients in the region and our company. Being part of INC Research, one of the world's leading CROs, will enable us to bring more trials to the region, benefiting patients and health institutions while providing biopharmaceutical companies access to the capabilities and resources of a global organization."
About INC Research
INC Research is a therapeutically focused clinical research organization with a high-performance reputation for conducting global clinical development programs of the highest integrity. Pharmaceutical and biotechnology companies look to us for a complete range of customized Phase I to IV programs in all therapeutic areas and patient populations. Our Trusted Process(R) methodology and therapeutic foresight lead customers to better-informed product development decisions, while our solid site relationships are a critical success factor in delivering clinical trial results on time and on budget. INC was ranked "Top CRO" by sites worldwide in the 2013 CenterWatch Global Investigative Site Relationship Survey. INC Research is headquartered in Raleigh, NC. For more information, please visit www.incresearch.com or follow us at @inc_research.
Contact:
Lori Dorer, Media
+1-513-345-1685
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: INC RESEARCH, LLC via Globenewswire
Topic: General Announcement
Source: INC Research, LLC
https://www.acnnewswire.com
From the Asia Corporate News Network
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