20-Mar-2007 - PDI almost pulled itself out of the red in the fourth quarter, despite a significant drop in sales.
08-Mar-2007 - In a round-up of motley pharmaceutical services contracts, Outsourcing-Pharma takes a look at deals recently inked by Genpact, Q Pharma, PharmAust, Advanta, Adventis and Merck Serono.
15-Feb-2007 - GlaxoSmithKline (GSK) has decided to consolidate all its human resources business process outsourcing (BPO) services under the one umbrella in a contract valued at $171m (€131m).
31-Jan-2007 - Parexel has announced encouraging financial results for its second fiscal quarter, despite 'disappointing' performance in its medical communications business.
24-Jan-2007 - More companies in the pharmaceutical industry than any other industry are set to increase their reliance on information technology (IT) and business process (BP) outsourcing this year, new research indicates.
11-Jan-2007 - Nearly half of all pharma firm disease management and patient adherence budgets are being spent on outsourcing activities, says new research.
13-Dec-2006 - India is the first choice for foreign companies looking to offshore their knowledge process outsourcing (KPO) activities and future growth will be fuelled by the pharma market, according to a new report.
01-Nov-2006 - The contract sales and marketing business will reach $5.2bn (€4bn) by 2011, as it represents an ideal outsourcing opportunity for pharma companies competing in this fast growing sector, according to new market research.
26-Oct-2006 - Pharmaceutical companies are beginning to catch up with other industry sectors that take an increasingly realistic view of what they consider a core competency and outsourcing what is left - Outsourcing-Pharma takes a snapshot of the scene.
25-Oct-2006 - Pharma companies that aren't maximising their outsourcing potential in clinical research may be wasting a world of opportunity. OutsourcingPharma.com gives a brief run down of exactly what kinds of services and providers are out there just waiting to be used.
19-Oct-2006 - GlaxoSmithKline (GSK) has told contract sales organisation (CSO) PDI that it will not renew its sales contract with the firm at the end of the year, signalling a devastating $65m-$70m loss in annual revenue for the struggling firm.
18-Aug-2006 - Pharmaceutical companies are spending big on market research during the early stages of drug discovery.
15-Aug-2006 - Astellas Pharma US has chosen to outsource its prescription drug sample accountability and compliance processes to Dendrite International.
18-Jul-2006 - Outsourced sales training is on the upswing in the US while the rest of the world is lagging behind.
04-Jul-2006 - As financial pressures continue to plague the pharma industry, firms should consider taking more advantage of sourcing staff in cheap labour markets in order to save a buck.
01-Jun-2006 - Troubled contract sales and marketing firm PDI has recently won a much-needed new sales contract and made two new top executive appointments as part of ongoing efforts to turn its flagging business around.
13-Apr-2006 - After three acquisitions in two months, inVentiv Health has now expanded capacity in two of its divisions to meet the needs of its jump in client base.
28-Mar-2006 - inVentiv Health (Formerly Ventiv Health) saw its fourth quarter profits dive in 2005 by 37 per cent after being hit by higher interest expenses and an income tax provision, however, the company managed to increase its sales for the quarter by 49 per cent to generate $175.3m (€146m) in revenue, driven primarily by growth in its sales teams and patient assistance business.
21-Mar-2006 - Ventiv Health has spent the last month buying up companies. After buying Aheris in February, the company has since agreed to acquire US clinical services provider Synergos, as well as Canadian healthcare marketing and communications agency, Jeffrey Simbrow Associates. Meanwhile, Ventiv has also expanded an existing sales contract with Boehringer Ingelheim.
21-Mar-2006 - The Pharmaceutical Institute, provider of specialised knowledge for the pharma industry, is now providing custom research services to cater for those with complex research needs.
09-Mar-2006 - With a 30 per cent grip on the $100m (€84m) global customer relationship management (CRM) market from its dealings in the US, C3i is now taking on Europe - a market that holds similar potential to the US - and finding little competition in its path.
07-Mar-2006 - AstraZeneca has pulled the plug on a long-running service contract with PDI, adding another blow to the company who last week reported a dive from profit to loss in 2005, with a net loss of nearly $20m (€16m), versus net income of $21m in 2004, reflecting the company's underperformance in generating new business.
21-Feb-2006 - Chiltern is expanding its clinical trial services business in India, and in doing so will be the first company to provide specialised staff recruitment services for the Indian clinical research industry.
16-Feb-2006 - Ventiv, which conducts clinical, sales, marketing and communications services for the pharma industry, has added a new arm to its business after agreeing to buy Adheris, a leading provider of patient adherence programs.
26-Jan-2006 - Emerging biopharmaceutical company, Align Pharmaceuticals, has enlisted sales and marketing services provider, PDI, to provide a 40-person sales force for its three newly acquired oncology products.