WuXi adds US-based clinical research firm to CRO business

By Maggie Lynch contact

- Last updated on GMT

(Image: Getty/photographer is my life)
(Image: Getty/photographer is my life)

Related tags: Wuxi apptec, Wuxi, clinical services, Clinical development, biometrics, preclinical development

WuXi AppTec acquires Pharmapace to bolster its biometrics and clinical development service offerings worldwide.

Following the transaction, financial terms of which were not discosed, Pharmapace will become a wholly-owned subsidiary of WuXi AppTec’s clinical contract research organization (CRO) arm, WuXi Clinical.

Pharmapace, a US-based clinical research services company, provides biometrics services across all phases of clinical trials, including clinical and statistical programming, data management, biostatistics, clinical data integration, and medical writing.

Based in San Diego, CA, the addition of Pharmapace enables WuXi Clinical to provide global customers with around-the-clock service.

“This acquisition further enhances WuXi Clinical’s drug development expertise and biometrics capabilities and lays the foundation for the creation of an integrated global biometrics service platform to efficiently and cost-effectively provide customers seamless biometrics services globally,”​ said Edward Hu, co-CEO of WuXi Apptec in a statement.

In addition to providing full clinical development services, WuXi clinical is a functional service provider (FSP).

Larry Shen, president and CEO of Pharmapace, added, “This combination now allows us to leverage WuXi Apptec’s vast resources to offer customers a truly global solution from preclinical development to clinical development and regulatory submission.”

WuXi AppTec has not responded to a request for comment.

Chinese regulatory reform

After the passing of regulatory reforms​, China can now accept clinical trial data from outside countries, creating opportunities for regional and global collaboration.

Following this change, among other recent reforms, WuXi AppTec acquired US-based ResearchPoint Global​ to expand its clinical research capabilities.

With the acquisition of Pharmapace, WuXi Clinical will have more than 850 employees in China and the US.

Related news

Show more

Related products

show more

Stability Testing As a Quality Control Measure

Stability Testing As a Quality Control Measure

Frontage Laboratories | 19-Jun-2019 | Technical / White Paper

Stability testing is, in essence, a quality control process and is there¬fore a vital component of every phase of clinical development for both large and...

Import Risks & Clinical Supply Depots

Import Risks & Clinical Supply Depots

Catalent Pharma Solutions | 07-Nov-2018 | Case Study

A sponsor running a clinical trial in Israel arranged to ship their clinical trial product from Europe to a depot in Israel. With the protocol based in...

Discover Fermion’s new API unit 4 in Hanko

Discover Fermion’s new API unit 4 in Hanko

Recorded the 04-Sep-2018 | Webinar

Join this webinar to learn more about Fermion’s new manufacturing unit 4 at the Hanko site. This webinar will provide virtual tour to our new state of...

Related suppliers

Follow us

Products

View more

Webinars