SYNCHRON ACQUIRES PAREXEL’S
BIO-ANALYTICAL AND BIO-MARKER FACILITY IN FRANCE
Ahmedabad
28 March 2008 - Synchron Research Services Pvt Ltd,the
Ahmedabad based leading Clinical Research Organisation(CRO)
today announced the acquisition of the stand-alone bio-analytical
and bio-marker facility of PAREXEL in France. The lab is located
in Poitiers, south of Paris. This is one of the significant
acquisitions in CRO industry in India. At the same time PAREXEL
increased its stake in Synchron from its present 19.5% to
31%. This lab established in 1977 in Poitiers, was acquired
by PAREXEL in 1999. Now it becomes a part of Synchron’s
international network of laboratories. The lab will be known
in France as SYNEXEL Research International SAS. Parexel sold
the Poitiers business to Synchron’s SYNEXEL Research
International for approximately $6.7 million dollars. more
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PAREXEL International Expands
Relationship with Synchron Research in India and Divests
Bioanalytical
Laboratory in France
Boston, MA, March 27 - PAREXEL
International Corporation ("PAREXEL") (Nasdaq: PRXL)
today announced that it has expanded its minority interest
ownership in the clinical pharmacology business of Synchron
Research in Ahmedabad, India. The Company also announced the
sale of a bioanalytical laboratory in Poitiers, France to
a subsidiary of Synchron, SYNEXEL Research International.
more
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