Top Stories for the Week of July 30th 2007

Top News

PRA International Agrees to Genstar Capital Buyout

In a move that will take Reston, Va.-based contract research organization (CRO) PRA International off the public market, the company has entered into an agreement to be purchased by Genstar Capital, a private equity group based in San Francisco. The deal is valued at $790 million.

PharmaNet Builds on Phase I Business with Toronto Facility

Princeton, N.J.-based contract research organization (CRO) PharmaNet Development Group is rejuvenating
its early stage operations with the construction of a 160-bed, 40,000-square-foot, facility in Toronto, Canada.

Other Breaking News:

• China and India join WHO clinical trials registry...
• Target Health Memphis inks deal with arGentis Pharmaceuticals...

Company Profile: An interview with Matt Baker, president and chief executive officer, Compass IRB

Past weekly article summaries for the year can be found in the CW Weekly Issue archives. To read the full articles for this issue or for more information on these and other breaking stories, please click here!