PPD, Inc. (Nasdaq:PPDI) announced Simon Britton, vice president of
clinical development, Asia Pacific, will present at the CHINATRIALS 2009
Global Clinical Development Summit in Beijing on November 8-10. His
panel presentation will provide insight to clinical development
professionals on creating the best clinical strategy for China and East
Asia. PPD is the platinum sponsor of this year’s event.
Britton will join a panel of experts in discussing needs and
requirements biopharmaceutical companies should consider in determining
the most effective drug development strategy for China, a country
experiencing rapid clinical development growth. The panel will evaluate
how to engage local and multinational clinical research organizations
(CROs) in developing this strategy and cover a wide range of CRO
relationship management topics, including identifying, selecting and
negotiating with the right CRO and creating a CRO oversight plan. The
presentation is Tuesday, November 10, at 11:10 a.m. UTC.
PPD today announced it has completed its acquisition of Excel
PharmaStudies, the market leader and one of the largest contract
research organizations in China. Excel’s more than 300 employees have
joined PPD. The acquisition provides PPD additional capacity and
expertise in this rapidly growing market and positions the company to
deliver a broad set of services to biopharmaceutical companies through
Asia Pacific.
Mark Engel, co-founder of Excel, is also a featured speaker at
CHINATRIALS. He will present on lessons learned in conducting
large-scale clinical trials in China, discussing management and
government oversight challenges. His presentation is Tuesday, November
10, at 1:10 p.m. UTC.
CHINATRIALS is China’s largest clinical development event, providing
leaders from biopharmaceutical companies, contract research
organizations and government an opportunity to learn about a broad range
of topics in conducting clinical development in the country.
PPD is a leading global contract research organization providing
discovery, development and post-approval services as well as compound
partnering programs. Our clients and partners include pharmaceutical,
biotechnology, medical device, academic and government organizations.
With offices in 38 countries and more than 10,000 professionals
worldwide, PPD applies innovative technologies, therapeutic expertise
and a commitment to quality to help its clients and partners maximize
returns on their R&D investments and accelerate the delivery of safe and
effective therapeutics to patients. For more information, visit our Web
site at http://www.ppdi.com.
Except for historical information, all of the statements,
expectations and assumptions contained in this news release, including
expectations and assumptions about the value of the information
presented during this presentation, are forward-looking statements that
involve a number of risks and uncertainties. Although PPD attempts to be
accurate in making these forward-looking statements, it is possible that
future circumstances might differ from the assumptions on which such
statements are based. In addition, other important factors which could
cause results to differ materially include the following: continued
success in sales growth; loss of large contracts; increased cancellation
rates; economic conditions and outsourcing trends in the pharmaceutical,
biotechnology, medical device, academic and government industry
segments; competition within the outsourcing industry; the ability to
attract and retain key personnel; risks associated with and dependence
on collaborative relationships; risks associated with the development
and commercialization of drugs, including earnings dilution and
obtaining regulatory approval; risks associated with acquisitions and
investments, such as impairments; rapid technological advances that make
our products and services less competitive; risks that we may not
continue our dividend policy; and the other risk factors set forth from
time to time in the SEC filings for PPD, copies of which are available
free of charge upon request from the PPD investor relations department.
CONTACTS :
PPD, Inc.
Media:
Sue Ann Pentecost, 919-456-5890, sueann.pentecost@ppdi.com or
Analysts/Investors:
Luke Heagle, 910-558-7585, luke.heagle@ppdi.com