ICON Acquires DOCS International, Expanding Its Contract Staffing Footprint into Europe
12 Juillet 2007 - 2:30PM
Business Wire
ICON (NASDAQ: ICLR), a global provider of outsourced development
services to the pharmaceutical, biotechnology and medical device
industries, today announced the acquisition of DOCS International,
a leading European based clinical research staffing organisation,
for a cash consideration of approximately $40 million. DOCS
International, which operates in eight European countries, focuses
on the training and supply of contract and permanent clinical
research personnel to the pharmaceutical and biotech industry. �The
acquisition of DOCS International gives ICON a significant presence
in the European clinical research staffing market and creates a
strong platform which we can leverage for future expansion. Their
experienced management team will bring a wealth of experience in
the European market to ICON� commented ICON CEO Peter Gray. DOCS
International will be integrated with ICON�s existing US based
staffing business, ICON Contracting Solutions, to form a global
business unit. �This will enable ICON to meet the requirements of
sponsors for more flexibility when they run clinical projects
internally, and give them access to a global pool of talent through
one vendor� added Sean Leech, newly appointed President of the
expanded ICON Contracting Solutions business unit. Pim van de Riet,
CEO of DOCS International added �We are delighted to be joining
forces with ICON. Our combined knowledge and commitment to the
clinical research staffing market will allow us�to continue to
attract, assess and place talented individuals and teams at all
levels of experience on a global basis�. About ICON plc ICON plc is
a global provider of outsourced development services to the
pharmaceutical, biotechnology and medical device industries. The
Company specializes in the strategic development, management and
analysis of programs that support clinical development - from
compound selection to Phase I-IV clinical studies. ICON teams have
successfully conducted over 1,900 development projects and over
2,300 consultancy engagements across all major therapeutic areas.
ICON currently has approximately 4,800 employees, operating from 53
locations in 31 countries. About DOCS International Founded in
1997, DOCS International is devoted to providing Staffing Solutions
to the Healthcare Industry. These solutions are designed to meet
the requirements of both corporate healthcare organisations and
individual healthcare professionals.
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