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PAREXEL Appoints Charles A. Stevens as Vice President/General Manager of Health Policy and Strategic Reimbursement and Strengthens Capabilities
Date:12/10/2007

BOSTON, Dec. 10 /PRNewswire-FirstCall/ -- PAREXEL International (Nasdaq: PRXL) has appointed Charles A. Stevens as Vice President and General Manager of Health Policy and Strategic Reimbursement Services, a unit based in the Washington, D.C. area. Mr. Stevens leads a team of experts dedicated to helping PAREXEL's clients provide solutions to ensure patients have access to the medicines and therapies they require. His responsibilities include managing reimbursement service and patient assistance programs. Mr. Stevens oversees the Company's reimbursement strategy consulting practice, which is focused on helping clients navigate complexities of the ever changing healthcare payment system.

"As the biopharmaceutical industry undergoes market changes impacted by healthcare reform, new regulations, and changes in the area of reimbursement, we are meeting those needs with expanded capabilities," said Kurt Brykman, President of PAREXEL Consulting and Medical Communications Services at PAREXEL International. "We expect that the in-depth expertise and leadership Mr. Stevens brings to PAREXEL will further strengthen our ability to provide an increasing role in helping our clients to realize success in the area of reimbursement."

"I look forward to contributing my experience to helping our clients adopt the necessary strategies and transform their business models in order to provide optimal patient access to therapies," said Charles Stevens, Vice President and General Manager of Health Policy and Strategic Reimbursement Services, PAREXEL. "It is critical in this environment that biopharmaceutical and medical device companies demonstrate product value in new ways and develop reimbursement strategies early in a product
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