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PAREXEL Chairman and CEO to Deliver Keynote at MassBio CRO/CMO Symposium
Date:2/23/2012

BOSTON, Feb. 23, 2012 /PRNewswire/ -- PAREXEL International (NASDAQ: PRXL), a leading global biopharmaceutical services provider, today announced that Josef H. von Rickenbach, Chairman and Chief Executive Officer of PAREXEL, will deliver a keynote address at the inaugural Massachusetts Biotechnology Council (MassBio) CRO/CMO Symposium, to be held March 6, 2012 at Bentley University in Waltham, Massachusetts. The symposium, organized by the MassBio Contract Research Organization (CRO) and Contract Manufacturing Organization (CMO) Committee, will bring together experts from biopharmaceutical companies and service providers, as well as regulatory authorities, venture capitalist firms, government, and academia to address ways to accelerate drug development. The program features case studies of biopharmaceutical companies using external resources provided by CROs and CMOs.

Mr. von Rickenbach will address the opportunities the biotech industry has to drive greater efficiencies in their development efforts through a spectrum of proven operating practices and relationship models. He will draw on PAREXEL's 30-year history working in a deeply collaborative way with biotech companies to help them achieve short- and long-term development and commercialization milestones, and realize significant value.

"While the biotech industry must find ways to navigate a challenging regulatory and commercial environment, it is well positioned, especially with the return of funding sources, to seize many opportunities for growth. Small and mid-sized biopharma companies own more than 60 percent of the industry's intellectual property, and are dev
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SOURCE PAREXEL International Corporation
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