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PAREXEL and ASAN Medical Center Establish Alliance to Accelerate Korea-based Drug Development and Commercialization Programs
Date:2/1/2012

BOSTON and SEOUL, Korea, Feb. 1, 2012 /PRNewswire/ -- PAREXEL International Corporation (NASDAQ: PRXL), a leading global biopharmaceutical services provider, announced today that it has entered into an agreement with ASAN Medical Center (AMC), based in Seoul, Korea. The alliance offers clinical trial sponsors based regionally and internationally with access to high quality clinical trial services throughout Asia, with a focus on early phase development.

"Through our collaboration with ASAN Medical Center we look forward to helping our clients take advantage of opportunities to support their Korea-based development and commercialization programs to benefit patients in Korea, throughout Asia, and around the world," said Mark A. Goldberg, M.D., Chief Operating Officer, PAREXEL International.

According to Dr. Goldberg, "PAREXEL provides clients with patient access in key therapeutic areas for early phase development through our early phase units and global alliance network. Our relationship with the ASAN Medical Center affords us the opportunity to further extend this capability into Asia. With ASAN Medical Center's leadership in clinical trials, in-depth expertise, state-of-the art facilities, and a renowned network of hospitals, we believe our alliance will offer unique advantages to the Korean biopharmaceutical industry. We look forward to contributing to continued drug development growth in the region through shared learnings, technologies, and best practices."

"ASAN Medical Center is pleased to work with PAREXEL to help advance our research activities and develop meaningful innovations that contribute to health and longevity of patients in Korea and throu
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SOURCE PAREXEL International Corporation
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