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PharmaNet Development Group, Inc. Expands Latin America Operations with Opening of Brazil Office
Date:2/18/2009

e Latin American region also reflect the importance of Brazil's contribution to the global clinical research market. Clinical trials have been taking place in the region since the early 1990s and FDA audits have indicated that the quality of trials in Brazil, Argentina and Mexico are sound. Investigators in the region are familiar with the various aspects of clinical trials and have the necessary technical expertise and experience.

PharmaNet expects the news of a second office in the region to be well received by its clients and the Company looks forward to increasing the number of clinical trials currently taking place in Brazil. The new office will enable the Company to meet the current and future needs of its clients, expedite the execution of clinical studies and continue the growth of strategic relationships with investigators and sites in Brazil.

About PharmaNet Development Group, Inc.

PharmaNet Development Group, Inc., a global drug development services company, provides a comprehensive range of services to the pharmaceutical, biotechnology, generic drug and medical device industries. The Company offers early and late stage consulting, Phase I clinical studies and bioanalytical analyses, and Phase II, III and IV clinical development programs. With approximately 2,400 employees and 42 facilities throughout the world, PharmaNet is a recognized leader in outsourced clinical development. For more information, please visit our website at www.pharmanet.com.

Forward-Looking Statements

Certain statements made in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") and are subject to a variety of risks and uncertainties. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions
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SOURCE PharmaNet Development Group, Inc.
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