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PharmaLeaders: CRO Benchmark Report - Financial Performance Benchmarking & Competitive Landscape Assessment of Leading CROs

es Unveils its Next-Generation Infosario Analytics Platform 37
3.6.5 Covance Launches Xcellerate to Increase Clinical Trial Optimization 38
4 Collaboration and Acquisition Strategies 39
4.1 Overview 39
4.2 M&A Analysis 43
4.2.1 KKR Makes a Splash into CRO Biz with PRA Buy 43
4.2.2 Quintiles Invests in Personalized Medicine 44
4.2.3 Patheon Completes Purchase of Banner Pharmacaps 44
4.2.4 Clinipace Doubles in Size with Paragon Buyout 45
4.2.5 Accenture Complements its R&D Service Offerings with Acquisition of Octagon 45
4.2.6 Catalent Pharma Buys Aptuit’s CTS Business 46
4.2.7 Charles River and Covance Expand Microbial Identification Capabilities 46
4.3 Strategic Partnerships with Large Pharmaceutical Clients 47
4.3.1 Quintiles and Merck Serono Announce Innovative Clinical Development Partnership 47
4.3.2 Charles River and AstraZeneca Align to Accelerate Drug Development 48
4.3.3 Covance Deals 48
4.3.4 Pfizer Improves Clinical Trial Flexibility with Icon and Parexel Partnership 49
4.3.5 Aptuit and GSK Extend Strategic Alliance 49
4.3.6 INC Research Enters into FSP Collaboration with Astellas 50
4.3.7 PRA Announces Strategic Biosimilar Development Agreement with Amgen 50
4.3.8 Parexel and Catalent Combine Core Competencies to Streamline Supply Chain 51
5 Financial Management 52
5.1 CRO Market Competitive Landscape Assessment 53
5.1.1 As Quintiles Goes, So Goes the CRO Market 53
5.2 Financial Management: Heat Map 55
5.2.1 Quintiles Was the Financial Management Leader in 2012 55
5.3 Financial Performance Metrics 56
5.3.1 Revenue 56
5.3.2 Revenue Growth YtY 58
5.3.3 Operating Income 60
5.3.4 Operating Income Growth YtY 61
5.3.5 Operating Margin 63
6 Expense Management 65
6.1 CRO Market Competitive Landscape Assessment 65
6.1.1 Co
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