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PRA Acquires ClinStar
Date:3/4/2013

an>Eastern Europe with PRA. "As the largest independent, geographically-focused CRO in the region, we will continue providing our existing and future clients with the fast patient enrollment, high quality and service they are accustomed to receiving from ClinStar, while adding the global reach and full-service capabilities we can now provide with our new colleagues as a part of PRA."

The acquisition also includes ClinStar's stand-alone clinical trial warehousing and logistics division, IMP Logistics, operating in Russia, Ukraine and Belarus. Through IMP Logistics, PRA is now able to offer its clients top-quality cold chain logistics services that include importation of investigational products, clinical supplies, laboratory kits and printed materials, storage in multiple temperature zones, distribution to sites, collection of returned medication and coordination of product destruction. This acquisition provides PRA with a significant competitive advantage in a region where central depot services are integral to study success.

Over the coming months, PRA plans to integrate the 300 ClinStar and IMP Logistics employees with successful operational delivery as a primary objective. Financial terms of the agreement are undisclosed.

About PRA
PRA is transforming clinical trials through our people, innovation and transparency. PRA provides personalized service customized to the unique requirements of each study. We support our global reach and innovative approach through flexible and reliable service, delivered by skilled employees dedicated to ensuring that sponsors achieve their long-term goals.

We serve our clients across all phases of pharmaceutical and biotech drug development by combining therapeutic and operational expertise with local knowledge. Offering services in 80+ countries and serving sponsors for 35+ years, we have amassed a level of ex
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