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inVentiv Health Forms Strategic Alliance With Bell Medical Solutions, One Of Japan's Top Clinical Research Organizations
Date:4/11/2013

BURLINGTON, Mass., April 11, 2013 /PRNewswire/ -- inVentiv Health, offering best-in-class clinical, commercial and consulting services to the healthcare industry, announced today a strategic alliance with Bell Medical Solutions, one of Japan's top clinical research organizations with more than 700 clinical research associates serving the growing Japanese market.

Bell, a preferred service provider to some of Japan's top pharmaceutical companies, offers CRO services that cover Phases I-IV, post-approval studies and patient access.  Together, inVentiv and Bell will offer comprehensive global drug development services to Japanese and international clients conducting studies in Japan. 

"This alliance provides Bell Medical Solutions with inVentiv's significant international reach and the ability to participate in larger, global studies," said inVentiv Health CEO Paul Meister .  "For inVentiv, the alliance bolsters our already significant position in Japan to better support our clients who are capitalizing on exciting opportunities for growth."

Speaking recently to The Economist magazine, the Pharmaceutical Research and Manufacturers of America, the pharmaceutical industry trade group, said Japan may be one of the world's best markets right now for foreign drug companies.  Sales growth in 2011 for the top eight multinational drug firms in Japan ranged from 12% to 31%.  PhRMA called these "emerging market" growth rates.  Firms now are sending some of their brightest researchers to Japan.

Meanwhile, the Pharmaceutical and Medical Device Agency (PMDA), which oversees the approval process for Japan's Health Ministry, has slashed review times over the last five years and
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