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| Acquiring Party | PRA International (NASDAQ: PRAI), a clinical research organization. |
|---|---|
| Transferring Party | Pharma Bio-Research, a Netherlands-based early phase clinical development and bioanalytical laboratory company. |
| Sector | Medical Services |
| Date | July 24, 2006 |
| Analysis Provides early phase development platform in Europe consisting of 140 beds as well as a state-of-the-art bioanalytical lab facility. Combined with PRA's existing Phase I clinic in Lenexa, Kansas, the company has nearly 200 beds available for clinical studies. Deal value - 108.8m. | |
The Walden Group is a leading healthcare investment banking firm specializing in mergers, acquisitions and strategic transactions. It also invests its own funds and, together with its expert operational partners, provides value-added services to help special companies reach critical milestones. This information is copyright © 2004-2007 The Walden Group, Inc. This information is provided as a service to the public but remains the intellectual property of The Walden Group, Inc and may not be reproduced in any manner without the written permission of The Walden Group, Inc. The information contained in the transactions table was derived from publicly available and other sources. Transaction analysis and other information are based, in part, upon public comments, Walden Group research and judgments, and reporting and research of others. The information is not intended to be relied upon as pronouncements by the transaction participants or for any other reason. | |