PAREXEL Symposia Designed for Emerging and Mid-Size Biopharma Will Provide Essential Development Insights

Boston, MA - April 19, 2012

Complimentary events in Denmark and Sweden will provide leading approaches to help biopharma industry achieve clinical and commercial success

Experts from PAREXEL International Corporation (NASDAQ: PRXL), a leading global biopharmaceutical services provider, announced today that it will conduct  symposia specifically designed to advise emerging and mid-size biopharmaceutical companies on approaches  to maximize efficiencies and support more effective decision-making in clinical development and commercialization.

The complimentary half-day symposia entitled “Four Essential Insights to Ensure Your Drug Development Plan Achieves Clinical and Commercial Success” will be held on April 26 and April 27, 2012 in Copenhagen, Denmark and Stockholm, Sweden, respectively.  During these educational sessions, PAREXEL experts will discuss key opportunities that may improve the clinical development efforts for emerging and mid-sized biopharmaceutical companies, including:

  • Maximizing the use of data driven elements into regulatory plans for greater success
  • Rethinking traditional phases of clinical research through adaptive trials
  • Applying technology to achieve clinical development goals

The April 26 session will take place at the Radisson Blu Royal in Copenhagen, Denmark.  Click here for registration details.

The April 27 session will be held at the Hilton Stockholm Slussen in Stockholm, Sweden.  Click here for registration details.

For information on flexible outsourcing models PAREXEL offers that help biopharmaceutical companies of all sizes accelerate product development, reduce costs, mitigate risk, and achieve their business objectives, visit: http://www.parexel.com/biopharm. 

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About PAREXEL International

PAREXEL International Corporation is a leading global biopharmaceutical services organization, providing a broad range of knowledge-based contract research, consulting, and medical communications services to the worldwide pharmaceutical, biotechnology and medical device industries. Committed to providing solutions that expedite time-to-market and peak-market penetration, PAREXEL has developed significant expertise across the development and commercialization continuum, from drug development and regulatory consulting to clinical pharmacology, clinical trials management, medical education and reimbursement.  Perceptive Informatics, Inc., a subsidiary of PAREXEL, provides advanced technology solutions, including medical imaging, to facilitate the clinical development process.  Headquartered near Boston, Massachusetts, PAREXEL operates in 71 locations throughout 52 countries around the world, and has approximately 11,300 employees. For more information about PAREXEL International visit www.PAREXEL.com.

This release contains “forward-looking” statements regarding future results and events, including, without limitation, statements regarding expected financial results, future growth and customer demand.   For this purpose, any statements contained herein that are not statements of historical fact may be deemed forward-looking statements.  Without limiting the foregoing, the words “believes,” “anticipates,” “plans,” “expects,” “intends,” “appears,” “estimates,” “projects,” “will,” “would,” “could,” “should,”  “targets,” and similar expressions are also intended to identify forward-looking statements.  The forward-looking statements in this release involve a number of risks and uncertainties.  The Company’s actual future results may differ significantly from the results discussed in the forward-looking statements contained in this release.  Important factors that might cause such a difference include, but are not limited to, risks associated with: actual operating performance; actual expense savings and other operating improvements resulting from recent and anticipated restructurings, including the anticipated additional restructuring charges of approximately $2.0 million in the third quarter of Fiscal Year 2012; the loss, modification, or delay of contracts which would, among other things, adversely impact the Company’s recognition of revenue included in backlog; the Company’s dependence on certain industries and clients; the Company’s ability to win new business, manage growth and costs, and attract and retain employees; the Company’s ability to complete additional acquisitions and to integrate newly acquired businesses or enter into new lines of business; the impact on the Company’s business of government regulation of the drug,  medical device and biotechnology industry; consolidation within the pharmaceutical industry and competition within the biopharmaceutical services industry; the potential for significant liability to clients and third parties; the potential adverse impact of health care reform; and the effects of exchange rate fluctuations and other international economic, political, and other risks.   Such factors and others are discussed more fully in the section entitled “Risk Factors” of the Company’s Quarterly Report on Form 10-Q for the quarter ended December 31, 2011 as filed with the SEC on February 9, 2012, which “Risk Factors” discussion is incorporated by reference in this press release.  The Company specifically disclaims any obligation to update these forward-looking statements in the future.  These forward-looking statements should not be relied upon as representing the Company’s estimates or views as of any date subsequent to the date of this press release.

PAREXEL is a registered trademark of PAREXEL International Corporation, and Perceptive Informatics is a registered trademark of Perceptive Informatics, Inc. All other names or marks may be registered trademarks or trademarks of PAREXEL International Corporation, Perceptive Informatics, Inc. or their respective owners and are hereby acknowledged.

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