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Everest Clinical Research Completes Acquisition of August Research

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Everest Clinical Research Acquires August Research: Expanding Global Clinical Trial Services

Everest Clinical Research, a leading contract research organization (CRO) specializing in clinical data management and biostatistics, has announced its acquisition of August Research. August Research, a European CRO, offers clinical trial services and pharmacovigilance to pharmaceutical and biotechnology clients. This strategic acquisition allows Everest to establish a European presence and expand its full-service offerings to clients in the pharmaceutical, biotechnology, and medical devices sectors.

Enhancing Service Offerings and Expertise

August Research brings a wealth of experience in conducting Phase I-IV clinical trials across various therapeutic areas, including cardiovascular, infectious disease, oncology, and rare diseases. The acquisition enables Everest to leverage August Research's European operations, regulatory knowledge, and local networks to provide comprehensive clinical services to its global client base.

A Partnership for Growth

The partnership between Everest and August Research aligns their visions for growth and enhances their capabilities in clinical research. The combined expertise of both organizations will accelerate growth opportunities and deliver exceptional quality, service, and on-time delivery to advance life-changing research.
A Global, Full Suite of Clinical Services
The integration of Everest's industry-recognized strengths in clinical trial data, analytical services, and North American operations with August Research's European clinical operations and regulatory expertise creates a global, full suite of clinical services. This comprehensive offering positions the merged company as a leader in the CRO industry. In conclusion, Everest Clinical Research's acquisition of August Research strengthens its position as a leading CRO by expanding its global reach and service capabilities. The collaboration between these organizations will drive innovation, quality, and growth in the field of clinical research.

Impacts of Everest Clinical Research's Acquisition of August Research on New Businesses: A Hot Take

Everest Clinical Research's recent acquisition of August Research, a European Contract Research Organization (CRO), signals a significant shift in the global clinical trial services landscape. This move not only expands Everest's global reach but also enhances its service offerings, potentially impacting new businesses in the pharmaceutical, biotechnology, and medical devices sectors.

Expanded Global Presence

Everest's acquisition of August Research allows it to establish a European footprint, thereby expanding its reach. For new businesses, this could mean increased competition in the market, necessitating innovative strategies to remain competitive.

Enhanced Service Offerings

The merger brings together Everest's strengths in clinical trial data and analytical services with August Research's expertise in European clinical operations and regulatory knowledge. This could potentially raise the bar for service offerings in the industry, pushing new businesses to enhance their own services to match.
Driving Innovation and Growth
The partnership between Everest and August Research is set to accelerate growth opportunities and drive innovation in clinical research. New businesses must be prepared to adapt and innovate to keep pace with these developments. In conclusion, Everest's acquisition of August Research is a game-changer in the field of clinical research. It presents both opportunities and challenges for new businesses, underscoring the need for innovation, adaptability, and strategic growth in this evolving industry.
Story First Published at: https://financialpost.com/pmn/business-wire-news-releases-pmn/everest-clinical-research-announces-the-acquisition-of-august-research
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