Quintiles, AstraZeneca form alliance for studies
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RESEARCH TRIANGLE PARK, N.C. — Quintiles announced Monday that it has formed clinical pharmacology alliance with AstraZeneca to deliver AstraZeneca's clinical pharmacology studies across multiple therapy areas and around the globe.
Quintiles will assume the operational responsibilities for the majority of AstraZeneca’s clinical pharmacology delivery, the company said in an announcement. AstraZeneca and Quintiles are looking to leverage leading-edge science and establish operational efficiency and consistency to support AstraZeneca’s goal of shortening delivery time lines and bringing innovative medicines to patients sooner.
Quintiles described the arrangement as "extensive" and said it "involves the engagement of a sole provider for clinical pharmacology delivery, and a simple, standardized pricing model."
“We are delighted to be AstraZeneca’s dedicated clinical pharmacology alliance strategic partner. This is an industry-leading alliance and demonstrates how, at Quintiles, we’re helping the industry seize opportunities as the industry transforms in response to the changing environment," Ron Wooten, Quintiles' executive vice president of corporate development, said. "As with any true alliance, success depends not only on scientific, medical and operational excellence, but also on creating a climate of trust, transparency, teamwork and joint accountability. Our experience in managing such partnerships will be key as we work together on this important project.”
Anders Ekblom, executive vice president for global drug development at AstraZeneca, said, "This model gives us access to the right scientific and medical expertise plus the quality, flexibility and capacity we need to work efficiently and cost-effectively to deliver these studies."
Quintiles has clinical pharmacology facilities across Europe and the United States and plans to open a unit in Asia in 2010.
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