DURHAM — Clarkston Consulting, responding to opportunities presenting by Sarbanes-Oxley and other regulatory changes, continues to expand its life sciences practice.

The company announced its third new hire in October on Friday.

“Clarkston is expanding its Life Science Practice, hiring the most knowledgeable industry leaders to assist clients in addressing new governmental regulations,” Amy Shaw of Clarkston tells Local Tech Wire. “The recent enactment of Medicaid Modernization Act of 2003, Sarbanes-Oxley and other regulatory changes have caused the most fundamental structural changes that the healthcare industry has experienced in decades.

“Pharmaceutical companies are being fined and paying huge settlements for questionable business practiced,” she added. “We are confident that Clarkston can ensure that the processes and appropriate systems are in place to minimize corporate exposure.”

The latest addition is Bob Steller, who will focus on health care compliance issues. Steller was a business program manager at Abbott Laboratories for 17 years before joining Clarkston. He also has worked with other firms in banking, investing and retail.
Chester Schwartz, a former director of SAP North America’s contracting practice, and Bob Kelly, a former executive at Caneel Consulting, Infinite Data Structures and Coopers and Lybrand, are the other new hires.

Paul Allen runs the group for Clarkston, He is a veteran of IMS Health, where he was a vice president of marketing, and Novo Nordisk, where he managed sales, alliances and acquisitions.
“Clarkston is also expanding its Life Science practice to keep pace with pharmaceutical industry are they improve and automate their contracting processes to address competitive pressures,” Shaw added.

Clarkston, which was founded in 1993, offers services in strategy, regulatory, health informatics, supply chain, enterprise management, integration, demand chain and support. The company now has offices in Atlanta, New York City, Detroit, Philadelphia, San Diego, Westchester NY and Calgary, Canada and has grown to more than 250 employees. The company relocated to Durham from Virginia in 1997.

And the winner is —

Daniel Primack, who tracks private equity and venture capital in PE Week Wire, polled his readers about who would be the next president.
John Kerry received 52 percent, or 1,045 votes. George W. Bush got 46.2 percent, or 929. Ralph Nader drew 11, or 0.6 percent. Others got 25 votes.

Clarkston: www.clarkstonconsulting.com