PAREXEL
Sign in to saveParexel is an American contract research organization. It conducts clinical trials on behalf of its pharmaceutical and biotechnology clients to expedite drug development and clinical trial progress. It is one of the largest clinical research organizations in the world.
Research organization · ROR
- Type
- Company, Funder
- Founded
- 1982
- Location
- Waltham, United States
- Status
- Active
GRID grid.462742.1 · ISNI 0000 0001 0675 2252
Wikidata facts
- Official website
- www.parexel.com
Show 2 more facts
- inception
- 1982-00-00
- social media followers
- 12425
Sources (3)
via Wikidata · CC0
~4 min read
Article
6 sectionsContents
- Operations
- History
- Initial public offering and acquisitions
- As an acquisition
- References
- External links
Parexel is an American contract research organization. It conducts clinical trials on behalf of its pharmaceutical and biotechnology clients to expedite drug development and clinical trial progress. It is one of the largest clinical research organizations in the world.
Parexel was founded in 1982 by Josef von Rickenbach and organic chemist Anne B. Sayigh initially to advise Japanese and German firms on how to navigate the US Food and Drug Administration (FDA) drug approval process. The firm has grown organically over the years and through 40 acquisitions. Josef von Rickenbach is credited with establishing Parexel's culture and practices based on the principles he experienced as a researcher at Schering-Plough in Lucerne, Switzerland, before leaving the company upon retiring in 2018. In 1990, the firm expanded internationally and established new practice areas. By 1999, it had a staff of 4,500 and 45 offices.