ICON agrees to acquire Chinese company

Irish pharmaceutical services company Icon has agreed to acquire Chinese clinical research organisation BeijingWits Medical Consulting.

12th December, 2011

Irish pharmaceutical services company ICON has agreed to acquire Chinese clinical research organisation BeijingWits Medical Consulting. The transaction is expected to close in the first quarter of 2012.

BeijingWits offers full-service clinical development capabilities and has a strong track record in clinical trial execution in China, a statement from ICON said. The company is a renowned expert in Chinese regulatory processes and will boost ICON’s service capabilities in the region.

“The acquisition of BeijingWits...

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