Healthcare

Parexel International Corporation

Company Profile Analysis

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Parexel International Corporation - Healthcare showcase

Year Founded & Workforce

1981-12-31

18,900 Employees

Industry

Healthcare

Services

P

Parexel International Corporation Overview

Company Headquarters: Massachusetts, US

Founded: 1982

Workforce: ~18,900

Company Working: Parexel International Corporation is a global clinical research organization that offers a wide range of innovative solutions and services for clinical research. It provides solutions related to clinical development, including translational medicine, clinical data management, decentralized clinical trials, clinical supply chain management, risk-based quality management, and biostatistics. The other services offered by the organization include outgoing services, regulatory affairs consulting, clinical development strategy & planning, compliance consulting, regulatory outsourcing, clinical trial regulatory services, medical communication services, and expanded access services, among others. Its business network is highly diversified, with office locations across North America, South America, Europe, Asia, and the Middle East & Africa.

Strategy

Parexel International Corporation is highly focused on expanding its professional team to offer the right mix of expertise and accountability. The trained experts offer acceleration in clinical trials, provide high client satisfaction, and improve service provider relationships. In addition, its clinical FSP experts maximize the efficiency throughout the product development. The company invests in the development of innovative future solutions related to drug development. Furthermore, Parexel International Corporation has study locations across various regions (Baltimore, Los Angeles, Berlin, and London), providing better infrastructure for innovation in advanced technologies. Additionally, it provides patient-focused customer solutions personalized to the offer wide range of services ranging from full service to functional to a hybrid approach catering to the evolving requirements of its biopharma customers.

Company Snapshot

$2,016M

Revenue

18,900

Employees

1981-12-31

Founded

Massachusetts, US

Headquarters

SWOT Analysis

Strengths

  • Strong R&D team
  • Strong product portfolio
  • Top third biopharmaceutical services company

Weaknesses

  • Small size and product lines as compared to key players

Opportunities

  • Catering to developing and under developed countries

Threats

  • Strong competition from international key players

Key Developments

DateApproachDevelopment
August 2020PartnershipParexel International Corporation announced that it had extended its long-term partnership with Pfizer (US) and signed a master service agreement. As per the terms of the agreement, the company is liable to offer clinical development services and a functional service provider model for therapeutic applications.
June 2019Product LaunchParexel International Corporation launched its Enhanced Integrated FSP Model in Boston and Durham to accelerate the development and delivery of innovative new therapies.

Product Offering

  • Parexel International Corporation
    • Clinical Research
    • eClinical Innovation
    • Functional Services Provider (FSP)
    • Clinical Research Services

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Parexel International Corporation as part of our ongoing coverage of the Healthcare sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Parexel International Corporation

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