Company ProfilePremium

Parexel International Corporation

Company Profile Analysis

ESOMAR 23 Corporate BadgeISO Certifications Badge
Parexel International Corporation - Healthcare showcase

Year Founded & Workforce

1982

18,900 Employees

Industry

Healthcare

Services

Clinical ResearcheClinical InnovationFunctional Services Provider (FSP)Clinical Research Services
P

Parexel International Corporation Employee Contacts

We don't hold contact details for this company yet — you can request them.

Request Employee Contacts

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

1982

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

Unlock Company Financials

Unlock this company profile to view its financial data.

View Subscription Plans

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

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 2,016 Mn in 2015 to USD 2,118 Mn in 2017.
Parexel International Corporation — By Business Segment
Series (USD Mn)201520162017
Sales2,0162,0942,118

Unlock Company Financials

Unlock this company profile to view its financial data.

View Subscription Plans

Unlock Company Contacts

Connect with Key Decision-Makers

Access verified employee contacts and decision-maker information from this company to support your sales, lead generation, and business development efforts.