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ClinPhone, the Nottingham-based clinical trials technology company, is to be acquired by Parexel of the US for £91m.
ClinPhone is planning to expand the 452-strong workforce at its Nottingham-based clinical trials technology business with 80 additional staff over the next 12 months.
ClinPhone has acquired Datalabs, the US-based provider of clinical data collection services with 57 staff, for £36m.
ClinPhone has raised £56m in a flotation, in order to reduce debt and fund the expansion of its Nottingham-based clinical trials technology business.
ClinPhone, the clinical trials company, is to expand its Nottingham headquarters into a new 5,843 sq ft office nearby.
ClinPhone, the Nottingham-based supplier of clinical trial management solutions to pharmaceutical companies, has secured a £6m refinancing facility and hopes to create 70 new jobs over the next year.