AAIPharma Strengthens South American Operations through Acquisition of Instituto de Pesquisa Clinica de Sao Paulo, Ltd.WILMINGTON, N.C. -- AAIPharma Inc. announced today that it has completed the acquisition of Instituto de Pesquisa Clinica de Sao Paulo, Ltd. (IPCSP), a contract research organization providing clinical development services in Brazil. The acquisition of IPCSP combined with AAIPharma's existing operations in Argentina and Peru provides the Company critical mass in South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. and a platform for continued growth in this region. "Expanding AAIPharma's presence in Brazil is important for our customers who want access to the substantial South American patient populations," said Ludo ludo Noun Brit & Austral a simple board game in which players move counters forward by throwing dice [Latin: I play] Noun 1. Reynders, Ph.D., AAIPharma president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Brazil is a highly populous gateway to South America which is a key region for the continued growth of clinical development worldwide. With the highly trained clinical research professionals from IPCSP and their network of physicians, AAIPharma can offer pharmaceutical and biotech customers broader reach for their large multinational trials." IPCSP has extensive experience managing phase I-IV clinical trials across a wide range of therapeutic areas. The Company's service offerings include medical and clinical monitoring Clinical monitoring - Oversight and administrative efforts that monitor a participant's health during a clinical trial. The government and other clinical trial funding agencies require data and safety monitoring boards to oversee clinical trials. , project management, regulatory affairs Regulatory Affairs (RA), also called Government Affairs, is a profession within regulated industries, such as pharmaceuticals, medical devices, energy, and banking. Regulatory Affairs professionals usually have responsibility for the following general areas: "AAIPharma's global presence and experience will create significant value for our customers," said Andrea Saud Martinez, Pharm.D., M.Sc., IPCSP founder and CEO, who will become General Manager of AAIPharma's South American Operations 'South American' operation Surgical oncology A radical operation for 'frozen' pelvis, which consists of en bloc resection of the uterus and rectum. See Frozen pelvis. Cf 'All-American' and 'North American' operations. . "We look forward to enhancing our breadth and depth of services, and remain focused on continued growth throughout South America." The terms of the transaction were not disclosed. About AAIPharma AAIPharma Inc. is a global provider of product development and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to the pharmaceutical, biotechnology and medical device industries. From a single test through a range of integrated service offerings, we create value to an industry in search of productivity and innovation. For more information on the Company, please visit AAIPharma's website at www.aaipharma.com. |
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