AGREX, CRONOVA to Join Hands in CRO Business.Tokyo, Japan, Feb 15, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) ) - AGREX, a Japanese IT outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. service provider, announced on February 14 that it has agreed to form a strategic alliance with CRONOVA, a Tokyo-based contract research organization (CRO). Under this partnership, AGREX will acquire 22.5% of the outstanding shares of CRONOVA through share transfers and private placement. Accordingly, the two companies will jointly promote clinical trial outsourcing services. In particular, they will collaborate on CRO, clinical data management (CDM 1. CDM - Content Data Model 2. CDM - Code Division Multiplexing ) and electronic data capture (EDC EDC See: Export Development Corp. ) services. In doing this, the two companies aim to reinforce their competitiveness in the market. Copyright [c] 2006 Japan Corporate News Network. All rights reserved. |
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