Parexel International (MA) Corp.

Company Snapshot

Founded: 1982
Entity Type: Private
Region: U.S.
Headquarter: Massachusetts, U.S.
Key Geographics: North America, Latin America, Europe, Asia-Pacific, Middle East and Africa
Corporate Address: 2520 Meridian Parkway Durham, North Carolina 27713 U.S. Tel. +1-919-544-3170 www.parexel.com

Company Overview

Parexel International (MA) Corp., a giant CRO, was founded in 1982. It offers a full range of clinical development facilities and integrated consulting expertise to streamline clinical services. It provides a wide range of services that support all phases of trial development. These services include drug development, clinical logistics, regulatory consulting and commercialization in the life sciences industry.

The company offers its services in various therapeutic areas: oncology, infectious diseases and vaccines, inflammation and immunology, neurosciences, general medicine, rare diseases, pediatrics and cell and gene therapies.

Parexel International (MA) Corp. In Reports

Global Market for Contract Research Organization (CRO) Services

BCC Research Market Analyst says global market for contract research organization (CRO) services is expected to grow from $111.8 billion in 2024 and is projected to reach $166.0 billion by the end of 2029.

Biologics Contract Development and Manufacturing Organizations (CDMOs): Global Markets

BCC Research Market Report says global market for biologics CDMOs is expected to increase from $15.1 billion in 2023 to $27.0 billion by the end of 2028, with a CAGR of 12.3%.

Precision Medicine: Global Markets

BCC Research Market Report says global market for precision medicine is estimated to increase from $54.2 billion in 2023 to reach $100.5 billion by 2028, at a CAGR of 13.2%.

Company's Business Segments

  • Clinical Research Organizations (CROs) and Biopharmaceutical Services : The company provides a wide range of outsourcing services, including clinical trials, consulting, and medical communications.

Applications/End User Industries

  • Biopharmaceutical
  • Pharmaceuticals
  • Biotechnology
  • Medical Devices
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