Contract research news in brief
pharmafile | August 18, 2010 | News story | Research and Development |Â Â Anavex, Cyprotex, SynexusÂ
UK contract research organisation Synexus says it is reaping the benefits of its investments in Hungary in recent years, with a 25% rise in clinical trials activity at its clinical centre there in the first half of 2010. The population remains highly treatment-naive, with a relatively high prevalence of cardiovascular disease and conditions such as chronic obstructive pulmonary disorder, and this makes participation in clinical trials high, said the CRO.
Early-stage CRO Cyprotex has reported revenues up marginally to £2.48 million ($) and a modest profit of £50,000 in the first half of the year, but the UK firm believes the recent acquisition of US CRP Apredica, a specialist in absorption, distribution, metabolism and excretion (ADME) and toxicology studies, will help it return to form in the latter half of the year.
Anavex Life Sciences has awarded contracts to two CROs to begin clinical trials of its investigational Alzheimer’s disease treatment Anavex 2-73.The two CROs – US company Genesis BioPharma and Switzerland’s ABX-CRO – are tasked with taking the compound through the latter stages of pre-clinical research and into clinical trials. Anavex 2-73 is the first of a new class of compounds which act through sigma-1 receptor agonism as well as muscarinic cholinergic effects and modulation of endoplasmic reticulum stress.
Private equity companies Halifax Group and SV Life Sciences have acquired three CROs – Fulcrum Pharma of the UK, ClinResearch of Germany and the latter’s eClinical subsidiary Addplan – and intend to combine all three into one company focusing on the conduct of adaptive clinical trials. The three new acquisitions will be combined with the operations of Trio Clinical Research Management, clinical outsourcing company bought by the investors in 2008.
India’s Lambda Therapeutic Research, a specialist in early-stage contract clinical research, has bought a phase I facility from Canadian drugmaker Biovail for $6 million. The purchase of the 194-bed facility in Toronto makes Lambda one of the top phase I CROs in the world with a total of more than 600 beds, according to a CenterWatch report.
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