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Parexel's Reorganized Research Segment Includes Small-Company Specialty

Executive Summary

Parexel will create a unit dedicated to small biotech and pharmaceutical businesses as part of a reorganization of the company's contract research segment.

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Parexel subsidiary names Marcus Wadsworth VP-chief consultant, a new position. Wadsworth will be responsible for strategic consulting within the pharmaceutical/biotech/medical devices arena, expanding the company's strategy consulting business segment to complement its implementation consulting offerings (1"The Pink Sheet" Nov. 1, p. 9). Wadsworth previously served as North American life sciences practice leader at Gemini Consulting LLC

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Parexel subsidiary names Marcus Wadsworth VP-chief consultant, a new position. Wadsworth will be responsible for strategic consulting within the pharmaceutical/biotech/medical devices arena, expanding the company's strategy consulting business segment to complement its implementation consulting offerings (1"The Pink Sheet" Nov. 1, p. 9). Wadsworth previously served as North American life sciences practice leader at Gemini Consulting LLC

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