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Parexel International company history timeline

1987

By 1987, Parexel's annual sales had reached $3 million.

1990

Another important acquisition of the group's early period was that of Barnett Associates, in Philadelphia, Pennsylvania, which added clinical, training, and information systems capabilities in 1990.

1994

Parexel continued to build up its operations into the middle of the decade, establishing new clinical research facilities in Raleigh–Durham, North Carolina, in 1994.

1996

Through 1996, the company completed four important acquisitions.

1998

In 1998, the company had established a new business unit devoted to introducing advanced technologies into the clinical research market.

1999

In 1999, however, the company announced its intention to merge its operations with the then number two company, Covance Inc.

2005

By 2005, the shift in Parexel's geographic operations led it through a restructuring of its United States operations.

2006

French, Liz, "Parexel," Health Executive, October 2006.

The company's fourth segment is its Medical Marketing Services wing, which boosted the company's total turnover to $710 million in 2006.

2019

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Founded
1983
Company founded
Headquarters
Waltham, MA
Company headquarter
Founders
Josef von Rickenbach
Company founders
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Parexel International competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Firma Clinical Research2017$2.6M119-
Criterium1991$9.3M50-
Globin Solutions2017$39,0001-
ExecuPharm1995$76.0M750-
Charles River Labs1947$4.0B18,400353
Pharmaceutical Research Associates, Inc.1981$30.0M308
Covance1987$2.6B50,000-
PRA Health Sciences1976$3.2B17,000-
Pharmaceutical Product Development1985$65.0M21,000-
Medpace1992$2.1B2,80062

Parexel International history FAQs

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Parexel International may also be known as or be related to PAREXEL, PAREXEL INTERNATIONAL CORP, PAREXEL International Clinical Research Pvt. Ltd., PAREXEL International Corporation, Parexel, Parexel International, Parexel International Corporation and Parexel International, LLC.