PRA Health Sciences

PRA Health Sciences
PRA Health Sciences Inc.
Formerly called
PRA International
Public
Traded as NASDAQ: PRAH
Industry Pharmaceuticals & Biotechnology
Founded Charlottesville, Virginia, United States (1976 (1976))
Headquarters Raleigh, North Carolina, United States
Number of locations
80+ countries
Area served
Worldwide
Key people
Colin Shannon (President and CEO)
Number of employees
~11,000
Website prahs.com

PRA Health Sciences is a Contract Research Organization with headquarters in Raleigh, North Carolina, USA. The organization has worked on 100+ drugs marketed across several therapeutic areas and conducted the pivotal or supportive trials that led to U.S. Food and Drug Administration (FDA) and/or international regulatory approval of 50+ such drugs.[1]

History

PRA was founded in 1976 as the Anti-Inflammatory Drug Study Group in Charlottesville, Virginia, USA. Renamed PRA in 1982, it established itself as a data-management Contract Research Organization (CRO). After a number of strategic decisions to enhance its service offerings, the company became PRA Health Sciences in June 2014, incorporating partnerships and acquisitions made throughout 2012 and 2013.

Key dates:

Contribution to clinical development

PRA Health Sciences (PRA) has worked to develop a variety of compounds, ranging from niche treatments and therapies to blockbuster drugs.

PRA has participated in several Clinical Trials of note such as the Landmark Alzheimer's Prevention Clinical Trial, a collaborative effort involving the Banner Alzheimer's Institute (BAI); Genentech, a member of the Roche Group; the University of Antioquia in Colombia; and the National Institutes of Health (NIH).[26]

PRA were instrumental in supporting Gilead Sciences, Inc. with an FDA Breakthrough Therapy designation for Sovaldi (Sofosbuvir), which was approved by the FDA in December 2013. In addition, it was given a Notice of Compliance by Health Canada in December 2013, and granted Marketing Authorization by the European Commission in January 2014. Treatment is leading to higher cure rates and shortened, simplified therapy regimens for many Hepatitis C patients.[27]

The organization has completed its 20th first in human trial with biologics. The milestone is the culmination of 600 subjects enrolled in over eight years of first-in-human biologics trials, including directly into patient experience.[28]

Accolades

PRA Health Sciences was named "Best CRO in Asia" at the BioPharma Asia Industry Awards in 2013 and 2015.[29]

In the 2013 PharmaTimes US Clinical Researcher of the Year competition it was named "Clinical Company of the Year" for the second year running, as well achieving awards in other categories such as "Project Manager of the Year".[30]

The organization was awarded "International Clinical Company of the Year" at the PharmaTimes International Clinical Researcher of the Year contest in 2014 and 2015. Several employees were also recognized in individual categories.[31][32]

External links

References

  1. "Expertise". PRA Health Sciences. PRA Health Sciences. Retrieved 29 October 2014.
  2. "Biotech breakthrough: Industry emerging in Central Va.". The Daily Progress. The Daily Progress. Retrieved 11 December 2013.
  3. 1 2 "History". PRA Health Sciences. Retrieved 16 June 2014.
  4. "PRA returns to the fold with US$790 million merger agreement". PharmaTimes. PharmaTimes. Retrieved 11 December 2013.
  5. "Registration Statement". NASDAQ. Retrieved 11 December 2013.
  6. "PRA International Acquires Valorum-UK". PR Newswire. PR Newswire. Retrieved 11 December 2013.
  7. "PRA International Expand European Capabilities With Acquisition of Arcam, a French CRO". PR Newswire. PR Newswire. Retrieved 11 December 2013.
  8. "Genstar Capital Acquires PRA International". Genstar Capital. Retrieved 11 December 2013.
  9. "PRA International, Inc. Completes Acquisition of Cromedica International". Genstar Capital. Retrieved 11 December 2013.
  10. "Registration Statement". NASDAQ.
  11. "PRA International Acquires RxCCI and GMG to Enhance Global Regulatory and Product Development Consulting Capabilities". PRA Newswire. PRA Newswire. Retrieved 11 December 2013.
  12. "PRA Acquisition of Pharma Bio-Research May Lead to New Drug Development Labs in US". BioPharm International. BioPharm International. Retrieved 11 December 2013.
  13. "PRA Prepares to Go Public with Confidential SEC Filing". Outsourcing Pharma. Outsourcing Pharma. Retrieved 11 December 2013.
  14. "PRA expands German footprint with Berlin relocation". PharmaTimes. PharmaTimes. Retrieved 11 December 2013.
  15. "PRA International to move HQ to N.C.". Washington Business Journal. Washington Business Journal. Retrieved 11 December 2013.
  16. "Colin Shannon". Bloomberg Business Week. Bloomberg Business Week. Retrieved 11 December 2013.
  17. "PRA unveils new US bioanalytical lab at AAPS". Outsourcing Pharma. Outsourcing Pharma. Retrieved 11 December 2013.
  18. "PRA International acquires Kinship Technologies". Centerwatch. Centerwatch. Retrieved 11 December 2013.
  19. "WuXi and PRA form Chinese joint venture". PM Live. PM Live. Retrieved 11 December 2013.
  20. "PRA Opens Singapore Office". Contract Pharma. Contract Pharma. Retrieved 11 December 2013.
  21. "KKR to buy clinical trials firm PRA International". Reuters. Reuters. Retrieved 11 December 2013.
  22. "PRA says Clinstar Takeover Offers Quicker and Cheaper Patient Enrollment". Outsourcing Pharma. Outsourcing Pharma. Retrieved 11 December 2013.
  23. "PRA Aquires CRI Lifetree". CRI Lifetree. CRI Lifetree. Retrieved 24 January 2014.
  24. "PRA ADVANCES TO BECOME PRA HEALTH SCIENCES". PRA Health Sciences. PRA Health Sciences. Retrieved 16 June 2014.
  25. "PRA HEALTH SCIENCES, INC. ANNOUNCES PRICING OF ITS INITIAL PUBLIC OFFERING". www.prahs.com. PRA Health Sciences. Retrieved 18 November 2014.
  26. "Banner Alzheimer's Institute launching $100M clinical trial". Phoenix Business Journal. Phoenix Business Journal. Retrieved 30 October 2013.
  27. "Gilead's Sovaldi® Demonstrates Efficacy and Safety Among Chronic Hepatitis C Patients with Advanced Liver Disease". Fierce Biotech. Fierce Biotech. Retrieved 16 June 2014.
  28. "PRA COMPLETES 20TH FIRST IN HUMAN BIOLOGICS TRIAL". PRA Health Sciences. PRA Health Sciences. Retrieved 16 June 2014.
  29. "PRA Voted "Best CRO" in Asia". Evaluate. PR Newswire. Retrieved 16 June 2014.
  30. "US Clinical Researcher of the Year". PharmaTimes. PharmaTimes. Retrieved 11 December 2013.
  31. "International Clinical Researcher of the Year Awards- 2014 Winners". PharmaTimes. PharmaTimes. Retrieved 7 March 2014.
  32. "PRA is Named International Clinical Company of the Year". PRA Health Sciences. PRA Health Sciences. Retrieved 3 June 2015.
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