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| [February 07, 2013] |
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PPD Adds New Central Laboratory Services to Meet Growing Client Needs
WILMINGTON, N.C. --(Business Wire)--
Pharmaceutical Product Development, LLC (PPD) today announced it has
strengthened its central
laboratory testing services in infectious
diseases, one of the largest therapeutic
areas for clinical
research and development. PPD has expanded its testing capabilities
at its Brussels and Singapore labs, offering clients additional microbiology,
peripheral
blood mononuclear cell and molecular pathology services.
Like its Highland Heights, Ky., facility, PPD's labs in Brussels and
Singapore now offer a full range of microbiology testing services for
bacteriology, mycology, parasitology and microbioterrorism pathogens.
All three labs can conduct extensive virology testing, including
real-time polymerase chain reaction, viral load, genotyping and SNP
analysis. The laboratories also have the capability to culture,
quantitate, identify and determine antibiotic susceptibility and
resistance for aerobic and anaerobic organisms.
"Adding these services to our Brussels and Singapore labs expands our
ability to provide clients in Europe and Asia Pacific an important
component of laboratory testing for infectious diseases," said Elena
Logan, senior vice president of central labs for PPD. "PPD is unique in
that we offer fully integrated clinical trial management and central
laboratory services, enabling us to provide increased efficiencies,
greater study flexibility and added value to our clients."
PPD has extensive experience in conducting infectious
diseases studies, having conducted nearly 240 studies in this area
over the past five years. During that time, central labs has handled
almost 50 infectious disease studies that included nearly 25,000
screened patients.
"These new capabilities are significant enhancements to the broad
portfolio of scientific and clinical expertise that we bring to the
development of infectious disease products on behalf of our clients,"
added Carol Olson, M.D., Ph.D., executive medical director and PPD's
therapeutic area head for infectious diseases. "They also further
strengthen our ability to manage samples and efficiently conduct
clinical studies in emerging regions where a growing proportion of
infectious disease studies are performed."
PPD offers a flexible approach to microbiology
testing, performing disk diffusion and/or broth dilution assays to
determine antibiotic minimum inhibitory concentrations and provide data
to be used for establishing breakpoints. Since infectious disease
treatments being tested are not yet on the market, a diagnostic
microbiology laboratory in a hospital relying solely on an automated
platform may not have the flexibility needed to perform the required
antibiotic susceptibility testing.
In addition to the expansion of its microbiology services, PPD also has
continued to strengthen its testing services by selectively adding to
its menu of validated assays, which enables the company to support the pharmaceutical
industry's growing need for partners with extensive in-house testing
platforms. Over the course of the past year, the company validated 100
assays, increasing its total menu of available assays to 800.
PPD has central labs in Belgium, China, Singapore and the United States,
and has provided industry-leading laboratory expertise and technologies
to biopharmaceutical companies for nearly 25 years.
About PPD
PPD is a leading global contract
research organization providing drug
discovery, development and lifecycle management services. Our
clients and partners include pharmaceutical,
biotechnology,
medical
device, academic and government
organizations. With offices in 46 countries and more than 12,500
professionals worldwide, PPD applies innovative technologies,
therapeutic expertise and a commitment to quality to help clients and
partners accelerate the delivery of safe and effective therapeutics and
maximize the returns on their R&D investments. For more information,
visit http://www.ppdi.com.
Except for historical information, all of the statements,
expectations and assumptions, including statements, expectations and
assumptions about the continuing expansion of microbiology laboratory
services at PPD's central labs, contained in this news release are
forward-looking statements that involve a number of risks and
uncertainties. Although PPD attempts to be accurate in making these
forward-looking statements, it is possible that future circumstances
might differ from the assumptions on which such statements are based and
could cause actual results to differ materially from the forward-looking
statements. Other important factors that could cause future results to
differ materially include the following: risks associated with and
dependence on strategic relationships; rapid technological advances that
make our services less competitive; competition in the outsourcing
industry; compliance with drug development regulations; PPD's ability to
win new business; overall global economic conditions; economic
conditions, research and development spending, and outsourcing trends in
the pharmaceutical, biotechnology and government-sponsored research
sectors; consolidation in the pharmaceutical and biotechnology
industries; loss, delay or modification of large contracts;
higher-than-expected cancellation rates; the rate of conversion of
backlog into revenue; actual operating performance; the ability to
control SG&A spending; risks associated with acquisitions and
investments; the ability to attract, integrate and retain key personnel,
including our new chairman and CEO; and changes in the regulation of the
drug development process. PPD assumes no obligation and expressly
disclaims any duty to update these forward-looking statements in the
future, except as required by applicable law. These forward-looking
statements should not be relied upon as representing PPD's estimates or
views as of any date subsequent to the date hereof.

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