CRO

bioRASI Completes Acquisition of Ukrainian CRO

Aventura, FL -- March 28, 2013 -- bioRASI, a full service, global Contract Research Organization (CRO), announced today that it has acquired Sponsors Clinical Research Group, LLC (SCRG), a Ukrainian based regulatory and clinical CRO. SCRG was established in 2004 and has been conducting clinical studies in an extensive range of therapeutic areas including cardiology, neurology, oncology, endocrinology and pulmonology.

"We have been working with SCRG for over a year and have been impressed with the superior expertise of its staff, so it was only natural to consider a more integrated structure," explained Dr. Boris Reznik, Chairman of bioRASI. "This acquisition enhances bioRASI's global infrastructure focused on delivering optimized clinical development for our sponsors who are under increasing pressure to accelerate drug development timelines while minimizing costs."
The acquisition of SCRG addresses the ever-increasing demand for optimizing global clinical trials and builds upon bioRASI's already commanding presence throughout Eastern Europe.

"While SCRG has been working for many global sponsors and CROs, we have never experienced the powers of project management comparable to that of bioRASI," explained Dr. Veklych, SCRG's Executive Director. "An integrated set of tools embodied in the bioRASI Process Infrastructure (BPI) greatly enhances optimized project delivery capabilities. We are excited about being a part of bioRASI's winning team."   

About bioRASI

bioRASI is an award-winning Full Service Global CRO providing clinical development services that optimize its sponsors' scientific, clinical, and business results. bioRASI facilitates obtaining global marketing approval for drugs, biotherapeutics, and medical devices by delivering high quality regulatory and clinical strategies, solutions and services. The Company's unique access to the largest facilities and patient populations worldwide saves clients critical time. bioRASI's services include program optimization, project management, regulatory, clinical, data management and analysis, compliance and audit. bioRASI is headquartered in Aventura, FL and has regional offices and operations across North America and around the world.