PCM Trials Broadens Clinical Trial Horizons with Strategic Dutch Acquisition

Deal News | Nov 01, 2024 | Osborne Clarke

PCM Trials Broadens Clinical Trial Horizons with Strategic Dutch Acquisition

Osborne Clarke, an international law firm with a specialization in life sciences and healthcare, has successfully advised PCM Trials on the acquisition of Clinical Trial Service B.V., a Dutch company prominent in global clinical trials management. PCM Trials, a US-based leader in decentralized clinical trials (DCTs), with this acquisition significantly expands its global operations. The combined entity stands as the most experienced independent provider of mobile visit services, boasting the largest geographic range in support of DCTs. The deal, seen as a strategic move for PCM Trials, allows them to implement a more direct nursing model worldwide. The Osborne Clarke team, led by Herke van Hulst, encompassed expertise across various fields including corporate M&A, tax, data protection, employment, real estate, and regulatory compliance—demonstrating their multidisciplinary approach. This move is indicative of the growing trend in healthcare towards more patient-centric, decentralized clinical trial models and reflects the increasing importance of mobile health services in extending the reach of clinical research.

Sectors

  • Healthcare & Pharmaceuticals
  • Legal Advisory & Consultancy
  • Life Sciences

Geography

  • United States – PCM Trials is based in the USA and is the acquiring company in the transaction.
  • Netherlands – Clinical Trial Service B.V., the acquired company, is a Dutch enterprise, making the Netherlands relevant to the transaction.
  • International – The acquisition has extended PCM Trials' reach internationally with services provided in over 80 countries.

Industry

  • Healthcare & Pharmaceuticals – The article relates to companies that operate in the healthcare sector, specifically around clinical trials and mobile research nursing services.
  • Legal Advisory & Consultancy – The involvement of Osborne Clarke, a law firm, indicates legal advisory services provided for M&A transactions within the healthcare sector.
  • Life Sciences – The transaction involves companies that support medical research, a critical component of the life sciences industry.

Financials

  • Not specified – The deal price and financial terms of the acquisition are not disclosed in the article.

Participants

NameRoleTypeDescription
Osborne ClarkeLegal AdvisorCompany
PCM Trials - Quality Mobile ResearchAcquiring CompanyCompany
Clinical Trial Service B.V.Target CompanyCompany
Herke Van HulstPartner of Osborne ClarkePeople
Christy CraseSenior Vice President & General Counsel of PCM TrialsPeople