PCM TRIALS Expands Global Reach with Clinical Trial Service B.V. Acquisition
Deal News | Nov 01, 2024 | Osborne Clarke
Osborne Clarke, an internationally acclaimed law firm, has successfully advised PCM TRIALS on its formidable acquisition of Clinical Trial Service B.V. (CTS), a Dutch firm with an extensive history in DCTs. PCM TRIALS, a US-based leader in providing mobile research nurses for decentralized clinical trials, aims to reinforce its position as the premier independent provider of mobile visit services through this acquisition. With over three decades of experience, CTS brings to PCM TRIALS an impressive track record of managing staffing solutions for global clinical trials, showcasing its proficiency in a vast array of international markets. The strategic deal paves the way for PCM TRIALS to offer the most direct nursing model worldwide, propelled by CTS's operational presence in over 80 countries. The Osborne Clarke team behind this transaction combined multidisciplinary expertise, underlining their commitment to the life science and healthcare sectors. With this move, PCM TRIALS now stands as a powerful entity with the most extensive global reach in its sector, indicating a significant shift in the landscape of decentralized clinical trials.
Sectors
- Legal Services
- Healthcare
- Pharmaceuticals
Geography
- United States – PCM TRIALS is based in the USA and is one of the primary entities involved in the acquisition.
- Netherlands – Clinical Trial Service B.V. is a Dutch company which has been acquired by PCM TRIALS.
Industry
- Legal Services – Osborne Clarke is a leading international law firm involved in the transaction, providing specialized legal services in corporate M&A.
- Healthcare – The transaction involves companies operating within the healthcare sector, specifically in the decentralized clinical trials space.
- Pharmaceuticals – Clinical Trial Service B.V. has a legacy in managing global clinical trials which are integral to the pharmaceutical industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| PCM TRIALS | Bidding Company | Company | |
| Clinical Trial Service B.V. | Target Company | Company | |
| Osborne Clarke | Legal Advisor | Company |