KIRKLAND, WASHINGTON - January 18, 1999 - Radiant Research
announces the acquisitions of two premier clinical research sites:
Mid-Continent Clinical Trials in Overland Park, KS and the Bone Research
Center in Reading, PA. Mid-Continent Clinical Trials is led by Carlos A.
Dujovne, M.D., an internationally recognized authority in
hypercholesterolemia, hypertension and lipid research. The Bone Research
Center is led by Ronald D. Emkey, M.D., a national leader in researching
the treatment and prevention of osteoporosis in women.
Mid-Continent Clinical Trials (formerly the Lipid, Arteriosclerosis
& Metabolic Clinic at Kansas University Medical Center) began
performing clinical studies in cardiovascular disease in the 1970s. Dr.
Dujovne, an internist and clinical pharmacologist, has been the Principal
Investigator on more than 150 trials studying lipid disorders, stroke,
diabetes, obesity and hypertension. Dr. Dujovne has also published more
than 180 original scientific articles in journals such as New England
Journal of Medicine, the Journal of American Medical Association,
and the American Journal of Cardiology.
"We have been approached by many SMOs, but felt the Radiant
investigator group stood head and shoulders above the rest," said
Carlos A. Dujovne, M.D., Medical Director of Mid-Continent Clinical
Trials. "We were also attracted by Radiant's Leadership Team, their
sensitivity to our needs, and their ability to integrate sites
successfully into the SMO world. We are anticipating a number of
operational and business development benefits from our decision to join
Radiant."
Ronald D. Emkey, M.D. has been a leading researcher in osteoporosis for
over 25 years and has published extensively in major medical journals. As
Chairman of the Rheumatology Section of the Reading Hospital, Dr. Emkey
has been intimately involved in a number of important research projects.
Since 1990, Emkey has expanded into a variety of therapeutic indications
aimed at women's health, including the study of estrogen preparations and
breast cancer prevention drugs.
"The sophistication of Radiant's business infrastructure was
extremely compelling for us," said Ronald D. Emkey, M.D., Medical
Director of the Bone Research Center. "We are excited to be joining
an organization that can take a lot of the administrative work off of our
hands, giving us more time to do what we do best - performing high
quality clinical research for our clients. There is a very good fit with
the Radiant Leadership Team, and I am certain they are the best group to
take our research into the next century."
"The integration of these two sites is representative of Radiant's
external growth strategy -- the acquisition of proven, high-performance
sites with nationally recognized Principal Investigators," commented
Radiant CEO, Michael K. Lester. "Dr. Emkey's decision to join Radiant
completes our vision of bringing the best in rheumatology, osteoporosis
and women's health research together into one company. We are confident
that the Radiant team of bone research clinicians is the best in North
America."
"Dr. Dujovne's decision to join Radiant is a major win for us
given his extensive experience in lipid and obesity research, and his
presence as a thought leader within that arena," Mr. Lester
continued. "It further solidifies our capabilities in cardiovascular
and metabolic research and demonstrates our continued commitment to a
multi-specialty approach."
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About Radiant Research
Based near Seattle, Washington, Radiant Research (radiantresearch.com) is a comprehensive clinical research and development company serving the biopharmaceutical and medical device industry. Radiant is comprised of more than 30 wholly-owned premier clinical research centers nationwide, employing over 500 clinical research professionals exclusively focused on providing professional, high quality study conduct and drug development services. In the past four years, Radiant has conducted more than 8,000 clinical trials across 18 therapeutic specialties.
| Contact: |
|
Michael K. Lester
Chief Executive Officer
RADIANT RESEARCH
(425) 468-6200 |
Pamela M. Spaniac
Chief Financial Officer
RADIANT RESEARCH
(425) 468-6200 |