KIRKLAND, WASHINGTON - August 31, 1998 - Clinical reSearchNet, Inc.
announces the acquisition of Lawrence Clinical Research Center in
Lawrenceville, New Jersey. The Lawrence Clinical Research Center is headed
by W. Thomas Garland, M.D., a leading researcher in cardiovascular
diseases, diabetes, and chronic pain.
"The Lawrence Clinical Research Center provides a superb beachhead
for the Company in the area of cardiovascular disease," commented
Clinical reSearchNet, Inc.'s CEO Michael K. Lester. "Dr.
Garland's extensive experience in lipids, hypertension and peripheral
vascular disease will help us establish a solid presence in these
therapeutic areas. We are continuing to build a broad therapeutic presence
within the study execution marketplace, and The Lawrence Clinical Research
Center is representative of this." Clinical reSearchNet now conducts
clinical trials in over ten major therapeutic categories at its nine
dedicated clinical research sites. "Furthermore, Dr. Garland runs an
extremely efficient operation at the Lawrenceville site. We are eager to
integrate his management and operations strategies with our other
sites."
"Over the past year we have been approached by several site
management organizations interested in acquiring our site," said Dr.
Garland. "We have concluded that Clinical reSearchNet, Inc. is the
clear leader in this emerging industry, and we are delighted to be joining
this elite group of clinical research sites."
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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 |
