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Cenexel Acquires Iresearch

May 03, 2022•over 3 years ago

Acquiring Company

CenExel Clinical Research

Acquired Company

iResearch

Salt Lake CityHealth Care

Description

CenExel announces the acquisition of iResearch (“CenExel iResearch”), a leading multi-specialty research site business with locations in Decatur, GA and Savannah, GA. CenExel iResearch has deep experience conducting Phase I-IV studies, having supported more than 200 clinical trials in both the inpatient and outpatient setting. The primary therapeutic areas served by CenExel iResearch include Psychiatry (Depression, Bipolar Disorder, Schizophrenia), Neurology (Alzheimer’s Disease, Dementia, Sleep), Vaccine, Women’s Health, and Dermatology studies.

Company Information

Company

CenExel Clinical Research

Location

Salt Lake City, Utah, United States

About

CenExel Clinical Research (www.CenExel.com) provides unparalleled medical and scientific support in the design and execution of clinical trials. Our therapeutic area focus and attention to detail assures quality, reliable results and has helped CenExel to consistently achieve and exceed patient recruitment goals. CenExel Centers of Excellence have conducted thousands of studies, the variety and complexity of which have resulted in a vast depth of experience and insight for the Principal Investigators and research staff in each facility. The CenExel Centers of Excellence deliver the engagement, expertise, and results to ensure that their clients achieve their clinical research goals.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
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