NEEDHAM, MA--(Marketwire - April 3, 2008) - Cambridge Healthtech Institute (CHI) of
Needham, MA today announced the acquisition of Barnett International from
PAREXEL International. Barnett is recognized as a leader in clinical
education and training resources. This acquisition expands CHI's product
portfolio to include Barnett's expansive list of seminars, webinars,
training consulting and publications. In addition, CHI and Barnett will
serve as publisher and distributor for PAREXEL's list of publications in
the clinical and regulatory segment, including PAREXEL's Bio/Pharmaceutical
R&D Statistical Sourcebook.
Cambridge Healthtech Institute (CHI) is the preeminent life science network
for leading researchers and business experts from top pharmaceutical,
biotech and academic organizations.
"This acquisition represents CHI's continued commitment to Life Sciences.
The Barnett product portfolio is an ideal match for CHI and enables us to
rapidly expand our offerings in the clinical and regulatory segment," said
Phillips Kuhl, president, Cambridge Healthtech Institute. "Barnett
International has a superior brand, reputation and proven track record of
delivering quality and we look forward to expanding on their success."
Barnett International will join CHI's established product offerings,
including over 100 Conferences, Insight Pharma Reports, Cambridge Media
Group including Bio-It World magazine and Cambridge Meeting Planners. Kuhl
explained: "Bringing these offerings together as one company increases
CHI's depth in the marketplace as well as reinforces our position as 'Your
Life Science Network.'"
Seven staff members will transfer to CHI and Needham, MA will become the
headquarters of Barnett operations. They will join the over 100 CHI
employees.
About Cambridge Healthtech Institute
Cambridge Healthtech Institute (CHI) is the preeminent life science network
for leading researchers and business experts from top pharmaceutical,
biotech and academic organizations. CHI's portfolio of products includes
Cambridge Healthtech Institute Conferences, Insight Pharma Reports,
Cambridge Marketing Consultants, Cambridge Meeting Planners and Cambridge
Healthtech's Media Group, which includes numerous e-newsletters as well as
Bio-IT World magazine.
Founded in 1992, Cambridge Healthtech Institute strives to develop quality
information sources that provide valuable new insights and competing points
of view while offering balanced coverage of the latest developments. Basic
research related to commercial implications is covered, with heavy emphasis
placed on end-user insights into new products and technology as well as
coverage on the strategy behind the business.
About Barnett International
Founded in 1979, Barnett International is widely recognized for its
superior consulting services and its targeted education and training
programs. Barnett helps clients get the most out of their research and
development dollars by managing change effectively, improving
organizational performance, and enhancing staff knowledge. The Barnett
approach is a unique combination of strategy development and practical,
hands-on implementation. The "Barnett Difference" is evident in our deep
understanding of the clinical research process and in the rapid and
tangible performance improvements we deliver.
We help pharmaceutical, biotechnology and medical device companies maximize
the speed and quality of their product development efforts. With an
international presence and with many staff members working from the client
site for increased benefits, Barnett is able to apply a global expertise to
its projects.
Our services include educational programs and products and consulting.
The source of our expertise:
-- Exclusively focused on the pharmaceutical/biopharmaceutical industry
for more than 20 years
-- A team of talented professionals (150+) with deep-rooted industry
insight and expertise, click here (http://www.barnettinternational.com/bi-mgmt.cfm)
to view our management team.
-- An in-depth understanding of different cultures and unique
organizations
-- Experience working with major pharmaceutical companies around the
world
-- Global resources with offices in the US and Europe
About PAREXEL International
PAREXEL International is a leading global bio/pharmaceutical services
organization, providing a broad range of knowledge-based contract research,
medical communications and consulting services to the worldwide
pharmaceutical, biotechnology and medical device industries.
Contact Information: Media Contact:
Cambridge Healthtech Institute
Tracey Fielding
Marketing Communications Manager
781-972-5429
.