WCG acquires PharmaSeek.

Byline: Anthony Vecchione

Princeton-based WIRB-Copernicus Group (WCG) announced Thursday the acquisition of PharmaSeek LLC, including its wholly-owned subsidiaries PFS Clinical and PatientWise, leading providers of turn-key administrative, consulting, patient recruitment and training solutions for clinical research sites.

Like WCG's previous acquisitions, PharmaSeek said it would continue to operate independently and retain its headquarters in Madison, Wis. while WCG will provide the company with access to capital, expertise and corporate operational support.

PharmaSeek is in the business of helping institutions, investigators and independent sites decrease study start-up timelines and reduce cost by assuming the administrative burdens of their research management, including study identification, contract and budget negotiation, coverage analysis, financial management and patient recruitment.

"At WCG, we are proud to support the members of the research ecosystem with best-of-breed solutions to optimize their participation in clinical trials," said Donald Deieso, executive chairman and chief executive officer of WCG.

"Sites are the connective tissue that unites all of the elements of clinical research; sites are where sponsors and patients come together, and where science and execution intersect. It is in the best interest of the entire research ecosystem that we help our existing sites to remain healthy and vital, and that we make research more accessible and manageable for new...