PRA Health Sciences was a contract research organization (CRO) with headquarters in Raleigh, North Carolina. It was established in 1976 and acquired by ICON in 2021.
Background
PRA was founded as the Anti-Inflammatory Drug Study Group in 1976, renamed PRA in 1982, as it expanded into other therapeutic areas besides inflammation.[2] In 2013 the company was acquired by Kohlberg Kravis Roberts, which brought the company public in November 2014 and maintained shares until September 2019.[3] In August 2017, the company acquired Conshohocken-based real-world healthcare data, analytics, and technology solutions company Symphony Health for US$530 million.[4] PRA's 2018 revenue was US$2.87 billion.[5] PRA was acquired by ICON PLC on 1 July 2021.[6]
External links
References
- See SEC Edgar index page for PRA for updates PRA 10-K For the fiscal year ended December 31, 2017 PRA Health Sciences via SEC Edgar, 2018-02-02^
- PRA Health Sciences becomes latest big CRO to launch IPO CenterWatch News Online, 13 November 2014^
- PRA Health Sciences Announces Secondary Offering and Concurrent Share Repurchase Globenewswire, September 3, 2019^
- Angus Liu. PRA Health Sciences makes $530M Symphony buy, reports 16% revenue growth in Q2 FierceBiotech, August 8, 2017^
- Investors | ICON PLC^
- ICON acquisition creates world-leading healthcare intelligence and clinical research organisation 1 July 2021^