Parexel

Waltham, United States Founded: 1983 • Age: 43 yrs Listed Acquired By EQT
Full-service clinical research organization services are provided globally by Parexel.

About Parexel

Parexel is a Healthcare company based in Waltham (United States) founded in 1983, and was acquired by EQT in July 2021. Full-service clinical research organization services are provided globally by Parexel. Parexel has completed 14 acquisitions, including 3ClinicalResearch, Atlas Medical Services and California Clinical Trials. Its chief executive, as recorded, is Peyton Howell. Its website parexel.com draws about 221 thousand monthly visits. Its focus areas include Biopharma Outsourcing, CRO, Clinical Development and Full Service. Its competitors include Celgene, Syneos Health and Medelis WCCT Global; 2 of its 3 listed competitors have raised funding.

Company details

Parexel International was founded in 1983 and is headquartered in Waltham, United States. Operations are conducted as a clinical research organization in the biopharmaceutical sector, with services encompassing clinical trials across phases I-IV, consulting on regulatory compliance and product development, informatics for data management, and access solutions for market entry and drug safety. Presence is maintained in 51 countries, supporting development of pharmaceuticals, biologics, medical devices, and biosimilars.

Key Metrics

Apps and channels of Parexel

its YouTube channel Parexel International has 3.07K subscribers and 30 videos.

Parexel International
YouTube 3.07K subscribers 30 videos Science & Technology
Open channel

Videos from Parexel

The most watched videos on Parexel's YouTube channel, Parexel International (3.07K subscribers). Click a video to play it here.

Parexel’s Clinical Trial Supplies & Logistics Solution
2.3K views
Working With Heart™ - Christina's Clinical Operations Manager Perspective
570 views
Part 1: Future predictions
517 views
About Parexel Japan - Hear from Mutsukuni Kataoka, Executive Director, Clinical Operations Japan
391 views

More on Parexel International.

Investors in Parexel

Parexel has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include EQT, Goldman Sachs Asset Management and Pamplona Capital Management.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
EQT is recognized as a global investment organization focused on value creation.
1994eqtgroup.comStockholm, Sweden
Private equity investment firm focused on multiple sectors
pamplonafunds.comLondon, United Kingdom
Global asset management and investment solutions are provided.
1989gsam.comLondon, United Kingdom
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Investor details for Parexel

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Board of directors of Parexel

The boards of the 5 registered companies of Parexel currently have 10 directors; the longest-serving is Michael Francis Crowley Iii, appointed in 2017. 52 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Michael Francis Crowley Iii
DIN 08029403
Director20 Dec 20178 yrs 10 moParexel International Services India Private Limited, Parexel International Clinical Research Private Limited, Parexel International (India) Private Limited
Sanjay Champalal Vyas
DIN 08494946
Director27 Jun 20197 yrs 4 moParexel International Services India Private Limited, Parexel International Clinical Research Private Limited, Parexel International (India) Private Limited
Paul Joseph Armstrong
DIN 08828392
Director10 Aug 20206 yrs 3 moParexel International Clinical Research Private Limited
Sureshkumar Reddy Parvathareddy
DIN 02343804
Designated Partner07 Jun 20215 yrs 5 moSrias Life Spaces Llp
Xavier Anne J Defourt
DIN 08950913
Director24 Apr 20233 yrs 6 moHeron Health Private Limited
Prameela Adapa
DIN 10235973
Director24 Jul 20233 yrs 3 moHeron Health Private Limited
John Ronald James Benoit
DIN 10685026
Director01 Jul 20242 yrs 4 moParexel International Services India Private Limited, Parexel International Clinical Research Private Limited, Parexel International (India) Private Limited
Dasari Venkata Subba Reddy
DIN 03086369
Designated Partner25 Dec 20241 yr 10 moSrias Life Spaces Llp
Raja Kalyan Chakravarthy Uppuluri
DIN 08321397
Designated Partner25 Dec 20241 yr 10 moSrias Life Spaces Llp
Raja Kumar Kurra
DIN 02240665
Partner25 Dec 20241 yr 10 moSrias Life Spaces Llp

People of Parexel

768 people are tracked at Parexel (322 in leadership, 446 in team).

NameRoleGroup
Peyton Howell
Chief Executive OfficerLeadership
Helen Lingard
Vice PresidentLeadership
Greg Rush
Executive Vice President and Chief Financial OfficerLeadership
Noelia Javega
Senior Director, Project LeadershipLeadership
Robin Morris
Project DirectorLeadership
Emily Heaps
Executive Director Talent Management And Organization DevelopmentLeadership
Sarah Daniels
Senior Director, Human Resources EMEALeadership
Angela Hirst
Senior Director, Oncology Site Alliance NetworkLeadership
Pharm. Rodolfo M. Aiello
Associate Director - Portfolio ManagementLeadership
Kris Weldon
Executive Director, Project LeadershipLeadership
Johnny Lancaster
General ManagerLeadership
Gary Swartz
Associate Director - Decentralized Clinical Trials Solution ArchitectLeadership
Pei san Lim
Senior Director, Project Quality & Risk ManagementLeadership
Inga Schmeding
Senior Director, Project LeadershipLeadership
Patrice Sullivan
Executive Director, Organizational ReadinessLeadership
Ssu Wang
Executive Director, Talent AcquisitionLeadership
Annemie Vanhoorne
Senior Director, Enterprise Clinical Operations Leaders, EMEALeadership
Amy Pace
Vice President, BiostatisticsLeadership
Rob Goodwin
Chief Operating OfficerLeadership
Michelle Verhaeghe
Vice President, FSP Clinical OperationsLeadership

748 more people are available in the full profile.

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Financials of Parexel

Figures of Parexel International Services India Private Limited, the primary company behind Parexel, for FY 2026. Revenue was ₹126 Cr (-8% year on year). Net profit was ₹20.12 Cr (17% margin). EBITDA was ₹22.70 Cr (19% margin). Revenue has grown at a compounded annual rate of -7% over three years and -2% over five years.

  • ₹126 CrRevenue · FY 2026 · -8% YoY
  • ₹20.12 CrNet profit · 17% margin
  • ₹22.70 CrEBITDA · 19% margin
  • ₹40.49 CrPaid-up capital
  • 884Employees (provident fund records)
  • -7%Revenue CAGR, 3 years
  • -2%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Parexel International Services India Private Limited are on its company page.

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Detailed financial statements for Parexel

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Investments & Acquisitions by Parexel

Parexel has strategically engaged in corporate development activities, having acquired 14 companies. Notable acquisitions include 3ClinicalResearch, Atlas Medical Services and California Clinical Trials.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Offers software solutions for pharmacovigilance, clinical research, and data analytics.
vitrana.comNoida, India2014Apr 2026••••
PK/PD modelling, simulation and analysis services
model-a.com.auBrisbane, Australia2005Feb 2020••••
Provider of medical affairs and consulting services to biopharma
themedicalaffairscompany.comKennesaw, United States2007Feb 2017••••
Specialized CRO services are provided to pharma and biotech companies.
execupharm.comKing Of Prussia, United States2009Sep 2016••••
Provider of strategic consulting services to healthcare and life sciences firms
healthadvances.comWeston, United States1992Jan 2016••••
Pharmacovigilance services are offered by Quantum Solutions as a CRO.
qsi.inChandigarh, India2004Mar 2015••••
Cloud-based patient population and health management is offered to providers.
clinintell.comTampa, United States2011Oct 2014••••
Clinical randomization and trial supply management services are provided.
clinintel.comCrawley, United Kingdom2008Oct 2014••••
CRO providing clinical research services for drug development
atlascro.comIstanbul, Turkey2005Jul 2014••••
Software services for life sciences regulatory processes are provided.
liquent.comHorsham, United States1994Dec 2012$72M
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Timeline of Parexel

14 dated milestones of Parexel across 43 years, from founding to its latest funding, stage changes and deals.

  1. Founded Parexel is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Liquent.
  4. Acquisition Acquires Atlas Medical Services.
  5. Acquisition Acquires ClinIntel.
  6. Acquisition Acquires ClinIntell.
  7. Acquisition Acquires QSI.
  8. Acquisition Acquires Health Advances.
  9. Acquisition Acquires Execupharm.
  10. Acquisition Acquires The Medical Affairs Company.
  11. Exit Acquired by Pamplona Capital Management.
  12. Acquisition Acquires Model Answers.
  13. Exit Acquired by EQT.
  14. Acquisition Acquires Vitrana.

Competitors of Parexel

Parexel has 3 listed competitors in our database, 2 of them funded. They include Celgene, Syneos Health and Medelis WCCT Global.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
celgene.com1986Summit, United States$45M4,891
Therapies for cancer and inflammatory diseases are developed.
syneoshealth.com1984Raleigh, United States29,395
CRO clinical development services are provided by Syneos Health.
wcct.com1998Cypress, United States$17M229
Full-service CRO expertise in influenza and oncology research is offered.
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Detailed competitors of Parexel

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Web traffic of Parexel

The website of Parexel (parexel.com) receives about 220.8K visits a month and ranks #203,256 among all websites worldwide, #6,596 in Health.

  • Monthly visits
    220.8K

    ▲ 6.2% vs previous month

  • Unique visitors
    86.4K

    per month

  • Global rank
    #203,256

    among all websites

  • Category rank
    #6,596

    Health · Health

Similar websites

Websites whose visitors overlap most with Parexel. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
quintiles.com
100%
#377,823View details
bms.com
83%
809.8K#67,210View details
gsk.com
82%
1.3M#56,834View details
alcon.com
82%
171K#286,128View details
abbott.com
82%
917.2K#65,577View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Top companies in Biopharma Outsourcing & Drug Delivery

3 companies that operate in the same segment as Parexel (Biopharma Outsourcing & Drug Delivery) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Suite solutions are provided for payers and healthcare providers.
1998Princeton, New Jersey, United StatesUSD 220 MUSD 374.1 M5,666
Wearable insulin infusion systems are developed for diabetes patients.
2000Boston, Massachusetts, United StatesUSD 120.4 MUSD 2.71 B3,900
Developer of small-molecule drugs
1991Los Angeles, California, United StatesUSD 50 MUSD 348.97 M407
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Related news about Parexel

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Frequently Asked Questions about Parexel

Parexel was founded in 1983.

Parexel is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.

Peyton Howell is the CEO of Parexel, as recorded in our data.

Parexel International was founded in 1983 and is headquartered in Waltham, United States. Operations are conducted as a clinical research organization in the biopharmaceutical sector, with services encompassing clinical trials across phases I-IV, consulting on regulatory compliance and product development, informatics for data management, and access solutions for market entry and drug safety. Presence is maintained in 51 countries, supporting development of pharmaceuticals, biologics, medical devices, and biosimilars.

Parexel's top competitors include Syneos Health, Medelis WCCT Global and Celgene.

Parexel has made 14 acquisitions, including 3ClinicalResearch, Atlas Medical Services, and California Clinical Trials.

Parexel has 3 investors. Key investors include EQT, Goldman Sachs Asset Management, and Pamplona Capital Management.

Parexel is associated with 5 legal entities: Srias Life Spaces Llp, Parexel International Services India Private Limited, Heron Health Private Limited and others.

Yes. Parexel was acquired by EQT in July 2021.

The legal entities of Parexel currently have 12 directors, including Dasari Venkata Subba Reddy, Raja Kalyan Chakravarthy Uppuluri, Raja Kumar Kurra and others.

The website of Parexel receives about 221 thousand visits a month and ranks #203,256 among all websites worldwide.

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