Princeton-based WIRB-Copernicus Group, a provider of solutions for clinical research, announced Wednesday it has acquired KMR Group and Metrics Champion Consortium.
“We are delighted to welcome the teams from KMR Group and MCC to WCG and excited to further solidify our role as the industry’s most powerful and reliable source for industry benchmarking,” said Donald A. Deieso, chairman and CEO of WCG.
“WCG has developed the most robust knowledge base in the industry — a product of our deep relationships with biopharmaceutical companies, CROs and clinical research sites,” Deieso said. “We embed our extraordinary knowledge base of information within our broad set of clinical services and products, with the goal of improving the conduct of clinical trials. The industry-leading combination of KMR Group and MCC provides our clients unmatched benchmarking data and insights with which to compare their performance with peers. These actionable insights provide clients the advantage of “knowing rather than guessing” in the critical decisions affecting their studies.”
KMR Group and MCC are both management companies focused on clinical research and development. They provide benchmarking, databases, market intelligence reports, newsletters, books, conferences, webinars and more.
The pair will operate independently as part of WCG’s Market Insights and Intelligence Division.
“We are very excited to join WCG and its family of market insights and intelligence services,” said Linda Martin, president of KMR Group. “We believe the alignment of KMR Group into WCG’s Market Insights and Intelligence Division will create and expand the industry’s most trusted and reliable source of evidence with which to plan strategic R&D and to execute clinical studies.”
“We look forward to aligning our leading metrics services and consortiums of clients to WCG’s broader market insights and intelligence solutions. We believe our members and active working groups will see great value in the increased access to rich data sets, benchmarks and publications offered by the companies of WCG and the Market Insights and Intelligence Division,” Linda Sullivan, executive director of MCC, said.
Financial terms were not disclosed.