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Acquisition
Veeda Oncology Acquires International Oncology Network Clinical Research
It aims to strengthen its global position in oncology
 Veeda
Oncology announced the acquisition of US based International Oncology Network
(ION) Clinical Research. In addition, Veeda Oncology and ION agreed to a five
year exclusive agreement under which Veeda Oncology will provide clinical research
support to the ION Network of sites. The acquisition of ION Clinical Research
would provide Veeda with immediate access to the 50 ION sites that conduct oncology
clinical research in the US. Veeda Oncology is a global Oncology CRO with operations
in India, Eastern Europe, Western Europe and the US. The company is a full service
oncology CRO for Phase I through Phase IV studies with the unique capability
of providing rapid and strong global patient accrual with an effective cost
structure. Commenting on the acquisition, Binoy Gardi, Co-Group Managing Director
and Co-Founder, Veeda Group said, "The agreement with ION substantially
increases our ability to provide our sponsors with rapid global accrual of oncology
patients beyond our relationships with institutions in India, Eastern Europe,
Western Europe as well as our current site relationships in the US." Matt
Bowman, President and CEO of Veeda Oncology stated, "The access to the
50 ION clinical research sites significantly compliments our strategy of rapid
access to oncology patients for global clinical trials. In addition, all of
the personnel of ION clinical research will be joining Veeda Oncology and we
are very pleased to be adding such terrific oncology professionals." Veeda
Oncology is a part of the Veeda Group that includes Veeda Clinical Research
(Veeda CR), which is a full service global CRO specialising in the early clinical
development of drugs with top-class clinical pharmacology units in the UK, Europe
and India. Veeda CR has dedicated clinical pathology, bioanalysis, biomarker
and immunogenicity laboratory services which are GLP accredited and has access
to an extensive database of volunteers.
EH News Bureau
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