Press Release -For immediate release – 5:45p CET
Median Technologies and CMIC HOLDINGS Co., Ltd. announce agreement to provide comprehensive clinical trial services – Collaboration will enable best-in-class services for oncology clinical trials in Japan, China and East Asia
Median Technologies, the industry-leading Imaging Phenomics Company® (Paris: ALMDT) and CMIC HOLDINGS Co., Ltd. (CMIC), a leading Contract Research Organization (CRO) with services for development, manufacturing, sales, and marketing of pharmaceutical products, today announced a collaborative agreement for comprehensive clinical trial services. Together, Median and CMIC will leverage complementary expertise to help biopharmaceutical companies accelerate oncology drug development in Japan, China and East Asia.
The agreement came following an onsite audit at Median’s headquarters in France late last year. Through the collaboration, CMIC will access Median’s innovative imaging technologies, services and imaging expertise. It also extends Median’s access to biopharmaceutical sponsors with clinical trials in Asia. Median and CMIC will promote and deliver their combined services to speed oncology drug development and provide innovative therapies to patients who need them.
“The agreement with CMIC, a leading CRO in Asia, is a landmark event for Median Technologies. With our enhanced technology and in-depth expertise in oncology medical image interpretation and management, we complement their offering in a key area of growth.” said Nicholas Campbell, Chief Commercial Officer at Median Technologies. “We have been accelerating our expansion in Asia with the opening of our subsidiary in Shanghai and recent key new hires in Japan and China. Our CMIC collaboration strengthens our efforts and extends our footprint for our clinical trial business in the fast-growing Asian market. We look forward to a fruitful partnership,” added Campbell.
“The collaboration with Median will further strengthen CMIC’s oncology trial capabilities. This partnership with Median will reinforce CMICs One-Stop-Service advantage by allowing our biopharmaceutical clients to access Median’s innovative imaging technologies and expertise in addition to CMIC’s strong experience in oncology trials. We believe this will allow us to provide more satisfying services to our clients. Through this cooperation, we would like to continue building more partnerships in oncology between our two companies,” said Toru Fujieda, Managing Director, Executive Corporate Officer of CMIC HOLDINGS.