Patrick Walsh, Director in Ziegler’s Healthcare Corporate Finance Practice and lead banker on the Symphony transaction commented, “Symphony is a textbook example of the industry’s effort to increase focus on the patient, and to make clinical trials less burdensome.."
CHICAGO (PRWEB) November 01, 2019
Ziegler, a specialty investment bank, is pleased to announce its role as the exclusive financial advisor to Symphony Clinical Research (Symphony) on its recent acquisition by ICON plc, a global contract research organization (CRO) based in Dublin, Ireland.
Headquartered in Vernon Hills, Illinois, Symphony is a pioneer in the field of in-home clinical research study services in the fields of pharma services and drug development. In partnership with its Symphony Global AllianceSM Network, Symphony collaborates with clinicians, clinical research sites, pharmaceutical companies, and CROs to bring clinical trial visits directly to the patient. These direct-to-patient, in-home services assist in patient recruitment and patient retention, key factors in reducing the time and cost of bringing innovative and life-improving therapies to market.
Symphony’s global footprint, providing services in North America, Central America, South America, Europe, Africa, the Middle East, and the Asia / Pacific region, will be highly complementary to ICON’s outsourced development and commercialization services to pharmaceutical, biotechnology, medical device, and government and public health organizations around the world.
“We are so proud of the work we have done at Symphony to develop a platform that can better meet the patient’s needs, while maintaining the critical processes and controls that are so vital to drug development,” stated Nicki M. Norris, CEO of Symphony. “We are excited to partner with ICON in order to take our services to an even broader audience, and we are delighted with the contribution that Ziegler made to our team of advisors.”
Added Laurie Streling, COO / CFO of Symphony: “I couldn’t imagine a better partner for the Symphony team or a better way to advance our mission to improve patients’ lives by accelerating R&D decisions. ICON’s philosophy of focusing innovation on reducing time and cost, together with increasing the quality of clinical trials, is an excellent fit for the culture we have developed at Symphony.”
Patrick Walsh, Director in Ziegler’s Healthcare Corporate Finance Practice and lead banker on the Symphony transaction commented, “Symphony is a textbook example of the industry’s effort to increase focus on the patient, and to make clinical trials less burdensome on the individual and less expensive for the healthcare systems of the world. It has been a privilege to work with Nicki and Laurie, and we are thrilled about the outcome.”
Ziegler's Corporate Finance team is focused on delivering best-in-class advisory and financing solutions for companies and organizations across the healthcare industry. In our core practice areas of healthcare services, information technology, hospitals and senior living, Ziegler is one of the most active M&A firms offering innovative sell-side, buy-side, recapitalization/restructuring, equity private placement and strategic partnering services.
For more information about Ziegler, please visit us at http://www.ziegler.com.
Ziegler is a privately held, national boutique investment bank, capital markets and proprietary investments firm. We have a unique focus on the healthcare, senior living and education sectors, as well as general municipal and structured finance. Headquartered in Chicago with regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, strategic advisory, fixed income sales & trading and research. To learn more, visit http://www.ziegler.com.
Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client’s experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees.