Parexel - About the company
Parexel is an acquired company based in Waltham (United States), founded in 1983. It operates as a Global full-service CRO. , with last known valuation of $*****. The company has 339 active competitors, including 14 funded and 112 that have exited. Its top competitors include companies like Veristat, Siro Clinpharm and Emmes.
Company Details
Parexel International is a clinical research organization offering various services which broadly include consulting, clinical research, access, and informatics. Clinical research services include early phase services, phase II-III services, phase IIIb-IV, quantitative clinical development, genomic medicine, clinical trial supplies, clinical development Optimization and customer care. Informatics include perceptive MyTrials (Single-Point Access to Both Data and Applications to Simplify clinical trials), study Management and monitoring, clinical data management, pulmonary function testing and medical imaging. Consulting services include integrated product development, regulatory compliance, risk management and regulatory outsourcing. Access services include late-stage clinical operations, market access consulting, drug safety services and medical Communications. They offer their services for the clinical development of pharmaceuticals, medical devices, biologics, and biosimilars. They are currently present in 51 countries.
- Website
- www.parexel.com/
- Registered Address
- Newton, Massachusetts
Key Metrics
Founded Year
1983
Location
Waltham, United States
Stage
Acquired
Last Known Valuation
$***** as on Jul 02, 2021
Investors
Ranked
5th among 339 active competitors
Annual Revenue
$1B+ as on Jun 30, 2017
Employee Count
22,336 as on Aug 31, 2026
Exit Details
Acquired by EQT (Jul 02, 2021)
Legal entities associated with Parexel
Parexel is associated with 10 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SRIAS LIFE SPACES LLP CIN: AAX-3008 , India, Active | Jun 07, 2021 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
The Republic International Co. s.r.o. CIN: 08504393 , Czech Republic, Active | Sep 11, 2019 | - | - | |
PHAMCO s.r.o. CIN: 05694001 , Czech Republic, Active | Jan 11, 2017 | - | - | |
PAREXEL INTERNATIONAL D.O.O. CIN: 69992332029 , Croatia, Active | May 19, 2008 | $1M - $10M (As on Dec 31, 2022) | - | |
PAREXEL INTERNATIONAL CORP CIN: 799729 , United States, Active | Oct 24, 2021 | $1B+ (As on Jun 30, 2017) | - | - |
HERON HEALTH PRIVATE LIMITED CIN: U85100TS2007PTC190925 , India, Active | Sep 21, 2007 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 735 (As on Feb 29, 2024) | |
PAREXEL INTERNATIONAL SERVICES INDIA PRIVATE LIMITED CIN: U74900CH2014FTC035339 , India, Active | Dec 26, 2014 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 748 (As on Aug 01, 2025) | |
PAREXEL INTERNATIONAL (INDIA) PRIVATE LIMITED CIN: U74999TG2006PTC051626 , India, Active | Nov 11, 2006 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 3346 (As on Apr 01, 2026) | |
PAREXEL INTERNATIONAL CLINICAL RESEARCH PRIVATE LIMITED CIN: U74220KA2006PTC039077 , India, Active | Apr 24, 2006 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - | |
Parexel International Corporation CIN: 42776269 , United States, Active | Dec 26, 999 | - | 5084 (As on Dec 31, 2024) | - |
Parexel's acquisition details
Parexel got acquired by EQT and Goldman Sachs Asset Management on Jul 02, 2021 at an acquisition amount of $*****.
Click here to take a look at Parexel's acquisition in detail
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Parexel's funding and investors
Parexel is a funded company. Parexel has 4 institutional investors.
View details of Parexel's funding rounds and investors
Parexel's founders and board of directors
Founder? Claim ProfileParexel's employee count trend
Parexel has 22,336 employees as of Aug 26. Here is Parexel's employee count trend over the years:
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Parexel's Competitors and alternates
Top competitors of Parexel include Veristat, Siro Clinpharm and Emmes. Here is the list of Top 10 competitors of Parexel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Veristat 1994, Southborough (United States), Acquired | Clinical research organization accelerating complex therapies through strategic planning and execution | - | 60/100 | |
2nd | Siro Clinpharm 2000, Thane (India), Acquired | Company offering clinical development services | $5.25M | 60/100 | |
3rd | Provider of outsourced CRO services | - | 60/100 | ||
4th | Syneos Health 1984, Raleigh (United States), Public | Provider of CRO clinical development | - | 58/100 | |
5th | Parexel 1983, Waltham (United States), Acquired | Global full-service CRO | - | 57/100 | |
6th | Celgene 1986, Summit (United States), Acquired | Developer of therapies for treating cancer and inflammatory diseases | $45M | 57/100 | |
7th | Premier Research 1989, Durham (United States), Public | Provider of clinical trial CRO services | - | 55/100 | |
8th | Biorasi 2002, Miami (United States), Acquired | CRO delivering reliable, flexible, transparent clinical trials with scientific excellence | - | - | 54/100 |
9th | ClinChoice 1995, Fort Washington (United States), Series E | CRO focused on data management, regulatory affairs and consulting services | $212M | 53/100 | |
10th | Worldwide Clinical Trials 1986, Beverly Hills (United States), Acquired | Global CRO providing personalized support for clinical trials across diverse therapeutic areas | - | 52/100 |
Looking for more details on Parexel's competitors? Click here to see the top ones
Parexel's Investments and acquisitions
Parexel has not made any investments yet. Parexel has made 14 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Apr 29, 2026 | Acquisition | 2014 | Noida (India) | |
Feb 20, 2020 | Acquisition | 2005 | Brisbane (Australia) | |
Feb 01, 2017 | Acquisition | 2007 | Kennesaw (United States) |
See all acquisitions by Parexel
Reports related to Parexel
Here is the latest report on Parexel's sector:
News related to Parexel
Media has covered Parexel for a total of 7 events in the last 1 year, 3 of them have been about company updates and 2 about partnerships.
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Parexel anticipates growth from biotech funding recovery and expands in India as GCC and commercial marketMoneycontrol•Oct 01, 2026•Parexel
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Parexel Launches Biotech Incubator Initiative to Support Early-Stage Therapeutics CompaniesContract Pharma•Jun 22, 2026•Parexel
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Parexel Launches ParexelAI Suite of Human-Led AI Services for Clinical TrialsHIT Consultant•May 18, 2026•Parexel
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Parexel Acquires Vitrana to Enhance AI-Powered Patient Safety SolutionsGlobeNewswire•Apr 29, 2026•Vitrana, Parexel
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Faron Announces Collaboration with Parexel to Support Phase IIb BEXERA Trial in Treatment-Naïve HR-MDSAccess Newswire•Apr 16, 2026•Faron Pharmaceuticals, Parexel
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Parexel Data Breach Claims Investigated by Lynch CarpenterBenzinga•Dec 19, 2025•Parexel, Lynch Carpenter
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Parexel and Paradigm Health Partner to Expand Access and Efficiency in Clinical TrialsGlobeNewswire•Sep 16, 2025•Paradigm, Parexel
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