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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.
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Registered Address
Newton, Massachusetts
Key Metrics
Founded Year
1983
Location
Waltham, United States
Stage
Acquired
Last Known Valuation
$***** as on Jul 02, 2021
Ranked
Annual Revenue
$1B+ as on Jun 30, 2017
Employee Count
22,336 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by EQT (Jul 02, 2021)

Parexel's acquisition details

Parexel got acquired by EQT and Goldman Sachs Asset Management on Jul 02, 2021 at an acquisition amount of $*****.
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Parexel's funding and investors

Parexel is a funded company. Parexel has 4 institutional investors.

Parexel's founders and board of directors

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Parexel's employee count trend

Parexel has 22,336 employees as of Aug 26. Here is Parexel's employee count trend over the years:
Employee count trend for Parexel
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Veristat
Veristat
1994, Southborough (United States), Acquired
Clinical research organization accelerating complex therapies through strategic planning and execution
-
60/100
2nd
Logo for Siro Clinpharm
Siro Clinpharm
2000, Thane (India), Acquired
Company offering clinical development services
$5.25M
60/100
3rd
Logo for Emmes
Emmes
1977, India, Acquired
Provider of outsourced CRO services
-
60/100
4th
Logo for Syneos Health
Syneos Health
1984, Raleigh (United States), Public
Provider of CRO clinical development
-
58/100
5th
Logo for Parexel
Parexel
1983, Waltham (United States), Acquired
Global full-service CRO
-
57/100
6th
Logo for Celgene
Celgene
1986, Summit (United States), Acquired
Developer of therapies for treating cancer and inflammatory diseases
$45M
57/100
7th
Logo for Premier Research
Premier Research
1989, Durham (United States), Public
Provider of clinical trial CRO services
-
55/100
8th
Logo for Biorasi
Biorasi
2002, Miami (United States), Acquired
CRO delivering reliable, flexible, transparent clinical trials with scientific excellence
-
-
54/100
9th
Logo for ClinChoice
ClinChoice
1995, Fort Washington (United States), Series E
CRO focused on data management, regulatory affairs and consulting services
$212M
53/100
10th
Logo for Worldwide Clinical Trials
Worldwide Clinical Trials
1986, Beverly Hills (United States), Acquired
Global CRO providing personalized support for clinical trials across diverse therapeutic areas
-
52/100
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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:lockFilter 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)
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See all acquisitions by Parexel

Reports related to Parexel

Here is the latest report on Parexel's sector:

News related to Parexel

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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.
•
Real-World Evidence as Part of PharmacovigilancePharmtech•Oct 04, 2025•Parexel
•
Parexel Completes CDSCO RegistrationBusinessnewsthisweek•Jun 10, 2025•Parexel
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FAQs about Parexel

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