Ockham also plans to use the acquisition to expand its FSP into clinical, which is Nexus’ specialty. “As a result, we’ve created this nice niche where, at the end of the day, we’ve become known as one of the top five early-stage oncology CROs.” “The small trials we work on require a certain amount of leadership, and the large guys can’t do that as efficiently as we do,” he said. and medical devices in all aspects of sales, marketing and business development. Ockham and Nexus both compete with other small, oncology-focused CROs including Novella, Aptiv and Premier, said Baker. In 2002 he founded Acorn Care & Education Ltd a group of day and. The company stayed with the market segment Ockham had been serving: emerging biotech and pharma companies seeking help with phase I and II trials. In 2009, said Baker, the company acquired five-year-old Ockham, a “distressed” full-service CRO with 60 employees. Over time, it began working with pharma companies, providing CRAs, data managers, statistical programmers and biostatisticians, and eventually offering functional service provider (FSP) services to companies working on cancer drugs. Ockham launched in 1986 as ASG, a specialty staffing company focusing primarily on IT. But Baker said by yearend Ockham will make a final decision on the combined entity’s name. Ockham is a global oncology CRO and full-spectrum global resourcing company that has clinical expertise, a therapeutic focus, and experience. For now, Nexus Oncology will be known as Nexus Oncology, an Ockham Company. Ockham Development Group, Inc., a contract research organization, will expand its global headquarters by increasing square footage in the fall of 2014 when the company relocates to CentreGreen Two in Cary. Nexus founder Clare Wareing will stay as chief scientific officer. Ockham had 175 employees before the acquisition and operated primarily in the U.S., with satellite offices in India and the U.K. Twelve-year-old Nexus has 120 employees across Scotland, Poland, France, Germany, Sweden, Switzerland, Hungary, Belgium and Spain, in addition to Canada and the U.S. James Baker, Ockham’s CEO, said Nexus comes with a stable book of business and an institutional investment partner. Terms of the cash-and-stock deal were undisclosed.
Ockham Development Group of Cary, N.C., has acquired Nexus Oncology of Edinburgh, Scotland.
Two small but powerful oncology-focused CROs are now one.
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