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. Ockham and Nexus both compete with other small, oncology-focused CROs including Novella, Aptiv and Premier, said Baker. 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. For now, Nexus Oncology will be known as Nexus Oncology, an Ockham Company. 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. Warning: All Ubuntu apps and data, including user-generated data, are deleted. Terms of the cash-and-stock deal were undisclosed. There is also a rooftop heated plunge pool (probably the coolest pool in the city) and then a shallower pool great for kids or grandkids. After installing Ubuntu, you can reinstall Android (which removes Ubuntu). Ockham Development Group of Cary, N.C., has acquired Nexus Oncology of Edinburgh, Scotland. In philosophy, Occams razor (also spelled Ockhams razor or Ochams razor Latin: novacula Occami) is the problem-solving principle that recommends searching for explanations constructed with the smallest possible set of elements.It is also known as the principle of parsimony or the law of parsimony (Latin: lex parsimoniae). Two small but powerful oncology-focused CROs are now one.
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