Healthcare specialist private equity investor Genesis Capital has found another clinical trials business that it likes, New Zealand’s P3 Research.
So, it’s fair to say the healthcare specialist would be working from a pretty strong playbook at its latest acquisition, P3 Research.
It has got expansion plans and enhancements for technological and patient recruitment on the cards for P3, which should help deepen ties with big-ticket clients on the hunt for quality clinical trials. “The pandemic has highlighted the crucial need for these kinds of organisations in propelling medical advancements forward at the pace needed to have impact at a global scale. P3 Research has been the go-to for leading clinical trials for almost two decades in New Zealand and we’re excited about being a part of their next phase of growth,” Caristo said.
P3 was founded in 1998 and, for the past 13 years, has been led by Dr Richard Stubbs, who welcomed Genesis’ arrival.“With Genesis now on board, we look forward to being able to further expand our high-quality service capability with new sites catering to new and expanded therapeutic areas for our clients, while increasing patient access to the latest ground-breaking therapies across a broad range of disease states,” Stubbs said.
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