Press Releases

BETHESDA, MD (May 18, 2009) - United BioSource Corporation (UBC) today announced the acquisition of HPM (Geneva) SA, a Geneva, Switzerland-based provider of drug safety and pharmacovigilance services, further extending UBC's reach into the European market. The acquisition of HPM (Healthcare Project Management) represents a strategic expansion of UBC's market-leading safety and risk management services, which include comprehensive safety reporting, case processing, and integrated pharmacovigilance services.

"We are very excited to add the vast experience and services of the HPM team to the UBC family and equally pleased to enhance our growing global presence with our first office in Switzerland, from which we intend to offer the portfolio of UBC's evidence-generating offerings," said Ethan Leder, CEO of United BioSource Corporation. Leder added, "HPM has deep experience and offers sophisticated solutions in the operational and regulatory requirements related to drug safety, particularly with regard to the specific needs of European agencies." Effective immediately, the Geneva office will be led by Executive Director Véronique Basch, PharmD and will operate as part of UBC's global safety and risk management group. Following a successful career in drug safety with a major pharmaceutical company, Dr. Basch was responsible for establishing HPM's drug safety operations.

"We are very pleased to be part of UBC," said Pierre-André Lauener, MD, Managing Director and co-founder of HPM. "After building HPM for the past 12 years, we wanted to find a company with the same commitment to excellence in drug safety that has made HPM successful. With their expertise in REMS, late stage studies, and proven operational expertise, UBC is an ideal fit in that regard. We look forward to supporting our long-established clients with outstanding service and an even broader set of capabilities."

UBC's global drug safety and risk management services include the development and implementation of risk evaluation and mitigation systems (REMS) programs, performance-linked access systems (PLAS), periodic safety update reporting (PSUR), risk management plans, case processing, and integrated pharmacovigilance services. These services are provided with dedicated and integrated resources around the globe.

About HPM
HPM (Geneva) SA is a pharmaceutical services organization founded in 1997 with core capabilities in drug safety, pharmacovigilance consultancy and risk management services. For more information visit www.hpmgeneva.com.

About UBC
UBC is a global medical and scientific affairs organization that partners with manufacturers of biopharmaceuticals and medical devices to develop and commercialize their products. UBC helps clients deliver authoritative, real-world evidence of product effectiveness, safety, and value. UBC brings together recognized scientific and industry experts, research operations professionals, and leading-edge technologies to provide clients with innovative solutions across the product lifecycle. The company is headquartered in Bethesda, Maryland, with offices in North and South America, Europe and Asia. For more information about UBC, visit www.unitedbiosource.com.