Model Answers: Why a Durham CRO is buying up an Australian firm

Less than a year after doubling down its presence in the Triangle and dubbing Durham its dual headquarters, a Boston contract research organization (CRO) has acquired an Australian firm. Parexel, which launched a 260 job expansion in Durham last May, has announced the acquisition of Model Answers, based in Brisbane. The company is a consultancy firm focused on pharmacokinetic (PK) and pharmacodynamic (PD) modeling. It provides simulation and analysis lines of business to drugmakers pushing potential...