// • • • • • • • • Company In The News:• PharmaNet's Clinical Trials Reduce Drug Makers' Costs Dec 4, 2007
PharmaNet hit serious regulatory and operational problems in the past few years when it operated as SFBC International. But the Princeton, N.J.-based company has picked up the pieces. (Investors Business Daily)
FDA faults drug studies by Pa. firm Jan 11, 2007
Another member of the $14 billion industry, SFBC International, came under scrutiny after a 2005 report of improper treatment of test subjects and potential compromises of test results. MDS Pharma, one of the larger contract research organizations, was hired by drugmakers to measure the level of a new drug in a patient's blood. (SunSpot.net)
PharmaNet Development Group, Inc. Announces Third Quarter 2006... Nov 2, 2006
For the segment financial results provided below, the Company has excluded an allocation of corporate expenses related to certain adjusted selling, general and administrative ("SGpenses. Early Stage PharmaNet Development Group, Inc.'s early stage segment primarily includes the areas of Phase I clinical trials, support services and bioanalytical services. For the early stage segment, GAAP direct revenue, which does not include reimbursed out-of-pocket expenses, was approximately $25.9 million in... (CNBC -- Research Alerts)
Health Canada introduces trial rules after tuberculosis scare Oct 16, 2006
SFBC Anapharm is the Canadian subsidiary of New Jersey-based SFBC International, which was at the centre of a U.S. Senate committee investigation earlier this year over some of its practices south of the border. Under the federal rules governing clinical trials, Health Canada cannot disclose whether any action was taken against the company. (Globe and Mail)
Applica merging, leaving Florida Jul 25, 2006
Others such as Kos Pharmaceuticals, SFBC International and Extended Stay America simply moved their headquarters. Bob Swindell, senior vice president of the Broward Alliance, joked that he would have preferred to see the consolidation of the two companies taking place in South Florida rather than Richmond. (The Miami Herald)
Top-paid Executives Jun 7, 2006
Even a cloud hanging over management didn't dissuade SFBC International from doling out dollars for their exiting executives. The drug-testing firm was based in Miami at the time before pulling up stakes for New Jersey. (Miami.com, FL -- Business)
A highlight of Biomedex 2006 - The GENESIS Awards: Honouring Quebec's life sciences industry leaders May 25, 2006
Dr. LeBel is currently executive vice-president of the Groupe d'initiatives strat;giques and member of the executive committee of SFBC International. Dr. Louis Lamontagne has more than 22 years of professional experience in the biopharmaceutical sector. (Canada Newswire)
Premarket Movers: Sears Turns a Profit May 19, 2006
An announcement from Princeton, N.J.-based SFBC International Inc. that it will shutter its troubled Miami and Ft. Myers, Fla. facilities send shares of the contract drug research firm rising. (Houston Chronicle, United States)
Semi-Annual Changes to the NASDAQ Biotechnology Index May 13, 2006
As a result of the re-ranking, Accelrys, Inc. (Nasdaq: ), Affymetrix, Inc. (Nasdaq: ), BioVeris Corporation (Nasdaq: ), Biosite, Inc. (Nasdaq: ), Caliper Life Sciences, Inc. (Nasdaq: ), Luminex Corporation (Nasdaq: ), Martek Biosciences Corporation (Nasdaq: MATK), PAREXEL International Corporation (Nasdaq: ), SFBC International, Inc. (Nasdaq: ), will be removed from the Index due to a change in their classification by ICB. The NASDAQ Biotechnology Index is the basis for the iShares Nasdaq... (PR Newswire)
Risky business: Human testing for a profit Mar 21, 2006
In Montreal, volunteers apparently caught TB from an infected subject they'd been housed with as part of a study paid for by a Canadian company but administered by another U.S. research company, SFBC International. advertisement. (MSNBC -- International)
Parexel Drug-Trial Participants in U.K. Suffer Multiple Organ Failure Mar 17, 2006
SFBC International Inc., the Princeton, New Jersey-based operator of the largest drug testing facility in North America, is at the center of a U.S. Senate probe of its treatment of patients in drug trials. At least 20 SFBC employees and participants in a clinical study in Montreal tested positive for latent tuberculosis after exposure to a trial subject with active TB, according to Canadian health officials. (Bloomberg -- Europe)
Stocks to Watch: Tivo Mar 9, 2006
com - Business News - Stocks to Watch, March 9: Blockbuster, DreamWorks, Tivo (Fox News)
SFBC Employees at Montreal Test Unit Are Found to Have Latent Tuberculosis Mar 9, 2006
March 8 (Bloomberg) -- At least 11 employees of drug-trial company SFBC International Inc. tested positive for latent tuberculosis after being exposed to a TB-infected participant in a Montreal experiment, according to local health officials. Of 14 SFBC employees in closest contact with the sick man, half tested positive for the latent form of the lung disease, according to the Montreal Public Health Department. (Bloomberg -- Canada)
SFBC International Postpones its Release of Fourth Quarter and... Mar 3, 2006
MSN Money - Business Wire Business News: SFBC International Postpones its Release of Fourth Quarter and Full Year 2005 Financial Results; Company to Host Conference Call and Webcast to Review its Financial Results on March 9, 2006 ... SFBC International Postpones its Release of Fourth Quarter and Full Year 2005 Financial Results; Company to Host Conference Call and Webcast to Review its Financial Results on March 9, 2006 ... SFBC International, Inc.(). (CNBC -- Research Alerts)
Israel's Teva closes on IVAX Jan 28, 2006
Others, like Kos Pharmaceuticals and SFBC International, have moved their headquarters in the past year. Frost believes the key to expanding the healthcare field here is not a company like IVAX, but the intellectual force in universities and research centers. (Miami.com, FL -- Business)
Klafter & Olsen LLP Announces That it Has Been Retained to Pursue a Class Action Lawsuit Against SFBC International Inc. Jan 21, 2006
Klafter LLP Announces That it Has Been Retained to Pursue a Class Action Lawsuit Against SFBC International Inc. ... Klafter LLP Announces That it Has Been Retained to Pursue a Class Action Lawsuit Against SFBC International Inc. ... WASHINGTON, Jan. 20 /PRNewswire/ -- Klafter LLP has been retained to pursue a securities fraud class action against SFBC International Inc. ("SFBC") (Nasdaq: ), on behalf of a class of persons who purchased SFBC securities between February 17, 2004 and December 15,... (PR Newswire)
SFBC to fix Biscayne building Jan 20, 2006
SFBC International, the troubled drug-testing company, has reached agreement with Miami-Dade County building authorities about how to rectify the problems that made its Biscayne Boulevard facility declared as an unsafe structure. Contractors representing the firm, which recently announced it is moving its headquarters from Miami to New Jersey, and Miami-Dade building officials came to an agreement Wednesday before the matter was to be heard by the board of the Building Code Compliance Office,... (Miami.com, FL -- Business)
Shareholder Lawsuit Filed Against SFBC International, Inc., Berman DeValerio Pease Tabacco Burt & Pucillo Announces Jan 19, 2006
Shareholder Lawsuit Filed Against SFBC International, Inc., Berman DeValerio Pease Tabacco Burt lo Announces ... Shareholder Lawsuit Filed Against SFBC International, Inc., Berman DeValerio Pease Tabacco Burt lo Announces ... MIAMI, Jan. 18 /PRNewswire/ -- An investor sued SFBC International, Inc. ("SFBC" or the "Company") (Nasdaq: ) today in federal court, accusing the Company of securities law violations, Berman DeValerio Pease Tabacco Burt lo announced. (PR Newswire)
MORE BUSINESS BRIEFS: Feds place Miami bank under consent order Jan 19, 2006
SFBC INTERNATIONAL NAMES AUDIT MEMBER. SFBC International (SFCC), the drug-study company at the center of a U.S. Senate probe, said it appointed board member David Lucking to the audit committee. (Miami.com, FL -- Business)
MORE BUSINESS BRIEFS: Broward business group seeks sales tax hike Jan 18, 2006
Three more shareholder lawsuits were filed against SFBC International (SFCC), the drug-testing company that has its major facility in Miami. On Tuesday, one suit was filed in federal court in New Jersey, the other two in Miami. (Miami.com, FL -- Business)
Shareholder Class Action Filed Against SFBC International, Inc. by the Law Firm of Schiffrin & Barroway, LLP Jan 11, 2006
Shareholder Class Action Filed Against SFBC International, Inc. by the Law Firm of Schiffrin way, LLP ... Shareholder Class Action Filed Against SFBC International, Inc. by the Law Firm of Schiffrin way, LLP ... Jan. 10 /PRNewswire/ -- The following statement was issued today by the law firm of Schiffrin way, LLP: Notice is hereby given that a class action lawsuit was filed in the United States District Court for the District of New Jersey on behalf of all securities purchasers of SFBC... (PR Newswire)
SFBC moving headquarters away from Miami Jan 11, 2006
SFBC International, the troubled Miami drug testing company, is moving its headquarters to New Jersey, the location of its new chief executive, the firm announced Tuesday ... McMullen also announced that John P. Hamill, vice president of finance for Pharma Net will chief financial officer of SFBC International. (Miami.com, FL -- Business)
SEC seeks records from SFBC Jan 11, 2006
SFBC International, the troubled Miami drug-testing company, is moving its headquarters to New Jersey ... With its new management team moving the headquarters from Miami to New Jersey, the drug-testing firm SFBC International revealed Tuesday the Securities and Exchange Commission has made an informal request for records concerning two recently departed executives. (Miami.com, FL -- Business)
Great Wolf Shareholders continue to retain Scott + Scott, LLC: The ... Jan 10, 2006
Cases currently being litigated and/or investigated by Scott+Scott, LLC include: Mills Corporation; Diebold Inc; SFBC International; MGI Pharmacy; Halliburton; Faro Technologies, Stone Energy; Affymetrix, and Universal American Financial, among others. Its success has brought shareholders hundreds of millions of dollars in cases against Mattel, Royal Dutch/Shell, Sprint, ImClone, Emulex and others. (Lawfuel (press release), New Zealand)
Files shed light on SFBC's troubles Jan 1, 2006
The Food and Drug Administration has criticized SFBC International several times over the past two years for not following its own protocols, according to documents obtained by The Miami Herald. The beleaguered Miami drug-testing company insists all its problems with the FDA were minor and have already been fixed, but the firm never has released details of what the criticisms were. (Miami.com, FL -- Business)
