CROFounded 1982

Parexel

Raleigh, North Carolina, United States

Full-service CRO providing clinical trial management across all phases, plus regulatory and biostatistics consulting, for biopharmaceutical clients.

Segment
CRO
Headquarters
Raleigh, North Carolina, United States
Founded
1982
Website
www.parexel.com

Notable facts

  • Founded in 1982 by Josef von Rickenbach and organic chemist Anne B. Sayigh; the company name references 16th-century scientist Paracelsus.
  • Taken private in November 2021 by EQT Private Equity and Goldman Sachs Asset Management for about $8.5 billion.
  • Relocated its global headquarters from Newton, Massachusetts to Raleigh, North Carolina around 2025.
  • Operates 84+ facilities across 49 countries with roughly 24,000 employees as of 2025, and entered a 2024 collaboration with Palantir Technologies on AI-driven clinical trial data management.

Sourcing guides

Sources. This profile is compiled from public reference data, WebSearch-verified against source 1 · source 2. Data as of 2026-07-14. See methodology.

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