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Parexel 4Q09

Clinical Research Services posted revenues of $200.8 million in 4Q09 (-5%) and $804.2 million in FY09 (+8%)

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Parexel

4Q Revenues: $247.4 million (-9%)

4Q Earnings: $6.3 million (-75%)

FY Revenues: $1.1 billion (+9%)

FY Earnings: $39.3 million (-39%)

Comments: Clinical Research Services posted revenues of $200.8 million in 4Q09 (-5%) and $804.2 million in FY09 (+8%). Total revenues from the Americas grew 13% to $426,284, revenues from Europe, Middle East and Africa grew 3% and Asia/Pacific revenues were up 35%.

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