January 6, 2010 (FinancialWire) — inVentiv Health, Inc. (NASDAQ: VTIV), a provider of commercialization services to the global healthcare industries, has acquired ParagonRx, a leading consulting company specializing in pharmaceutical risk management and optimizing medication use.

The addition of ParagonRx will position inVentiv as the provider of comprehensive, fully-integrated REMS (Risk Evaluation & Mitigation Strategy) and risk management solutions, ranging from strategic consulting and program design to implementation coordination, project tracking and assessment. The acquisition was completed on December 31, 2009.

Based in Wilmington, Delaware, ParagonRx is an industry leader in designing and implementing REMS and other risk management plans for pharmaceutical, biotech and medical device companies, and in developing programs to better market under-utilized drugs. Within inVentiv, ParagonRx will operate as part of the Clinical division, expanding the breadth of inVentiv Clinical’s scope of safety science offerings.

In the past 12 months, 26 percent of all new drug approvals in the U.S. had an FDA-approved REMS program, and industry analysis suggests that many more REMS and risk management programs will be required by the FDA and EMEA in the coming years.

inVentiv Health, Inc. (NASDAQ: VTIV) is an insights-driven global healthcare leader that provides dynamic solutions to deliver customer and patient success.

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