AAIPharma, Inc. Strengthens South American Operations through Acquisition of Instituto de Pesquisa Clinica de Sao Paulo, Ltd.

WILMINGTON, N.C.--(BUSINESS WIRE)--AAIPharma Inc. announced today that it has completed the acquisition of Instituto de Pesquisa Clinica de São Paulo, Ltd. (IPCSP), a contract research organization providing clinical development services in Brazil. The acquisition of IPCSP combined with AAIPharma’s existing operations in Argentina and Peru provides the Company critical mass in South America and a platform for continued growth in this region.