OVERLAND PARK, Kan., Jan. 23 /PRNewswire/ -- PRL Central Laboratory Services ("PRL") announced today that it has entered into a laboratory testing agreement with the Kansas Bioscience Organization (KansasBio) to establish a regional collaboration. Under the terms of the agreement, PRL will provide price incentives for safety and efficacy laboratory testing, toxicological testing, and employee health screening services to KansasBio and its member companies.
It typically takes close to ten years and nearly one billion dollars to test a new drug or device for commercial application. PRL plays a critical role in the process by testing the safety of the drug or device as it affects the patient during clinical trials. The data generated is a key component of a New Drug Application (NDA) which is submitted to the FDA for approval.
"We are excited to support the KansasBio organization and its initiatives to grow a regional Pharmaceutical and Biotech research community," said Christian Darabant, PRL Director of Business Development. "We are embracing the opportunity to work with KansasBio because we believe that our expertise can help accelerate promising regional research that will ultimately lead to better human and animal health for Kansas residents and the global community."
The agreement's primary beneficiaries will be the region's start-up biotech companies who will have access to PRL's clinical expertise and data management capabilities. In addition, price incentives outlined in the agreement were designed to attract and foster regional biotech growth.
About PRL Central Laboratory Services
PRL Central Laboratory Services is a privately owned, full-service diagnostic testing laboratory. As part of Physicians Reference Laboratory, LLC., PRL is uniquely positioned to satisfy customers' testing needs throughout all phases of clinical trials via an extensive and customizable test directory. At PRL, each protocol is carefully evaluated to create a precise project plan aimed at the delivery of accurate and timely laboratory data. For 30 years PRL has been renowned for incorporating new and innovative testing procedures and employing the most highly qualified professionals. By utilizing market leading technologies and providing expert service, PRL's focus is on efficiently delivering accurate diagnostic data to support the advancement of our customers' pharmaceutical development efforts, ultimately leading to the highest quality of patient care. PRL has provided services to start-up and large global pharmaceutical companies as well as local and multi-site contract research organizations.
PRL Central Laboratory Services
CONTACT: Christian T. Darabant of PRL Central Laboratory Services,+1-913-338-4070