ICON plc, a global provider of drug and device development and commercialization services to the pharmaceutical, biotechnology and medical device industries, has signed a three-year agreement with Pfizer. Under the terms of the agreement, Pfizer has the right to extend the term for up to an additional two years. Financial details of the agreement were not disclosed.
 
The agreement builds on the companies' existing relationship, under which ICON provides global services in the planning, execution, management and conduct of clinical trials.
 
"The further progression of ICON’s long-standing relationship with Pfizer is clear recognition of our capabilities and expertise in partnering with Pfizer on their drug development and commercialization efforts,” said Steve Cutler, chief executive officer, ICON. “We look forward to continuing our strong relationship with Pfizer to help advance their pipeline and deliver continued innovation in the drug development process."