Parexel named among industry’s top outsourcing partners

Parexel has been ranked among the top five pharmaceutical industry outsourcing firms in the International Association of Outsourcing Professionals' (IAOP's) annual Global Outsourcing 100.

Four key criteria were taken into account when the judges compiled this year's list: company size and growth, overall customer experience, depth and breadth of competencies and management capabilities.

"The companies on The Global Outsourcing 100 list are proven leaders and rising stars," commented IAOP chairman Michael Corbett, the chair of the judges' panel.

He added that the top names in the list are firms that businesses will want to partner with in order to improve their own outsourcing outcomes.

This is the sixth year the IAOP has compiled these rankings and they offer valuable insight for businesses to choose their partners more carefully.

Another honour was also recently bestowed upon Parexel as it was named company of the year for the pharmaceutical industry in the eighth annual International Business Awards.