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ICON Wins Multiple Categories in 2019 CRO Leadership Awards

ICON plc, (NASDAQ: ICLR) a global provider of drug development and commercialisation services to the pharmaceutical, biotechnology and medical device industries, has won awards across several categories in the annual CRO Leadership Awards.

ICON received 2019 CRO Leadership Awards in five categories, each further divided into three groups – Big Pharma, Small Pharma, and Overall. In three categories, ICON took awards in all three groups.

Winning categories:

  • Compatibility (Overall, Big Pharma, Small Pharma)
  • Expertise (Small Pharma)
  • Phase IV (Overall, Big Pharma, Small Pharma)
  • Quality (Overall, Big Pharma, Small Pharma)
  • Reliability (Overall, Big Pharma)

This builds on ICON’s success in 2018 when the company won a CRO Phase IV Leadership Award (Overall, Big Pharma).

For the 2019 CRO Leadership Awards, Life Science Leader magazine again teamed up with Industry Standard Research (ISR) to determine the award recipients. Sixty contract research organisations were assessed on more than 20 performance metrics in ISR’s annual CRO Quality Benchmarking survey.

Survey participants were recruited from pharma and biopharma companies of all sizes and were screened for decision-making influence related to working with contract research organisations.

“These awards are a testament to the expertise of ICON’s operational and scientific professionals, and demonstrate the ownership and outcomes focus we bring to all phases of the drug development process. It is especially pleasing to see us recognised both by big and small biopharma companies alike, commented Dr Steve Cutler, Chief Executive Officer, ICON plc.

“These awards recognise ICON’s comprehensive services, spanning the entire product development lifecycle and providing seamless solutions that ultimately lead to better outcomes for our customers”.

Life Science Leader is proud to once again be working with ISR Reports to honor those CROs that have proven themselves to be the top performers in Compatibility, Capabilities, Expertise, Quality, Reliability, and Phase IV,” commented Ed Miseta, Executive Editor, Life Science Leader.

“The winners are selected by their pharma clients, who rate their CROs on 20+ different performance metrics. We believe the CROs receiving an award this year are truly at the top of their class and are deserving of this recognition. Being a top performer in any of these categories shows a level of expertise and commitment to clinical trials and serving the needs of biopharmaceutical companies and their patients.”

“Industry Standard Research continues to consider it an honor to provide the primary market research data for Life Science Leader’s CRO Leadership Awards. ISR’s stringent screening processes ensures that only highly qualified industry decision makers participate in our CRO benchmarking market research,” commented Andrew Schafer, President of Industry Standard Research.

“This is paramount as we ask the research participants to provide experiential, not perceptual, feedback on their involvement with contract suppliers over the past 18 months. The data enables users of ISR’s market research to make confident business decisions based on the experiences of their industry peers.”

ICON previously received CRO Leadership Awards in 2018 and 2015.

A full list of ICON’s industry awards can be viewed at www.iconplc.com/awards.

About ICON plc

ICON plc is a global provider of outsourced drug development and commercialisation solutions and services to the pharmaceutical, biotechnology, medical device and government and public health organisations. The company specialises in the strategic development, management and analysis of programs that support clinical development - from compound selection to Phase I-IV clinical studies. With headquarters in Dublin, Ireland, ICON currently, operates from 90 locations in 37 countries and has approximately 13,680 employees.

Further information is available at www.iconplc.com

ICON/ICLR-G

This press release contains forward-looking statements. These statements are based on management's current expectations and information currently available, including current economic and industry conditions. These statements are not guarantees of future performance or actual results, and actual results, developments and business decisions may differ from those stated in this press release. The forward-looking statements are subject to future events, risks, uncertainties and other factors that could cause actual results to differ materially from those projected in the statements, including, but not limited to, the ability to enter into new contracts, maintain client relationships, manage the opening of new offices and offering of new services, the integration of new business mergers and acquisitions, as well as economic and global market conditions and other risks and uncertainties detailed from time to time in SEC reports filed by ICON, all of which are difficult to predict and some of which are beyond our control. For these reasons, you should not place undue reliance on these forward-looking statements when making investment decisions. The word "expected" and variations of such words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are only as of the date they are made and we do not undertake any obligation to update publicly any forward-looking statement, either as a result of new information, future events or otherwise. More information about the risks and uncertainties relating to these forward-looking statements may be found in SEC reports filed by ICON, including its Form 20-F, F-1, S-8 and F-3, which are available on the SEC's website at http://www.sec.gov.

Contacts:

ICON Media Contact
Lucinda Sandon-Allum
Weber Shandwick
+44 (0)20 7067 0548
lsandon-allum@webershandwick.com

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