Media Contact:
Lynn Tellefsen
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
ltellefsen@cahill.com

Legal News

ICON plc Completes Acquisition of Healthcare Discoveries, Inc.

Date: 02/11/08

Cahill represented ICON plc (NASDAQ: ICLR), a global provider of outsourced development services to the pharmaceutical, biotechnology and medical device industries, in connection with the acquisition of Healthcare Discoveries, Inc., formerly a wholly-owned subsidiary of Catalyst Pharma Group Inc. The purchase price for the acquisition consisted of an upfront payment of $12 million and an additional payment of $10 million if certain milestones are achieved in 2008. Healthcare Discoveries operates a clinical pharmacology unit in San Antonio, Texas.

Media Contact:
Lynn Tellefsen
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
ltellefsen@cahill.com