MDS Science Advancing Health 2008 Annual Report
Company Profile 2008 Financial Highlights Our Businesses Message to Shareholders Key Focus Areas PDF Index
Our Businesses - MDS Analytical Technologies
Our Businesses - MDS Nordion
Our Businesses - MDS Pharma Services
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Our Businesses – MDS Pharma Services

Overview
A global leader in the delivery of high-quality, on-time contract research services throughout the drug-discovery and development process. Customers count on MDS Pharma Services to provide value-added services that increase the speed, precision and productivity of their efforts to bring much-needed drugs to market safely and efficiently.

Market Size - $15 billion, 2008 Net Revenue $482 million - 40% of total revenue

Market Segments
  • Early stage
  • Late stage

Key 2008 Achievements and Improvements

  • Repositioned MDS Pharma Services with the successful launch of the Quality On Time™ brand campaign.
  • Rebuilt the business-development function and increased new business wins by 25% year over year.
  • Expanded market presence in South America and Asia.
  • Launched the Apollo sample-management system and upgraded the ClinQuick® study-management system.
  • Won two 2008 Good Clinical Practice Journal awards for excellence in clinical research.
  • Initiated restructuring actions to improve profitability.
MDS Pharma Services - Key 2009 Priorities

Key 2009 Priorities

  • Drive and measure continuous process improvements to further strengthen the Quality On Time™ brand promise.
  • Increase number of strategic relationships with key clients to capture a larger share of their outsourcing spend.
  • Expand footprint in Eastern Europe, South America and Asia to better serve clients in emerging markets.
  • Increase data transparency for clients through innovative Web portals.

 

Our Businesses - MDS Analytical Technologies
Our Businesses - MDS Nordion
Our Businesses - MDS Pharma Services
Key Focus Areas - Innovation
Key Focus Areas - Operational Excellence
Key Focus Areas - Globalization