What Does Parexel Do?

Total employees20830
HeadquartersDurham
FoundedN/A

Parexel International Corporation is a leading global provider of biopharmaceutical services, specializing in clinical research, consulting, and technology solutions. With a patient-first approach, Parexel collaborates with pharmaceutical, biotechnology, and medical device companies to navigate the complexities of drug and device development, from early-phase research to commercialization. Their expertise spans a wide range of therapeutic areas and services, aiming to accelerate the delivery of innovative treatments to patients in need. Parexel focuses on designing and executing clinical trials with efficiency and scientific rigor, leveraging advanced technologies and data analytics.

Where Is Parexel's Headquarters?

HQ Function

The Durham headquarters serves as the central node for Parexel's global operations, strategic leadership, corporate functions, and innovation initiatives, overseeing clinical development activities worldwide.

Notable Features:

The headquarters is situated within The Park GSK campus, featuring modern office spaces designed to promote collaboration and innovation. While specific architectural awards are not highlighted, the campus environment is conducive to research and development.

Work Culture:

The work culture at Parexel's Durham headquarters emphasizes collaboration, patient-centricity, scientific excellence, and innovation. It fosters a dynamic environment where teams work together to solve complex challenges in drug development.

HQ Significance:

Relocating its global headquarters to Durham in 2023 positions Parexel within the Research Triangle Park (RTP) ecosystem, one of the world's largest research parks, enhancing access to talent, partners, and innovation in the life sciences sector.

Values Reflected in HQ: The headquarters' location in a leading research hub and its modern, collaborative workspace reflect Parexel's commitment to innovation, scientific advancement, and fostering a strong R&D community.

Location:

Parexel operates in over 50 countries with more than 100 office locations across the Americas, Europe, Asia-Pacific, and Africa. This extensive network allows Parexel to support a wide array of global functions including: end-to-end clinical trial management (Phase I-IV), decentralized clinical trials, biostatistics and data management, regulatory affairs consulting, medical affairs, pharmacovigilance, market access strategy, and technology-enabled solutions. Their global footprint ensures local expertise and cultural understanding critical for successful international clinical research.

Street Address:

2700 Sumner Blvd

City:

Durham

State/Province:

North Carolina

Country:

USA

Where Else Does Parexel Operate Around the World?

Uxbridge, United Kingdom

Address: The Quays, 189 High Street, Uxbridge, Middlesex, UB8 1JU, United Kingdom

Facilitates client engagement, project execution, and access to regulatory expertise within the European market, contributing significantly to Parexel's global clinical development capabilities.

Berlin, Germany

Address: Am Karlsbad 15, 10785 Berlin, Germany

Supports local and international clinical trials, provides regulatory support, and leverages Germany's strong clinical research infrastructure and patient populations.

Hyderabad, India

Address: Building No. H 07, Level 2 & 3, Phoenix SEZ (Sy. No. 30(P), 34 (P), 35 (P) & 38 (P)), Gachibowli, Hyderabad, Telangana 500081, India

Leverages skilled talent in India to support global clinical trials efficiently and cost-effectively, playing a crucial role in data processing and operational support for studies worldwide.

Buying Intent Signals for Parexel

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Parexel? Meet the Executive Team

As of April 2025, Parexel' leadership includes:

Jamie Macdonald - Chief Executive Officer and Chairman of the Board
Peyton Howell - President, Clinical Development and Commercial
Gregg Dearhammer - Executive Vice President and Chief Financial Officer
Jonathan Shough - Executive Vice President and Chief Information Officer
Clare Grace, PhD - Executive Vice President and Chief Patient Officer
Jacques Mascaro, PharmD - Executive Vice President and Chief Strategy Officer
Michelle Graham - Executive Vice President and Chief Human Resources Officer

Who's Investing in Parexel?

Parexel has been backed by several prominent investors over the years, including:

EQT Private Equity
Goldman Sachs Asset Management

What Leadership Changes Has Parexel Seen Recently?

Hire2
Exits0

Parexel has seen key appointments and transitions in its executive leadership over the past year, strengthening its strategic and operational capabilities.

Departures

Sheri McCoy, Sheri McCoy retired as Chair of the Board of Directors.

New Appointments:

Jonathan Shough, Jonathan Shough appointed as EVP and Chief Information Officer.
Clare Grace, PhD, Clare Grace appointed as EVP and Chief Patient Officer.
Jamie Macdonald, Jamie Macdonald, CEO, was appointed Chairman of the Board.

What Technology (Tech Stack) Is Used byParexel?

Discover the tools Parexel uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Parexel Email Formats and Examples

Parexel commonly uses a standardized email format for its employees, typically combining the employee's first name and last name. This structure facilitates professional communication and ensures consistency.

firstname.lastname@parexel.com

Format

john.doe@parexel.com

Example

90%

Success rate

What's the Latest News About Parexel?

Business Wire • May 14, 2024

Parexel Recognized with CRO Leadership Awards Across All Core Categories for Third Consecutive Year

Parexel announced it has been recognized by Clinical Leader and Life Science Leader with 2024 CRO Leadership Awards across all five core categories — Capabilities (Overall), Compatibility, Expertise, Quality and Reliability — for the third consecutive year....more

Parexel Newsroom • February 27, 2024

Parexel and Society for Pharmaceutical Medicine (SPM) Collaborate to Advance Pharmaceutical Medicine and Biopharmaceutical Research in India

Parexel announced a collaboration with the Society for Pharmaceutical Medicine (SPM) India to provide training in pharmaceutical medicine and biopharmaceutical research for medical graduates in India. This initiative aims to enhance the skills and knowledge of aspiring clinical research professionals....more

Parexel Newsroom • November 1, 2023

Parexel Appoints Jonathan Shough Chief Information Officer

Parexel announced the appointment of Jonathan Shough as Executive Vice President and Chief Information Officer. Mr. Shough will be responsible for Parexel’s information technology strategy and execution, reporting to Chief Executive Officer Jamie Macdonald....more

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