Biorasi Partners with RLH
Biorasi, a leading full-service global contract research organization (CRO), is excited to announce that it has successfully closed an investment transaction with RLH Equity Partners, a private equity firm based in Los Angeles. Biorasi partners with pharmaceutical, medical device, and biotech companies to successfully navigate the complexities of clinical trials and bring products and treatments to market faster.
Over the past two decades, Biorasi has worked with many innovative firms in the life sciences industry, from global giants to startups, to improve clinical trial outcomes for its clients and their patients. Biorasi has been ranked as the fastest- growing CRO on the Inc.500 list and has earned multiple awards from leading CRO industry publications. Biorasi is widely recognized as an expert in complex trials, as a trusted resource for trial rescue, and as a pioneer in cutting edge clinical trial methods.
RLH investment professionals Brad Hively and Navid Gharavi commented, “Biorasi has been able to combine a rigorous process-driven approach to conducting trials with a flexible culture that attracts and retains highly talented individuals. These two elements enable the Company to generate superior outcomes for its clients, as shown by key indicators such as speed of patient enrollment, timeliness and accuracy of data collection, quality of data analysis, and ability to adapt trial parameters based on real-time analytics. We look forward to helping the Biorasi team build an even more successful future.”
Biorasi will use the investment from RLH to scale up several aspects of its operations. Specific plans include expanding geographic coverage with the opening of new regional offices; investing in further development of TALOS™, the company’s management platform; and growing its workforce and operational capabilities worldwide. Biorasi will also be expanding its headquarters office in Miami, continuing its commitment to transforming and growing the life sciences economy of South Florida.