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Clearstone Expands Testing Capabilities at Laboratory in Toronto

Thursday, April 1, 2010 Press Release J E 4
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TORONTO, March 31 Clearstone Central Laboratories, a leading global provider of clinical laboratory and centralized cardiac services for clinical trials, today announced the expansion of testing capabilities at its Toronto laboratory. Additional safety as well as esoteric testing capacity and capabilities will be added to the existing operations.

"Since the acquisition of this business from MDS Pharma Services last year we have set about improving every aspect of Clearstone's operation and service delivery," said Clearstone CEO Lewis Cameron. "We want Clearstone to be widely recognized as a leader and trusted service provider, committed to long term relationships, operating in an open and transparent way and offering expert, high quality and responsive service to all our clients. This purpose demands renewed investment in people, processes, systems and infrastructure. The Toronto expansion is one example of our strategic plan and path forward, and we look forward to speaking with clients about these exciting developments.''

Clearstone CSO Dr. Patrice Hugo added, "The Toronto expansion follows recent investment and expansion at our Beijing site, with particular focus on enhancing our capabilities in flow cytometry and molecular biology. This expansion does result in some duplication of capabilities between our North American laboratories, and as such the laboratory operations at our New Jersey facility will be winding down over a six month period, with any remaining studies to be transitioned to the Toronto laboratory.''

About Clearstone Central Laboratories: Clearstone Central Laboratories is a leading provider of clinical laboratory and centralized cardiac services to patients enrolled in clinical trials around the world. We employ 550 people at integrated facilities in Toronto, Paris, Hamburg, Beijing and Singapore. Clearstone owns and operates the leading edge central laboratory protocol manager system APOLLO CLPM(TM). Clearstone was formally the Global Central Laboratory unit of MDS Inc. For more information, visit our website at www.clearstonelabs.com.

SOURCE Clearstone Central Laboratories
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