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Liquent Technologies and Services
       InSight User Group Meeting
       February 21, 2013




© 2013 PAREXEL International   |   Confidential
Liquent Acquired by PAREXEL

• December 27 Announcement – PAREXEL fully acquires Liquent
• Operate as a stand-alone services line under the Perceptive Informatics group
        • No changes within Liquent team and responsibilities
• Leverage opportunities for synergy as identified
• Benefits of acquisition:
        1. Allows us to offer a more complete suite of offerings to meet your needs
        2. We now have a true global footprint
        3. We will benefit from the PAREXEL’s exceptional worldwide regulatory affairs
                expertise, as well as from its end-to-end client focus.

At the same time, we will enhance PAREXEL’s Regulatory services and enable it to
provide a true holistic development, regulatory and commercialization platform and
                                associated services.

 Confidential
Why Did PAREXEL Acquire Liquent?

   PAREXEL’s strategic clients want PAREXEL to provide a full range of
     development and commercialization services
   Allows Perceptive to broaden their eClinical software technology platform
      to include Regulatory providing a full end to end platform solution
   Complements PAREXEL Consulting’s (PCMS) regulatory affairs offerings
   Successful past partnering with Liquent in providing regulatory services
     and use of Liquent technology




Confidential
                                                                               3
Why PAREXEL?

  • Better positions Liquent to capitalize on the market opportunities
       across Regulatory Information Management
           •   Can now provide a broader range of integrated capabilities
           •   Allows Liquent to broaden its end to end vision within regulatory to now include
               clinical operations
           •   Allows Liquent to provide a complete regulatory outsourcing solution by leveraging
               PCMS’ Regulatory Affairs capabilities
  •    Liquent can now extend our solutions globally by leveraging
       PAREXEL’s global reach and vast client base
  •    Strong cultural fit and business model alignment
           •   Same industry focus and business model
           •   Expanded career path opportunities for our employees




Confidential
                                                                                                    4
Full Range of In House Expertise



          Clinical                   Clinical                                            Strategy &
                                                            Technology                                           Communication
         Research                   Logistics                                            Consulting


          • Phase I-IV          • Global Supply Chain       • Medical Imaging        • Product Development        • Medical Education
                                     Management                                         & Regulatory Affairs        & Communications
    • Project Management                                       • IVRS/IWRS
                                  • Supply Strategy,                                 • Strategic Compliance        • Meetings, Events
      • Site Management                                    • EDC – DataLabs®
                                Forecasting & Simulation                               & Risk Management               & Exhibits
   • Patient & Investigator                                • Integration Services
                                • Storage & Distribution                            • Clinical & Manufacturing   • Educational Services
          Recruitment
                                                           • CTMS – IMPACT®
                               • IMP and NIMP Supplies                                  • Quality Process        • Scientific Publications
     • Data Management
                                                                 • ePRO                     Consulting
                                  • Ancillary Supplies
         • Biostatistics
                                                               • MyTrialsTM         • Reimbursement & Patient
                                   • Lab Logistics &
         • Bioanalysis                                                                  Assistance Programs
                                  Sample Management          • eLogistics Suite
      • Medical Services                                                               • Commercialization
                              • Import/Export Management   • Liquent InSight RIM
                                                                 Technology          • Electronic Submissions




Confidential
Industry Trends From Recent Surveys

        Decline in new product approvals, increased generic
          competition, and price pressures are driving:
        • Focus on emerging markets to increase revenue from existing products
        • Increased interest in flexible staffing/resourcing and technology approaches as
          companies re-evaluate what is core and non-core
        Evolution of industry standards and regulations remains slow
          and the impact can be unpredictable (e.g. XEVMPD, RPS)
        Most companies are “re-thinking” how they are doing day-to-day
          business and what is truly core to the organization
        Concerns with drug safety and compliance with evolving
          regulations requires global access to authoritative
          registration and product information
        • Software and service based solutions will continue to converge into a broader
          definition of Regulatory Information Management
        Overall, our customers' world is becoming more complex, not
          less


Confidential
Evolving Regulatory Landscape

                          CTD: Common Technical Document
                          eCTD: Electronic Common Technical
                                        Document
                       XEVMPD: Extended EudraVigilance Medical
                                   Product Dictionary
                          RPS: Regulatory Product Submission
                        IDMP: Identification of Medicinal Products
        Complexity




                              2015: RPS and IDMP

                          2012: XEVMPD

                             2009: eCTD

                     2004: CTD


                                      Level of Detail Required
Confidential
Key Business Drivers For Change


        •      Improved regulatory compliance
        •      Improved information quality
        •      Reduced time to find and verify regulatory information in
               order to consume with confidence (efficiency)
        •      Improved planning and resource allocation
        •      Reduced complexity of tracking regulatory information for
               large, global product portfolios
        •      Reduced time for product release into clinical or
               commercial
        •      Harmonized capabilities across diverse divisions (e.g. Rx,
               Vaccines, Biologics, Devices, etc.)
        •      Enhances process-centric thinking and collaboration
               across functions and partners
Confidential
Regulatory Information Management (RIM)

Effective and efficient collection, storage, retrieval and
   communication of regulatory information
Regulatory information includes metadata and content
Regulatory Information Management involves:
• Defining product authorization targets                                                 DEFINE PRODUCT
                                                                                      AUTHORIZATION TARGETS
                                                                                      • Where do we want to be registered and

• Managing regulatory/submission plan                                                   when?
                                                                                      • What are the regulatory requirements?
                                                                                      • Who is responsible?
                                                                                      • Have we created a submissions plan?



• Creating/gathering submission information
• Producing/submitting submission output      MANAGE REGISTRATIONS
                                              • What is approval status?
                                              • What products, suppliers, etc. were
                                                                                                                                          MANAGE REGULATORY
                                                                                                                                            SUBMISSION PLAN
                                                                                                                                     • What content is needed?
                                                approved where?
                                                                                                                                     • What resources are required?
                                              • What commitments were made?
                                                                                                                                     • When will it be available and who is

• Managing the registration                   • What changes are planned and when?                                                     responsible?




                                                              PRODUCE / SUBMIT                                         CREATE / GATHER
                                                             SUBMISSION OUTPUT                                           SUBMISSION
                                                          • What content is missing?                                    INFORMATION
                                                          • What reviews / approvals are still                   • Has this content been used
                                                            needed?                                                previously?
                                                          • Is output compliant with regulatory                  • What authoring standards must be
                                                            expectations and requirements?                         followed?
                                                                                                                 • What internal reviews are needed?




Confidential
Traditional Approach to Regulatory Data Management


                                                                                                   Pressure Points /
                                       Traditional Approach                                         Key Strategies
                                                                                                    M&A and In-Licensing



                                                          Submission &        Promotional
        Global Label
                                   Publishing              Registration        Material
        Management                                                                                    New Geographies
                                                          Management          Management



                                                                                                       New Indications


                               Enterprise Document Management
                     (Research, Development, Regulatory, Commercial, M&S, Corporate)
                                                                                                    Headcount Reductions
                                        Electronic and Paper

          Archives                                                                     Documents
                                                  Da ta
                                                                                                   Rationalizing IT Systems




Confidential
Value of Integrated RIM Platform


     Short Term
     • Drives harmonization
     • Promotes standardization
     • Simplifies connectivity with external partners
     • Simplifies system change process
     • Reduces integration costs
     Longer Term
     • Agility to respond to regulatory landscape changes
     • Enhances impact of innovation from application-level to platform-
       level
     • Increases internal visibility of business value


Confidential
Focus on Regulatory Information Management

    Liquent’s Vision – to be the premier provider of a scalable, regulatory information
     management platform and associated regulatory & clinical services that can be
       leveraged throughout a client organization in support of the development,
                        registration, and manufacturing processes.




                                                                                   12



Confidential
Liquent InSight

Liquent InSight is a purpose-built, enterprise class, comprehensive integrated platform
of modular software solutions to support RIM needs of Life Sciences companies.
• Accelerates product launches
• Supports geographic expansion facilitating movement towards simultaneous submissions to multiple
  regulatory authorities
• Eliminates redundant regulatory information systems and homegrown solutions
• Avoids duplication of efforts and maximizes use of available resources
• Streamlines ability to respond to global health authorities’ inquires through global Q&A database
• Reduces likelihood of expensive product recalls and fines through harmonized data repository

                                                Liquent InSight Platform


                 InSight for       InSight for           InSight for           InSight for             InSight for
                Submission         Publishing             Viewing             Registration             XEVMPD
                Management        Applications for                                    s              Collects XEVMPD
                                                       Enterprise access,     Plan, track and
                   Plans and         publishing                               manage activities        data and creates
                                                           view and
                   manages          eCTD, NeeS,                                and registration     compliant XEVMPD
                                                         collaborative
                submission and    and Paper output                          details of a product,     submissions with
                                                           review of
                dossier content          and                                 including granular     import of XEVMPD
                                                         submissions
                                  related activities                           product details       acknowledgements




 Confidential
Value of InSight


        Provides a clear view to the entire user base from Executives
          to Operations
         As product and submission plans emerge, everyone sees the same picture
        Executives can see plans at a high level
         What’s in the regulatory pipeline?
         How are the plans tracking?
         When are we expecting approvals that will add additional revenue to the
          company?
         Global clinical trial status and compliance view
        Managers can begin planning at the right time, and continue
          throughout the project
         When is it time to start resourcing?
         How is the project progressing?
         How are things tracking across various projects?

Confidential
Enabling a Comprehensive
   Product Lifecycle Management Framework


                                           MyTrials

         Start-Up                           Execution                      Reporting and
                                                                            Submission
                           Trial Level       Patient           Image
      Feasibility/Site
                          Regulatory      Recruitment &      Acquisition
       Identification                                                         Reporting
                          Submission        Retention         & Review
                                                                                 and
                                                                              Regulatory
                                          Site Monitoring    Data Review     Information
        Supplies             Site                                            Management
       Management                                                 &
                           Start-Up
                                         Safety Monitoring   Acquisition




                         Collection & Management Systems



                                                                                  RIM
                                                                                Platform


Confidential
The Power of One: Making it Easy to Collaborate




               1
                One Company
                One Fully-Integrated eClinical Suite
                One Central Regulatory Information Source
                One Focus on Delivery




                                                              RIM
                                                            Platform



Confidential

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Liquent IUG Presentation Feb 2013

  • 1. Liquent Technologies and Services InSight User Group Meeting February 21, 2013 © 2013 PAREXEL International | Confidential
  • 2. Liquent Acquired by PAREXEL • December 27 Announcement – PAREXEL fully acquires Liquent • Operate as a stand-alone services line under the Perceptive Informatics group • No changes within Liquent team and responsibilities • Leverage opportunities for synergy as identified • Benefits of acquisition: 1. Allows us to offer a more complete suite of offerings to meet your needs 2. We now have a true global footprint 3. We will benefit from the PAREXEL’s exceptional worldwide regulatory affairs expertise, as well as from its end-to-end client focus. At the same time, we will enhance PAREXEL’s Regulatory services and enable it to provide a true holistic development, regulatory and commercialization platform and associated services. Confidential
  • 3. Why Did PAREXEL Acquire Liquent? PAREXEL’s strategic clients want PAREXEL to provide a full range of development and commercialization services Allows Perceptive to broaden their eClinical software technology platform to include Regulatory providing a full end to end platform solution Complements PAREXEL Consulting’s (PCMS) regulatory affairs offerings Successful past partnering with Liquent in providing regulatory services and use of Liquent technology Confidential 3
  • 4. Why PAREXEL? • Better positions Liquent to capitalize on the market opportunities across Regulatory Information Management • Can now provide a broader range of integrated capabilities • Allows Liquent to broaden its end to end vision within regulatory to now include clinical operations • Allows Liquent to provide a complete regulatory outsourcing solution by leveraging PCMS’ Regulatory Affairs capabilities • Liquent can now extend our solutions globally by leveraging PAREXEL’s global reach and vast client base • Strong cultural fit and business model alignment • Same industry focus and business model • Expanded career path opportunities for our employees Confidential 4
  • 5. Full Range of In House Expertise Clinical Clinical Strategy & Technology Communication Research Logistics Consulting • Phase I-IV • Global Supply Chain • Medical Imaging • Product Development • Medical Education Management & Regulatory Affairs & Communications • Project Management • IVRS/IWRS • Supply Strategy, • Strategic Compliance • Meetings, Events • Site Management • EDC – DataLabs® Forecasting & Simulation & Risk Management & Exhibits • Patient & Investigator • Integration Services • Storage & Distribution • Clinical & Manufacturing • Educational Services Recruitment • CTMS – IMPACT® • IMP and NIMP Supplies • Quality Process • Scientific Publications • Data Management • ePRO Consulting • Ancillary Supplies • Biostatistics • MyTrialsTM • Reimbursement & Patient • Lab Logistics & • Bioanalysis Assistance Programs Sample Management • eLogistics Suite • Medical Services • Commercialization • Import/Export Management • Liquent InSight RIM Technology • Electronic Submissions Confidential
  • 6. Industry Trends From Recent Surveys Decline in new product approvals, increased generic competition, and price pressures are driving: • Focus on emerging markets to increase revenue from existing products • Increased interest in flexible staffing/resourcing and technology approaches as companies re-evaluate what is core and non-core Evolution of industry standards and regulations remains slow and the impact can be unpredictable (e.g. XEVMPD, RPS) Most companies are “re-thinking” how they are doing day-to-day business and what is truly core to the organization Concerns with drug safety and compliance with evolving regulations requires global access to authoritative registration and product information • Software and service based solutions will continue to converge into a broader definition of Regulatory Information Management Overall, our customers' world is becoming more complex, not less Confidential
  • 7. Evolving Regulatory Landscape CTD: Common Technical Document eCTD: Electronic Common Technical Document XEVMPD: Extended EudraVigilance Medical Product Dictionary RPS: Regulatory Product Submission IDMP: Identification of Medicinal Products Complexity 2015: RPS and IDMP 2012: XEVMPD 2009: eCTD 2004: CTD Level of Detail Required Confidential
  • 8. Key Business Drivers For Change • Improved regulatory compliance • Improved information quality • Reduced time to find and verify regulatory information in order to consume with confidence (efficiency) • Improved planning and resource allocation • Reduced complexity of tracking regulatory information for large, global product portfolios • Reduced time for product release into clinical or commercial • Harmonized capabilities across diverse divisions (e.g. Rx, Vaccines, Biologics, Devices, etc.) • Enhances process-centric thinking and collaboration across functions and partners Confidential
  • 9. Regulatory Information Management (RIM) Effective and efficient collection, storage, retrieval and communication of regulatory information Regulatory information includes metadata and content Regulatory Information Management involves: • Defining product authorization targets DEFINE PRODUCT AUTHORIZATION TARGETS • Where do we want to be registered and • Managing regulatory/submission plan when? • What are the regulatory requirements? • Who is responsible? • Have we created a submissions plan? • Creating/gathering submission information • Producing/submitting submission output MANAGE REGISTRATIONS • What is approval status? • What products, suppliers, etc. were MANAGE REGULATORY SUBMISSION PLAN • What content is needed? approved where? • What resources are required? • What commitments were made? • When will it be available and who is • Managing the registration • What changes are planned and when? responsible? PRODUCE / SUBMIT CREATE / GATHER SUBMISSION OUTPUT SUBMISSION • What content is missing? INFORMATION • What reviews / approvals are still • Has this content been used needed? previously? • Is output compliant with regulatory • What authoring standards must be expectations and requirements? followed? • What internal reviews are needed? Confidential
  • 10. Traditional Approach to Regulatory Data Management Pressure Points / Traditional Approach Key Strategies M&A and In-Licensing Submission & Promotional Global Label Publishing Registration Material Management New Geographies Management Management New Indications Enterprise Document Management (Research, Development, Regulatory, Commercial, M&S, Corporate) Headcount Reductions Electronic and Paper Archives Documents Da ta Rationalizing IT Systems Confidential
  • 11. Value of Integrated RIM Platform Short Term • Drives harmonization • Promotes standardization • Simplifies connectivity with external partners • Simplifies system change process • Reduces integration costs Longer Term • Agility to respond to regulatory landscape changes • Enhances impact of innovation from application-level to platform- level • Increases internal visibility of business value Confidential
  • 12. Focus on Regulatory Information Management Liquent’s Vision – to be the premier provider of a scalable, regulatory information management platform and associated regulatory & clinical services that can be leveraged throughout a client organization in support of the development, registration, and manufacturing processes. 12 Confidential
  • 13. Liquent InSight Liquent InSight is a purpose-built, enterprise class, comprehensive integrated platform of modular software solutions to support RIM needs of Life Sciences companies. • Accelerates product launches • Supports geographic expansion facilitating movement towards simultaneous submissions to multiple regulatory authorities • Eliminates redundant regulatory information systems and homegrown solutions • Avoids duplication of efforts and maximizes use of available resources • Streamlines ability to respond to global health authorities’ inquires through global Q&A database • Reduces likelihood of expensive product recalls and fines through harmonized data repository Liquent InSight Platform InSight for InSight for InSight for InSight for InSight for Submission Publishing Viewing Registration XEVMPD Management Applications for s Collects XEVMPD Enterprise access, Plan, track and Plans and publishing manage activities data and creates view and manages eCTD, NeeS, and registration compliant XEVMPD collaborative submission and and Paper output details of a product, submissions with review of dossier content and including granular import of XEVMPD submissions related activities product details acknowledgements Confidential
  • 14. Value of InSight Provides a clear view to the entire user base from Executives to Operations  As product and submission plans emerge, everyone sees the same picture Executives can see plans at a high level  What’s in the regulatory pipeline?  How are the plans tracking?  When are we expecting approvals that will add additional revenue to the company?  Global clinical trial status and compliance view Managers can begin planning at the right time, and continue throughout the project  When is it time to start resourcing?  How is the project progressing?  How are things tracking across various projects? Confidential
  • 15. Enabling a Comprehensive Product Lifecycle Management Framework MyTrials Start-Up Execution Reporting and Submission Trial Level Patient Image Feasibility/Site Regulatory Recruitment & Acquisition Identification Reporting Submission Retention & Review and Regulatory Site Monitoring Data Review Information Supplies Site Management Management & Start-Up Safety Monitoring Acquisition Collection & Management Systems RIM Platform Confidential
  • 16. The Power of One: Making it Easy to Collaborate 1 One Company One Fully-Integrated eClinical Suite One Central Regulatory Information Source One Focus on Delivery RIM Platform Confidential