 
STATPROBE, inc. has been sold to i3 Research, an ingenix/UnitedHealth
Group Company
Thursday September 30
Ann Arbor,
MI – September 30, 2004 – Please join us in congratulating our client
STATPROBE, inc in their recent sale to i3 Research, which is owned by
UnitedHealth Group (NYSE: UNH). Based in Ann Arbor, Michigan, with
offices throughout the country, STATPROBE is one of the top independent
CROs in the United States. Since 1988, STATPROBE has been one of the
largest and most highly regarded providers of biostatistics and data
management, and more recently had become recognized for their strength
in clinical services, particularly Phase 4 services.
i3 Research brings a new level of focus to clinical research,
specializing in oncology, central nervous system, and respiratory and
infectious disease. With offices worldwide and capabilities in more than
45 countries, i3 provides a full, flexible suite of services including
Project Management, Regulatory Services, Medical and Scientific
Services, and Clinical Monitoring, all strategically integrated to
create a seamless study. The Company also have services to support other
critical aspects of clinical research. i3 Data Services provides
industry-leading data management and biostatistics services across all
therapeutic categories. i3 Pharma Resourcing provides high-quality
pharmaceutical personnel supported by world-class service. And as an
Ingenix company, i3 draws on the vast resources of UnitedHealth Group, a
diversified health and well-being company.
Over the coming months, STATPROBE will merge with its i3 Data Services
division—a leader in its own right, having recently distinguished itself
as the first to bring Oracle® Clinical v4.5 to market—to form a dynamic
new global company: i3 Statprobe
We were pleased to represent an industry leader and wonderful group at
STATPROBE including Dr. Lora Schwab and Dr. Mark Becker (retired) the
founders of STATPROBE, and Mark Harvill, Carl Haske, Terri Madison and
Chris Stone. Lora and Mark H. are two of our favorite people in clinical
research, and it was a pleasure to work with them to find such a great
partner. Our hats are off to Glenn Bilawsky, the CEO of i3, and Lee
Valenta, the CFO of parent company and health services leader Ingenix.
Glenn and Lee were thorough, professional and friendly as they lead the
UnitedHealth Group team. We think this deal really super-charges the
biostatistics and data management skills of i3 Research, and supports
their existing strengths in oncology, CNS and infectious disease, and
brings added talents in the Phase 4 area. We look forward to seeing the
great things that Glenn Bilawsky and Lora Schwab, the new President of
i3 Statprobe, and their team will be able to achieve together.
Principals of Fairmount Partners are acting as advisors to STATPROBE,
inc. in connection with the acquisition.
Contact:
Cornelius "Neal" P. McCarthy
 
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