WCCT Global gets large investment from Asian Equity Firm

With access to these funds, WCCT Global is pursuing both strategic organic expansion and new research capabilities within Asia and Europe, with the intent of improving their early and late phase contract research services in the areas of influenza, respiratory, ophthalmology, nephrology, rare diseases, and oncology, expanding their unique patient recruitment models, and acquiring new sites that give access to special populations.

WCCT Global’s CEO Dr. Kenneth Kim stated, "We are pleased to move into this exciting chapter as WCCT Global continues to grow through strategic partnerships and acquisitions. We are committed to providing industry leading services that exceed the industry’s expectations of what can be provided by a contract research organization."

Medivate Partners was founded by former Novartis Ventures & POSCO BioVentures Managing Director Paul Kim, and typically invests $10M ~ $30M growth capital equity in life science companies in Asia and North America.

"We are excited by WCCT’s strategic organic growth strategies and expansion opportunities in Asia and abroad", said Mr. Kim.

"Strong demand for global pharmaceutical outsourcing continues, and the contract research organization is well positioned to capture this growth as well as exploding growth in Asia," he added.