A clinical research organization (CRO). Recently made some aquistions in Pacific Rim and Europe but this company remains a small one relative to its peers, 1/10th the size of the leader Quintiles Transnational. MRQ(Q3 97) revenues rose 247% and backlog up 196%. Consolidation will come to this industry as we are now seeing in the pharmaceuticals, making this a potential target? Regardless KNDL looks like a good company on its own merits. A profile can be found in IBD's New America 1/22/98 issue.
Home Page: kendle.com
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