In this issue: Venture Fund Invests $12 Million in U.K. SMO Profiad Ltd., MDS Harris Acquires Dallas Site From Research Across America, Quarterly Report, Premier Connects 400 Investigational Sites, Clinical Reference Lab and Alliance Research Consortium Team Up, McKesson HBOC Invests in Pharsight, The CenterWatch Index, Industry Briefs, Drug Pipeline News, Trial Results and Personnel