Baron Funds Comments on ICON PLC

Jun 10, 2013

Other purchases in the quarter include ICON plc (ICLR, Financial), which is a CRO (Contract Research Organization) providing outsourced drug research to the pharmaceutical industry. We observed from our investment in Covance that the industry is turning, so we purchased a stake in ICON to increase the Fund's exposure to the trend.

From Baron Funds’ first quarter 2013 commentary.

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