Harwood Feffer LLP Announces Investigation of Kendle International Inc.

Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Kendle International Inc. (NASDAQ - KNDL) (“KNDL” or the “Company”) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell KNDL to INC Research, LLC (“INC”) in a transaction valued at approximately $232 million.

Under the terms of the definitive agreement, KNDL shareholders will receive $15.25 per share. The consideration offered by INC is significantly less than analyst estimates for KNDL, one of which has been targeted at $18.00 per share and KNDL stock has traded as high as $17.23 over the past year. Our investigation concerns possible breaches of fiduciary duty and other violations of law related to the approval of the transaction by the Company's board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of KNDL.

If you own shares of KNDL and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Matthew Houston toll free at (877) 935-7400 or to sign up online, visit www.hfesq.com. You may also email Mr. Houston at mhouston@hfesq.com. For more information about class action cases in general, please visit our website: www.hfesq.com.

Harwood Feffer LLP is a national shareholder litigation firm. Harwood Feffer LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.

Attorney Advertising. (C) 2011 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

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