ProductLife Group (PLG), a global provider of regulatory, scientific, compliance, and digital transformation consulting services for the life sciences industry, is pleased to announce the acquisition of Stragen Services, a division of Stragen Group, a well-established European Specialty Generics platform backed by healthcare-focused global private equity firm ARCHIMED.
Founded in 2009 and located in Lyon, France, Stragen Services is a recognized partner to the Pharma and Biotech communities in the fields of Pharmacovigilance and Clinical Safety services. With a team of 36 employees, Stragen Services has earned a reputation for its strong expertise and tailored pharmacovigilance support services. By bringing Stragen Services into the PLG fold, the Group will expand in these critical areas, supporting PLG’s continuous goal of ensuring the access, compliance and safety of products across global markets.
Stéphanie Collomb Gilbert, General Manager of Stragen Services, commented: “Joining PLG is a strategic and exciting step for Stragen Services, our team, and our clients. PLG’s commitment to excellence, integrity, and client-focused partnerships mirrors our values. This alliance strengthens our ability to deliver top-notch international safety solutions and better support our clients in combination with PLG’s integrated global infrastructure. As the needs for innovation and global expertise grow, we are eager to expand our reach and make an even bigger impact together.”
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Xavier Duburcq, CEO of PLG, highlighted: “We are thrilled to welcome Stragen Services to the PLG family. This acquisition represents a key milestone in our growth journey, consolidating our pharmacovigilance leadership across the French and European market. It underscores our commitment to providing clients with world-class support, ensuring their products meet the highest standards of safety and compliance in an increasingly complex global landscape. Stragen Services’ track record and expertise will play a pivotal role in fortifying our industry position and further aligns with our ambition.”
Jean-Yves Desmottes, Partner at ARCHIMED: “Initially set up to support the pharmacovigilance activities of Stragen Group, Stragen Services grew over the last 15 years extending its expertise while offering its services to multiple customers outside the Stragen environment. PLG represents a great opportunity for all its employees to continue this journey, uphold standard of excellence, expand services offering and ultimately support the next phase of growth.”
SOURCE: GlobeNewswire