Life science consultancy service specialist ProductLife Group has acquired HERAX Life Science.
The Danish life science business and tech consultancy firm currently supports its clients in digitising its R&D activities, as well as implementing technology solutions and optimising clinical development processes.
By acquiring HERAX, ProductLife will bolster its R&D optimisation service offerings, allowing its clients to adhere to regulatory and safety requirements, accelerate drug development and streamline clinical trials.
Although ProductLife Group has already established itself within the Nordic market via its acquisition of Pharma IT, the company's alliance with HERAX will further expand its presence in the regional and global market.
“Joining ProductLife Group is a strategic move, for the company, its people and clients," noted Allan Bech Thomsen, CEO of HERAX Life Science.
"With PLG as our catalyst, we will be able to accelerate our international expansion — leveraging our boutique approach to better support local and international customers with effective consultancy and digital services dedicated to GxP-regulated areas of the life sciences division."
Xavier Duburcq, CEO of PLG, added: “The acquisition of HERAX is a major step to expand our expertise and accelerate digital transformation for PLG’s global clients."
"Thanks to this combination with HERAX Life Sciences, we have now a team of 300 seasoned data and technology professionals, adept in regulatory affairs, quality, safety, clinical, laboratory and other critical areas along the R&D value chain, providing tailored solutions that align with our clients’ challenges. This is unique in Europe," he concluded.