M&A

A division of European specialty generics platform Stragen Group, Stragen Services, has been acquired by ProductLife Group (PLG), a global consulting services specialising in areas around scientific, regulatory, compliance and digital transformation. The acquisition aims to strengthen clinical safety expertise and pharmacovigilance within the European market.

Xavier Duburcq, CEO of PLG, stated: “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 markets. 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.”

Stragen Services, headquartered in Lyon, France, benefits the pharma, biotech and medtech industry by offering bespoke services focused on pharmacovigilance and clinical safety. PLG has stated that this acquisition will expand its portfolio to include offering Stragen’s services to a global market. This will be part of its main goal to ensure compliance, access and safety of products globally.

“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,” commented Stéphanie Collomb Gilbert, general manager of Stragen Services.