PARIS, Jan. 28, 2025 (GLOBE NEWSWIRE) -- 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."

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."

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About ProductLife Group:

ProductLife Group's mission is to support patient access to safe and effective healthcare solutions by delivering worldwide consulting and outsourcing services through the entire product life.

Combining local expertise with global reach spanning more than 150 countries, PLG is the Life Sciences Industry reference strategic partner for the development, market introduction and life cycle management of product portfolios, and the related business and digital transformation.

With a goal of continuously improving the value delivered to teams and clients, PLG is committed to long-term partnership, innovation, flexibility, and cost efficiency.

For more information, visit https://productlifegroup.com/

Contact:

Fabrice Galzin

ProductLife Group Head of Marketing

[email protected]

About Stragen Services

Stragen Services is a leading consultancy located in Lyon, France, and offering tailored Pharmacovigilance and Clinical Safety services to the Pharma, Biotech and Medtech industries. Founded in 2009, Stragen Services combines safety regulatory expertise with a client-focused approach to support local and some regional needs across +10 therapeutic areas. With a team of highly skilled physicians, pharmacists, and scientists, Stragen Services delivers customized solutions that meet the highest industry standards, ensuring clients achieve their strategic objectives in a complex and evolving healthcare landscape.

For more information, visit https://www.stragen-services.fr/

Contact:

Stéphanie Collomb Gilbert

General Manager

[email protected]