M&A Deal Summary

ProPharma Group Acquires Clinres Farmacija

On December 6, 2023, ProPharma Group acquired life science company Clinres Farmacija

Acquisition Highlights
  • This is ProPharma Group’s 4th transaction in the Life Science sector.
  • This is ProPharma Group’s 1st transaction in Croatia.

M&A Deal Summary

Date 2023-12-06
Target Clinres Farmacija
Sector Life Science
Buyer(s) ProPharma Group
Deal Type Add-on Acquisition

Target

Clinres Farmacija

Zagreb, Croatia
Clinres Farmacija provides a contract research organization (CRO) known for offering a comprehensive suite of services to biotech, pharmaceutical, and medical device companies. Clinres Farmacija specializes in Phase II - IV clinical trials, and offers a full range of regulatory services. Clinres Farmacija was founded in 2004 and is headquartered in Zagreb, Croatia.

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Buyer(S) 1

Buyer

ProPharma Group

Raleigh, North Carolina, United States

Category Company
Founded 2001
Sector Healthcare Services
DESCRIPTION

ProPharma Group is a provider of medical information, pharmacovigilance, and compliance consulting services for clients in the pharmaceutical, biotechnology, and medical device industries. The Company’s Medical Information service includes responding to inquiries from patients and healthcare professionals in over 30 languages from five contact centers located around the world. Its pharmacovigilance service includes processing of post-marketing and clinical adverse events, aggregate reporting, and signal detection. ProPharma Group also provides an array of Compliance Consulting services to help its clients meet regulatory requirements across the product life cycle. Consulting services include quality assurance, process validation, commissioning and qualification, technology transfer, program management, computer system validation, and other related services. ProPharma Group was formed in 2001 and is based in Raleigh, North Carolina.


DEAL STATS #
Overall 12 of 12
Sector: Life Science M&A 4 of 4
Type: Add-on Acquisition M&A Deals 10 of 10
Country: Croatia M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-23 OneSource Regulatory

McKinney, Texas, United States

OneSource Regulatory provides pre- and post-approval regulatory, medical, and marketing operations services across the product development and commercial lifecycle as well as innovative technology solutions. The company’s core services include advertising and promotional review support, marketing operations, regulatory affairs support, and regulatory operations. OneSource Regulatory was formed in 2015 and is based in McKinney, Texas.

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