News & Views
One of Europe’s leaders in global Regulatory and Safety outsourcing and consulting services for life sciences, ProductLife Group (https://productlifegroup.com) experiences global growth after strategic majority investment by 21 Invest France. PLG’s founder and management team have also invested significantly in the operation,
ProductLife Group is a respected expert in regulatory affairs and pharmacovigilance outsourced management for the healthcare and life sciences industries. The 25-year-old group has a solid and diversified base of Life Sciences clients, including 36 of world top 50. It offers its services in more than 100 countries through a competitive global outsourcing model.
PLG had been actively looking for the right partner to support a next phase of robust business growth and value creation for clients. The new shareholding structure is a positive boost for all employees, stakeholders, and clients, as it will ensure continuity and enhanced resourcing, thus evolving its services to clients. The move will also enable PLG to take its offerings to a broader market globally, and into adjacent markets such as medical devices– a dynamic industry segment which is seeing new regulations.
Commenting on the announcement, Pierre Cuny, PLG’s Founder and Executive Chairman, said, “We are delighted to have found the perfect fit in 21 Invest France, which shares our entrepreneurial culture and vision for the future.”