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Announced

Completed

21 Invest-backed ProductLife Group completed the acquisition of Axpharma from Galiena Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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biopharma

Domestic

Friendly

Private

Majority

Pharmaceuticals

France

Acquisition

Completed

Private Equity

Synopsis

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21 Invest-backed ProductLife Group, a specialist provider of regulatory and compliance services for the life sciences industry completed the acquisition of Axpharma, a pharmacovigilance service provider in Europe, from Galiena Capital, a private equity firm. Financial terms were not disclosed. “Our strategic priority is to reinforce PLG’s ability to address the needs of today’s biopharma and medical product industry, drawing upon decades of experience in management of scientific and regulatory aspects of medicine. The merger of PLG and Axpharma offers tremendous potential to further invest in automation and artificial intelligence, as part of the aim to offer to our clients reliable, innovative, and cost-effective solutions that are always one step ahead of what the industry expects," Xavier Duburcq, PLG CEO.

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