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Announced

PharmaLex completed the acquisition of ERA Consulting Group.

Synopsis

PharmaLex, a provider of specialized services for the pharma, biotech and medtech industries, completed the acquisition of ERA Consulting Group, a strategic product development and regulatory consulting group serving the global biopharmaceutical industry. Financial terms were not disclosed. "PharmaVentures has a comprehensive understanding of our business and helped me identify the ideal partner that shared our strategic vision. The company's strong market position was effectively communicated to the potential buyer. I truly value the professional advice and the expert guidance made through every step of the process which enabled us to close the transaction to the satisfaction of all stakeholders," Sabine Husmann-Holloway, ERA Consulting Group Co-Founder & CEO.

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