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Propharma Group Acquires Onesource Regulatory To Bolster Its

Aug 23, 2022almost 3 years ago

Acquiring Company

ProPharma Group

Acquired Company

OneSource Regulatory

RaleighConsultingAdvertisingConsultingInformation Technology

Description

ProPharma Group (PPG), the leading global provider of regulatory, clinical, quality and compliance, medical information, and pharmacovigilance services and solutions for the life sciences industry, has announced the acquisition of OneSource Regulatory (OSR) and OneSource Regulatory Technology (OSR-T). OSR is an industry leading source for Regulatory, Medical, Marketing Operations, and Compliance Consulting Services, including Promotional and Labeling Review, and Technology Solutions.

Company Information

Company

ProPharma Group

Location

Raleigh, North Carolina, United States

About

ProPharma is the premier Research Consulting Organization (RCO), delivering fully customizable consulting solutions to empower biotech, med device, and pharmaceutical organizations of all sizes to advance scientific breakthroughs confidently and introduce new therapies.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed