logo
logo

Tigermed Completes Acquisition Of Marti Farm

Jan 19, 2023•almost 3 years ago

Acquiring Company

Tigermed

Acquired Company

Marti Farm

MedicalBiotechnologyHealth Care

Description

Tigermed (300347.SZ/3347.HK), a leading global provider of clinical research solutions across the full lifecycle of global biopharmaceutical and medical device products, announced today the completion of its acquisition of Marti Farm, a European Contract Research Organization providing services across pharmacovigilance, clinical operations, regulatory affairs, medical affairs, and offering pharmacovigilance software in Europe and around the world.

Company Information

Company

Tigermed

About

Tigermed (Stock code: 300347.SZ/3347.HK) is a leading global provider of integrated research and development solutions for the biopharmaceutical and medical device industries. With a broad portfolio of services and a promise of quality, from preclinical development to clinical trials to commercialization, we are committed to moving our customers through their development journey efficiently and cost-effectively. Tigermed currently represents a worldwide network of more than 100 subsidiaries and 180 service locations, with over 10,000 employees across 54 countries in Asia Pacific, Europe, North & South America and Africa. We are devoted to building an integrated platform that enables boundless possibilities for the healthcare industry, embracing challenges to fulfill our commitment to serve unmet patient needs, and eventually saving lives. SOURCE Tigermed

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