January 19 (SeeNews) - China-headquartered global provider of clinical research solutions Tigermed said on Thursday it has completed the acquisition of Croatian provider of consultancy and regulatory services Marti Farm.
“The strategic acquisition enables Tigermed to enhance its local expertise in Europe so it can offer tailored clinical research solutions worldwide and expand its safety monitoring capabilities at a global level,” Tigermed said in a press release. It did not disclose the value of the deal.
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Founded and run by Martina Diminic Smetisko, Marti Farm has a proven track record of 12 years in pharmaceuticals, biotechnology, medical devices, and food supplements, and has also developed a pharmacovigilance cloud solution that more than 100 companies use to ensure drug safety, Tigermed said.
Tigermed 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.