27th Jun 2016 09:41
LONDON (Alliance News) - Pharmaceutical service provider Ergomed PLC on Monday said it has established a new US office for subsidiary PrimeVigilance Inc in Waltham, just outside Boston.
The Massachusetts office will open in July, giving PrimeVigilance the presence needed to support its current North American clients, and to further develop relationships with new clients looking for US services as well as for US clients looking to enter the European and international markets.
"The opening of this US office marks an important step in our strategy, as stated at our IPO, to grow our profitable services business both through geographic expansion and selective acquisitions to add complementary services. We can now offer our US customers pharmacoviligance and medical information support in the US as well as the rest of the world," Ergomed Chief Executive Miroslav Reljanovic said in a statement.
"We welcome our new employees in the USA and look forward to working with our existing clients and building new relationships. The North American market is a key growth area for PrimeVigilance, and we are excited about the potential for our business," PrimeVigilance CEO Neil Clark said.
Shares in Ergomed were untraded on Monday, last quoted at 127.00 pence.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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