Veranex, the first concept-to-commercialization global service provider dedicated to the medtech industry, today announced the acquisition of Experien Group, a leading provider of a full range of regulatory, quality, and clinical consulting services to medtech companies.
Veranex, the first concept-to-commercialization global service
provider dedicated to the medtech industry, today announced the acquisition of
Experien Group, a leading provider of a full range of regulatory, quality, and
clinical consulting services to medtech companies. Formed in partnership with
global growth investor Summit Partners, Veranex provides the
global medical technology industry integrated product development strategies
and services across the product life cycle. As a result of this transaction,
Veranex’s West Coast operations offer a unique, client-responsive consulting
model that adjusts to meet client program requirements.
“We are excited to welcome Experien Group to Veranex,” said David Dockhorn, CEO of Veranex. “With this
acquisition, Veranex adds the premier provider of regulatory, quality, and
clinical consulting services to medtech companies. Veranex’s clients will
benefit from Experien’s long-standing FDA engagement, well-established global
regulatory guidance experience, and a demonstrated track record of successful
approvals.”
“Experien Group adds another layer
of value and medtech insight to Veranex,” said Veranex Executive Chairman Pat Donnelly. “We will continue to seek
additional strategic acquisitions that add depth and resources to the
full-service, end-to-end medtech solutions that Veranex has brought to the
industry for the first time.”
Veranex combines product
development, regulatory, and market access expertise — globally and across
complex and emerging markets — to help clients achieve their innovation
objectives, accelerating time to market and optimizing clinical adoption and
patient access.
Financial terms of the transaction
were not disclosed.
About Veranex
Veranex is the only truly
comprehensive, global, tech-enabled service provider dedicated to the medical
technology industry. Offering expert guidance from concept through to
commercialization and across the development continuum, Veranex enables
accelerated speed to market, controlled development costs, development risk
mitigation, and accelerated market viability assessment. At every stage,
Veranex customers realize efficiencies in cost and time, while its integrated
and comprehensive solutions unify the entire development process. For more
information, visit VeranexSolutions.com.