Cambridge, United Kingdom (PressExposure) April 21, 2015 -- ELC Group, one of the fastest-growing providers of regulatory affairs services, today announces that it has been awarded a 1.5 million Euro contract by one of China's biggest pharmaceutical companies.
The contract award is a major endorsement of ELC Group's new Concept to Commercialisation solution approach, which delivers a highly integrated portfolio of regulatory affairs consultancy services to customers, from the development stage through to the implementation of clinical trials, completion of product registration, and successful marketing of the product.
The major project, which will see two products taken through ELC Group's end-to-end Concept to Commercialisation service, is expected to be complete by the end of 2016. The customer, one of the top 25 Chinese pharmaceutical companies, is an active pharmaceutical ingredient company that is moving towards the finished formulation business.
ELC Group was successfully selected for the contract following a rigorous qualification process, which compared ELC Group against a number of other domestic and international Clinical Research Organisations (CROs). The key measurement criteria included experience, quality of work, timeline, costing and working culture. The client was impressed by ELC Group's comprehensive Concept to Commercialisation model and confident that ELC Group could be relied on to support their crucial international market expansion plan. Additionally, open communication, common language and cultural understanding were key factors that helped ELC to stand out in the tendering process as the ultimate partner.
Commenting on the landmark deal, ELC Group CEO Marco Rubinstein said: "Breaking boundaries is becoming a norm for ELC Group, and this landmark contract award marks an exciting new level for us, both in size and scope of projects." He added: "This latest deal really validates our Concept to Commercialisation partnership approach and its strengths in delivering end-to-end support to customers targeting ambitious growth."
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ajain [at] elc-group [dot] com
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About ELC Group:
ELC GROUP is a fully-fledged global regulatory partner, working with major pharmaceutical stakeholders for over a decade.
From Concept to Commercialisation is one of the key partnership areas in which ELC GROUP is creating its fast-growing success. From the development stage through to the implementation of clinical trials, completion of product registration, and successful marketing of the product, ELC GROUP aligns itself as a strategic partner to help pharmaceutical companies achieve their healthcare goals.
ELC GROUP's worldwide network of professionals spans all major Regulatory Affairs services across the key healthcare vertical markets of Pharmaceuticals, Biotech, Clinical, Consumer Healthcare, Medical Devices, Nutraceuticals and Veterinary. The team ranges from former FDA investigators to individuals with over 30 years of industry experience and broad capabilities, including in the areas of integrated advanced technologies, Regulatory Affairs consulting and commercialisation services.
ELC GROUP works with equal success in partnership with large multi-nationals, small enterprises and start-ups, biotechs, CROs and device manufacturers.
For further information please contact:
Akhil Jain ELC Group ajain [at] elc-group [dot] com Phone: +420 22 491 00 00 Nicky Denovan EvokedSet PR nicky[at] evokedset [dot] com Phone: +44 (0)7747 017654 Distributed on behalf of EvokedSet Ltd by NeonDrum news distribution service (http://www.neondrum.com)