Princeton-based WIRB-Copernicus Group, a provider of solutions that improve clinical research, announced it has acquired Vigilare International, a provider of pharmacovigilance and drug safety solutions for the biopharmaceutical and biotech industry.
“We are delighted to welcome Vigilare to the WCG family of companies,” said Donald A. Deieso, chairman and CEO of WCG. “With its comprehensive service suite, Vigilare provides clients with streamlined, regulatory compliant operations, faster access to safety data and focused in-depth product safety reporting and analysis. Vigilare saves clients time and money by offering them a robust alternative to building and maintaining an internal pharmacovigilance and drug safety program.”
“WCG is a perfect fit for Vigilare,” said James A. Bannon, CEO and president of Vigilare. “Our pharmacovigilance services are a natural complement to WCG’s existing portfolio of clinical research optimization solutions. We look forward to working with our colleagues at WCG to identify additional opportunities to streamline clinical research operations, while improving the quality of product safety information.”
Under terms of the deal, Vigilare will operate as an independent service organization. WCG will support Vigilare as it grows, giving it access to capital, complementary clinical and regulatory expertise, and corporate support.
Financial terms were not disclosed.