tranScrip Accelerates Growth and Expands Service Capabilities with Key Acquisition
tranScrip, the fast-growing contract drug development organisation which supports the development and lifecycle of medicines, has acquired Dublin-based Real Regulatory, a highly respected business specialising in European regulatory affairs, quality systems and compliance for medical products.
The strategic acquisition significantly expands tranScrip’s regulatory affairs capabilities, strengthening its ability to provide comprehensive support to its customers. The deal is the first acquisition made by tranScrip since we invested in 2021 via our dedicated Impact Fund.
Headquartered in Dublin, with branch offices in Ely, Cambridgeshire and Malta, Real Regulatory was founded 20 years ago. It specialises in European regulatory affairs, quality systems and compliance for products including medicines, medical devices and drug device combinations.
Across its three locations Real Regulatory has a highly experienced team supporting a global client-base. Its founder and Managing Director, Karen Real, who has more than 35 years’ experience in the pharmaceutical industry, will remain with the business moving forward.
Dr Marcin Mankowski, Managing Partner at tranScrip said: “We are excited to have completed this highly strategic and important acquisition, the first since the Palatine Impact investment last year.
“We see major synergies between tranScrip and Real Regulatory teams. Regulatory affairs is a fundamental element of drug development from pre-clinical stages to product registration and expanding our offering in this key area is critical for our continuous growth.
“The cultural alignment between the two businesses is really strong with a shared commitment to technical excellence and a relentless focus on delivering an outstanding strategic and operational service to our clients.”
Marcin added: “We are looking forward to working with Karen and her team and introducing them to our clients. This acquisition will support our strong, continued growth which has seen us increase our capabilities in clinical pharmacology, medical affairs, oncology and clinical operations and expand our team by 30% since the Palatine investment last year.”
Tristan Craddock, Impact Partner at Palatine added: “We are delighted to support this transformational acquisition which adds a skilled and experienced regulatory capability to tranScrip’s differentiated offering, and also an international presence with offices in Dublin and Malta, which can be a further platform for growth moving forward.
“Since our investment 14 months ago we have seen significant organic growth and we look forward to this momentum continuing following this important and value-enhancing deal.”