News release

Date: 10th October 2013

Global regulatory affairs specialist ELC Group accelerates international expansion plans following 25% revenue growth in 2013

Record revenue growth during first nine months of the year leads to new office openings in Brazil, Russia and China

Cambridge, UK, 10th October, 2013.ELC GROUP, one of the fastest-growing providers of regulatory affairs consulting services, today announces that it has achieved 25% year-on-year revenue growth in the first nine months of 2013 – one of the fastest periods of growth in the company’s history. This record revenue performance is accelerating ELC Group’s plans for international expansion, with office openings now planned in Brazil, Russia and China within the next six to nine months.

To meet the rapidly growing demands for its expert regulatory services, during 2012 ELC Group opened new and expanded operational offices in Mumbai, Ahmedabad and Singapore, and established a new global headquarters in Cambridge, UK.

Since 2012, ELC Group has extended its service portfolio to include a comprehensive range of consultancy and support services for clinical trials, plus announced the formation of a new software subsidiary – Pharma eReport – to offer a complete EVMPD compliance solution for Marketing Authorisation Holders.

The core services and projects that have powered ELC Group’s phenomenal growth during 2013 include:

• A full range of bio-similar support services, such as regulatory strategies for US FDA and EMEA region markets, clinical support on a global scale, and bio-similar CMC and registration

• Complete solutions for multiple NCE (new chemical entities) projects including regulatory strategy, clinical support, data management, statistics, and CMC support

• Supporting a large portfolio of bio-tech products for EMEA and US FDA markets

• Complete support for conducting clinical trials in China and product registration thereafter

• Clinical support and product registration covering Russia and the entire CIS region

Commenting on ELC Group’s record growth, ELC Group CEO Marco Rubinstein said: “This exceptional surge in our revenue ultimately reflects the core strength in our company’s strategy – our ability to satisfy and retain clients. With our strong leadership team, unparalleled industry knowledge, and a hugely talented team of experienced regulatory professionals serving clients across the world, we have a firm foundation on which to continue expanding our global reach and helping more customers – this year and beyond.”

ELC Group will be celebrating its success and hosting its annual CPhI Evening Reception and dinner for customers and partners – held over two nights – at CPhI Worldwide 2013 Pharmaceutical Industry Expo (22 - 24 October 2013, Messe Frankfurt Germany).

Each year, the Reception attracts nearly 150 high-ranking figures from the global world of pharmaceutical including manufacturers, APIs suppliers and solutions providers.

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Note to editors:
If you would be interested in scheduling a briefing with ELC Group, please contact Nicky Denovan at nicky[at]evokedset[dot]com.

Press contacts:
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)118 3282782

About ELC Group:
ELC GROUP is a full-service global provider of regulatory affairs consultancy. ELC GROUP delivers a complete service solution covering all aspects of Regulatory Affairs for medicinal products, medical devices, cosmetics, food supplements and foods for special medicinal purposes. ELC GROUP also provides specialist REACH regulatory services to the Chemical industry and Corporate Language solutions for Automotive, Chemical and Defense industries.

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.

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