Business Standard

Friday, December 27, 2024 | 04:51 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Take Solutions establishes life sciences firm Navitas

The new company, a spinoff of Take Solutions' life sciences business, will focus on the life sciences domain to compete with industry leaders

ImageBS B2B Bureau B2B Connect | Chennai
Take Solutions establishes life sciences firm Navitas

Take Solutions Ltd, a global business technology solutions provider, has established Navitas, a pure-play life sciences solutions company, by bringing together the proven expert teams of Take Life Sciences and WCI Consulting, the UK-based consulting firm that was acquired by Take Solutions in January 2011.
 
Navitas has been created within Take Solutions to stand as a differentiated entity offering niche solutions for the pharma/biotech industry. The restructuring of the business is an integral part of Take’s go-to-market strategy to meet multiple objectives such as catering to the regulatory demands of clients and creating a more efficient organisation which can focus on innovation.
 
The capabilities of the new life sciences arm of Take Solutions covers industry leading networks, strategic & change management consulting, technology and services which are focused on the clinical, regulatory, safety and compliance domains. The new pure-play life sciences solutions company will cater to clients ranging in size and complexity.
 
Srinivasan H R, vice chairman and managing director, Take Solutions & chairman, Navitas, said, “There is a demand in the global pharma/life sciences market for regulatory compliance and customised solutions to meet business needs. The total addressable market of the lfe science industry is valued at $ 15.9 billion. Our move to create a new brand is to meet the demand of this market in time to emerge as a competent and differentiated player.”

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 23 2015 | 4:47 PM IST

Explore News