Factory CRO acquires company, building US presence

Global contract research organisation with a focus on medical devices and IVDs, Factory CRO, has acquired MileStone Research Organization — a San Diego based company specialising in clinical research and reimbursement solutions for the medical device and biologics industries.

“The merger with MileStone is an important step in building Factory’s operational strength and service range in North America,” said Dr Dirk Meijer, PhD, Factory CEO. “MileStone is an excellent fit therapeutically, as well as culturally, and complements our existing US operations in Austin, Texas, and Princeton, New Jersey, Milestone’s extensive expertise in orthopaedics, neurological and IVD clinical trials, as well as their reimbursement and site management service offerings, is a fantastic value-add for all our clients.”

“The combination of Factory and MileStone is good for everyone,” said Kevin Liang, PhD, founder of MileStone Research Organization. “Our specialisation in clinical and regulatory affairs, as well as reimbursement for innovative technologies, aligns us perfectly with Factory. Factory’s full-service clinical offerings and extensive knowledge of the European regulatory environment will greatly expand our reach. The mutual commitment of both organisations to provide world-class solutions and superior client support will continue to motivate the company’s growth moving forward.”