SGS today announced the acquisition of proderm GmbH, the leading provider of advanced clinical testing solutions for cosmetics, personal care products, dermatological drugs and medical devices in Germany. Founded in 1994 and headquartered in Schenefeld near Hamburg, Germany, with two additional locations in Germany, the company serves customers in the consumer care and pharmaceutical industries worldwide. As a clinical research organization (CRO) that conducts clinical trials from initial consultation to final report, proderm reported steady growth in the fiscal year ended June 30, 2021, generating revenue of approximately €13 million. The company employs around 140 highly qualified people, complementing SGS Cosmetics and Hygiene Services' global network of 45 laboratories and clinical trial sites in North America, Europe and Asia.
"This acquisition supports our strategic development by further aligning our global network with key TIC megatrends and customer requirements in the health and nutrition industry. It strengthens our global leadership position in testing cosmetics and personal care products, pharmaceuticals and medical devices by providing us with innovative capabilities and strong scientific know-how and reinforcing our reputation," explains Frankie NG, CEO of the SGS Group.
Prof. Dr. Klaus-Peter Wilhelm, founder and CEO of proderm says: "We are very pleased to become part of the global SGS network of laboratories and clinical trial sites. By joining the SGS network, we will be able to accelerate our growth through expanded services to our global customers. We see positive synergies, especially in providing dermatology studies in different geographic regions and ethnicities."
SGS is a global leader in cosmetic, detergent and hygiene testing, with a unique network of laboratories and clinical trial centers in North America, Europe and Asia. SGS provides innovative solutions, including analytical, microbiological and in vitro testing, clinical safety and efficacy studies, and regulatory services. "We are also very much looking forward to the close collaboration and intend to use the added and globally recognized expertise to expand our offerings to our customers," explains Dr. Sheida Hönlinger, Director Life Science, Health & Nutrition at SGS in Germany.
About SGS Group:
SGS is the world's leading company in inspection, testing, verification and certification. Founded in 1878, SGS, headquartered in Geneva Switzerland, with more than 96,000 employees and an international network of over 2,600 offices and laboratories, sets globally recognized standards for quality and integrity. In Germany, the SGS Group has been active since 1920 and has a nationwide presence with around 4,000 employees at more than 50 locations. It also includes SGS-TÜV Saar GmbH and SGS Institut Fresenius GmbH. Together, we are working to create a better, safer and more connected world. Further information can be found online here: www.sgs.com.