| [February 13, 2007] |
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Three Companies Consolidate under Holding Company
MORRISTOWN, N.J. --(Business Wire)-- Three New Jersey-based companies, CSSC, Inc., integrated Pharma Technologies (iPT), and Q Logistics, Inc., have consolidated under a holding company, Q Pharma, Inc. Together, the three companies provide a wide spectrum of regulatory and quality solutions to the life science industry.
Q Pharma remains under the same ownership and senior management team. Q Pharma will leverage the expertise of all three operating companies, unifying corporate functions and streamlining costs. To that end, the operating companies will share certain corporate-level functions, such as quality, regulatory compliance, and project management.
CSSC, Inc., founded in 1994, provides full-service regulatory compliance services and consulting in the areas of validation, auditing, training, quality systems, Part 11, and project management. iPT, founded in 2000, provides compliance solutions that assist the industry in meeting the challenges of achieving and maintaining compliance with the Prescription Drug Marketing Act (PDMA). Q Logistics, founded in 2006, is a full service pharmaceutical warehouse and fulfillment company, providing both Rep Fulfillment and Direct-to-Practitioner fulfillment services to increase the efficiency and effectiveness of a company's sales force.
In conjunction with the consolidation, the company also announced several key personnel changes:
Raymond A. Roggero has been named President of both iPT and Q Logistics, with responsibility for day-to-day operations of both divisions. Ray has been involved with regulatory compliance and validation in the pharmaceutical industry since 1991, and is recognized within the industry as an expert in computer systems validation and PDMA compliance.
Robert C. Lorence has been promoted from Regional Director to Managing Director of Operations for CSSC, Inc. Rob will be responsible for the day-to-day operations of CSSC. Rob has more than 13 years of pharmaceutical industry experience across all facets of the pharmaceutical enterprise.
Bruce Fieggen has been named Vice President of Project Management and Training for all of the Q Pharma companies. Formerly Director of Project Management for CSSC, Bruce is a certified Project Management Professional with more than 20 years of experience in the medical device and pharmaceutical fields.
Commented Patrick P. Den Boer, Chief Executive Officer of Q Pharma, "I am confident that by combining the strengths of all three organizations, we will further strengthen our ability to help our life science clients meet their daunting regulatory, technological, and logistical challenges. Additionally, the organizational structure we now have in place positions us for continued growth."
About Q Pharma
Headquartered in Morristown, New Jersey, Q Pharma, Inc. is a family of companies focused on delivering a wide spectrum of regulatory and quality solutions to the life science industries. Q Pharma companies include CSSC, Inc., integrated Pharma Technologies, and Q Logistics, Inc. For more information, go to www.qpharmacorp.com.
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