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PharmaLogics Recruiting buys Orbis Clinical

April 24, 2019

PharmaLogics Recruiting, a provider of recruiting solutions for life sciences companies worldwide, acquired Orbis Clinical, a life science contract staffing and consulting firm.

The acquisition enables PharmaLogics to provide all life science functions in both permanent and temporary placement.

The transaction closed April 6; terms were not disclosed. Orbis Clinical was owned by Maxim Health Services.

Founded in 2004 and based in Woburn, Massachusetts, Orbis Clinical provides onsite or remote teams for a range of services, including drug safety/pharmacovigilance, clinical operations, regulatory affairs, quality assurance, biometrics, medical affairs, and scientific/nonclinical. The $15 million company averages 100 contractual assignments per year with 20 employees and two offices.

Orbis Clinical will retain its brand name as a division of PharmaLogics Recruiting until the remainder of this year, at which point only the PharmaLogics brand will remain.

Founded in 2003, PharmaLogics Recruiting maintains a US headquarters in Quincy, Massachusetts, and a European headquarters in Basel, Switzerland. It was acquired in 2017 by private equity firm Webster Equity Partners (formerly Webster Capital), whose healthcare staffing portfolio also includes Cirrus Medical Staffing, a national provider of travel nurse and allied staffing, and travel nurse staffing firm Emerald Health Services, which Webster acquired last year. PharmaLogics is a $13 million company; it has 90 employees and averages nearly 400 placements per year.

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