A merger of two leading consultancies with Capital K joining Brandwood Biomedical.
The new consultancy, Brandwood CKC, will provide services across pharmaceuticals and medical devices.
Capital K Consulting had its infancy in 2001 before being incorporated in 2009 by Nancy and Robert Stringer. It has become a leading provider of regulatory, market access and clinical services to the biopharmaceutical industry in Australia and New Zealand.
Brandwood Biomedical has provided regulatory and market access services to the medical technology industry for almost two decades and is headquartered in Sydney, with an international office network.
Brandwood Biomedical CEO Grant Bennett will lead the merged organisation.
According to Mr Bennett, the two firms have been working closely together for several years.
"It became evident very quickly that our organisations shared a common culture of empowered people, with deep expertise providing excellent, commercially focussed client service."
As technologies evolve and converge, both firms were seeing a breakdown in traditional product boundaries and growing market interest in the combination product space.
“There was a clear opportunity to bring our complementary skills together to create an integrated firm serving the entire life sciences industry,” added Robert Stringer. “With Brandwood’s well developed international presence that certainly changes our horizon.”
More pharmaceutical companies are engaging in advanced drug delivery systems and companion diagnostics with medical device companies incorporating medicines and biologicals.
"The combined organisation will have the scale and breadth of expertise to offer a full range of support through the entire product life cycle," said Mr Stringer.
The firm will offer support to regulatory strategy, quality systems, product technical documentation and regulatory submissions, postmarket vigilance and reimbursement.
"It really is about creating an organisation that offers seamless services, beneficial for all our clients. In the end, that is why we are here," continued Mr Bennett.
The merger, which is underway, officially takes effect on 1 July.