April 30, 2019
GUELPH, Ontario (April 30, 2019) – Nutrasource Pharmaceutical and Nutraceutical Services (Nutrasource), a global full-service contract research organization (CRO), is pleased to announce the establishment of Nutrasource Asia, a new business unit based in Seoul, South Korea. This expansion will allow the company to accelerate its global strategy, better serve its ever-growing Asian client base, and assist customers throughout Asia Pacific in expanding their health products to key international markets including the United States, Canada, South America, and the European Union.
Nutrasource Asia will consist of focused business teams dedicated to serving clients so they can seamlessly leverage Nutrasource’s full suite of international services and experienced project teams. Offerings include regulatory strategy and compliance consulting, clinical trials, claims substantiation, analytical testing, and transparency-based product certifications across the complete range of health product markets, including dietary supplements and natural health products, foods and beverages, cosmetics and personal care products, probiotics, cannabis, medical foods, biologics, and pharmaceutical drugs.
"Asian health product companies are expanding globally and are quickly becoming an integral part of our client portfolio,” says William Rowe, President and CEO of Nutrasource. “Establishing this base of operations in Seoul fits perfectly with our growth plan but more importantly, will enhance the client service experience with regional teams poised to serve the global marketplace."
"We appreciate Nutrasource’s hard work in launching this initiative. Today’s announcement is one of many important steps as we strive to operate as a successful brand of Nutrasource and be the wise choice for customers in the Asian marketplace," says Jay Kim, President of Nutrasource Asia. "We believe this collaboration will generate significant synergies, deliver more customer value, and better position Nutrasource to compete in the increasingly competitive Asian marketplace."
Nutrasource Asia will join the Nutrasource family of brands, which includes wholly-owned subsidiary GRAS Associates, LLC as well as its consumer-facing health product certification programs IFOS (the International Fish Oil Standards Program), IGEN (the International Genetically Modified Organism Evaluation and Notification Program), and IPRO (the International Probiotic Standards Program).
Nutrasource is a premier CRO that brings unparalleled expertise in nutrition, regulatory affairs, and pharmaceutical science to help clients achieve compliance and gain market entry for health products globally. With nearly 20 years' experience across the entire product spectrum from foods and supplements to pharmaceuticals, Nutrasource provides vertically-integrated solutions and unmatched scientific acumen in the pharmaceutical and nutraceutical industries to design and execute clinical trials as well as develop regulatory strategies that provide a unique advantage in product commercialization. No other CRO has the combination of personnel, with the breadth and depth of experience in both pharmaceutical development and natural health products, providing the leadership needed to launch products with strong science and regulatory confidence – from concept to claim. www.nutrasource.ca.
For more information, please contact:
William Rowe, President and CEO, Nutrasource