June 2010Strategic
business outlook: Health Outcomes Group and LUZ form partnership
Partnership
provides synergies for supporting pharmaceutical clients that have unique needs
With
changing regulatory requirements and an increased demand for quantitative measurement
of patient reported outcomes (PROs), both companies see advantages in leveraging
their core competencies to realize mutual opportunities.
"Patient reported
outcomes have become a critical assessment tool for the potential success of pharmaceutical
products," explains LUZ's President Sanford Wright. "Our partnership
with Health Outcomes
Group is a logical progression in our continuous pursuit of innovative and
client-appropriate solutions."
The highly specialized expertise of
Health Outcomes
Group (H.O.G.) in quantitative measurement of PROs and LUZ's specialization
in life science translations allow both companies to strengthen their positioning
of related service offerings.
"Partnering with LUZ allows us to provide
our unique capabilities to a broader client base while enabling LUZ to offer highly
specialized expertise," comments H.O.G.'s President and founder David Himmelberger.
"Furthermore, our companies have a very similar philosophy, which is reflected
in our client focus and fundamental business approach."
As pharmaceutical
companies are driven to provide better and more robust data for new product registrations,
both partners see greater demand in the foreseeable future for quantitative measurement
of PROs and related language services. "The needs of life science clients
are becoming more refined," states LUZ's Director of Business Development
Waldemar Frank, "and the increasing demand for highly-specialized solutions
is just a natural evolution of market maturity that we want to respond to."
The
partnership will help both partners to establish stronger footholds in growing
areas for their distinctive services. Integrating core competencies will give
pharmaceutical companies a more complete solution that meets their specialized
needs.
About
Health Outcomes GroupHealth
Outcomes Group has been providing assessments of patient reported outcomes
and economic evaluations of health care interventions since 1987. As a pioneer
in quantitative measurement of patient outcomes, we have defined unique solutions
and innovative services to address the needs of diverse, global pharmaceutical
companies.
Health Outcomes Group distinguishes itself as a quality-driven
service provider with a keen understanding of regulatory requirements and cultural
diversity. Our experience includes working in many therapeutic areas on every
continent of the world and in more than 80 major languages.
We are a team
of perfectionists who are constantly striving for excellence in all of our activities.
We are not deterred by difficult problems.
For more information about our
products and services, please contact info@healthoutcomesgroup.com.
About
LUZ, Inc.LUZ, Inc. was founded in 1994 on a straightforward business
philosophy to provide high-quality translation services and responsive project
management to corporate clients worldwide.
We are a women and minority-owned
business (M/WBE) with a focus on life science translations. In 2009, LUZ was named
to Hispanic Business magazine's prestigious list of the nation's top
500 Hispanic-owned businesses. "LUZ" means "light" in Spanish
and represents our commitment to demystifying the translation and localization
process.
We promote a healthy, inspiring work environment because we recognize
the importance of a positive LUZ experience for clients and employees alike.
For
more information about our products and services, please contact info@luz.com.