Willow Grove, Pa, June 25, 2015 (GLOBE NEWSWIRE) -- Azzur Group, a Pennsylvania-based private equity firm comprised of businesses serving the health and life sciences industry, joins the Life Sciences Trade Mission to Portugal at the U.S. Embassy in Lisbon. Azzur Group teams up with the mission in promoting cooperation and establishing relations between U.S. and Portuguese entrepreneurs, companies, investors, and research institutions.
“Azzur Group is pleased to take part in the Life Sciences Trade Mission to Portugal,” says Thomas O’Donnell, Managing Partner of Azzur Group. “It offers a great opportunity to accelerate innovation and bring new ideas and technology to the health and life sciences industry in Portugal, as well as on a local level in Pennsylvania.”
The mission, led by Nobel Laureate, Dr. Craig Mello, promotes opportunities for investment, new business development, and research collaboration with Portugal’s top leaders in the life sciences industry. The key focus of the delegation is to drive innovation and bring ideas, medicine, and technology from the lab to the market.
The life sciences trade mission also provides the opportunity to engage with Portugal’s top leaders in the life sciences industry in meetings showcasing Portuguese technology and innovation, site visits to biotechnology centers, targeted panels, and networking events.
Thomas O’Donnell and Michael Khavinson, Managing Partners of Azzur Group, were selected to attend the life sciences trade mission as representatives of the Pennsylvania-based firm. O’Donnell and Khavinson are longtime residents of Pennsylvania and share a passion for setting new standards for success in the life sciences industry.
Azzur Group plans to utilize its newly forged connections and resources from the mission to enhance quality, increase efficiencies, and accelerate innovation in the pharmaceutical, biotechnology, clinical research, medical device, engineering, and scientific industries in Portugal and its U.S. home state, Pennsylvania.
Lisbon has become a prominent and fast-evolving life sciences sector in Portugal. It offers several world-class R&D institutions of excellence, which provides support to cutting-edge medical researchers. Portugal’s workforce is highly skilled and educated, ranking as one of the top countries in Europe for the number of PhDs per 1,000 inhabitants.
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Azzur Group is a private equity firm comprised of businesses focused on GxP compliance, consulting, engineering, and laboratory services. Azzur Group is a leader in the life sciences industry and has been recognized by Inc. 5000 as one of the fastest growing privately held companies in America for three consecutive years.