Pharma-Bio Serv, Inc. operates as a compliance and technology transfer services consulting company. The company provides a range of compliance related consulting services. It also provides microbiological testing services and chemical testing services through its laboratory testing facility in Puerto Rico. In addition, the company provides information technology consulting services and technical training/seminars. The company markets its services to pharmaceutical, chemical, biotechnology, medical devices, cosmetic, and food industries; and allied products companies in Puerto Rico, the United States, and Europe. The company has a relationship with the major pharmaceutical, biotechnology, medical device and chemical manufacturing companies in Puerto Rico and the United States, which provides the company access to affiliated companies in other markets. The company’s subsidiary, Integratek Corp., provides various information technology services, such as Web pages and portals development; digital art design; intranets; extranets; software development, including database integration; Windows and Web applications development; software technical training and learning management systems; technology project management; compliance consulting services; and others. The company’s Pharma Serv Academy division, through a network of professional experts in their field, including resources of its own, provides technical seminars/training that incorporates the latest regulatory trends and standards, as well as other related areas. Technical Consulting Services The company’s services include regulatory compliance, validation, technology transfer, engineering, project management, and process support. The company has approximately 45 clients that are among the major pharmaceutical, chemical manufacturing, medical device, and biotechnology companies. Business Strategy The company is pursuing new markets as part of its growth strategy. The company’s business strategy is based on a commitment to provide premium quality and professional consulting services and reliable customer service to its customer base. The company’s business strategy is to continue growth in consulting services in each technical service, quality assurance, regulatory compliance, technology transfer, validation, engineering, laboratory testing, and manufacturing departments by achieving greater market penetration from its marketing and sales efforts; continue to improve its technical consulting services through internal growth and acquisitions that provide solutions to its customers’ needs; motivate its professionals and support staff by implementing a compensation program, which includes both individual performance and overall company performance as elements of compensation; create a pleasant corporate culture and emphasize operational quality safety and timely service; and continue to maintain its reputation as a trustworthy and highly ethical partner. Environmental Regulations Activities in the company’s laboratory testing facility are regulated under Puerto Rico and the U.S. federal laws designed to protect workers and the environment. Some of these laws include the Occupational Safety and Health Act, and the Resource Conservation and Recovery Act. History The company was founded in 1993. It was formerly known as Lawrence Consulting Group, Inc. and changed its name to Pharma-Bio Serv, Inc. in 2006.
pharma-bio serv inc
(PBSV:OTC Markets Group Inc - OTCQB)
Pharma-Bio Serv Building
Dorado, PR 00646
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