New Facility to augment Company’s Regulatory Service and Solution Offerings
28 Oct, 2015, New Jersey – Freyr today announced the commencement of operations at its new offshore delivery facility in India that will enable the company to broaden its regulatory services portfolio and global delivery capabilities. Exclusively focusing on the entire Regulatory value-chain the new facility will augment Freyr’s professional regulatory talent pool and complement the strategic expansion plans into new emerging regulatory markets to provide a full range of technology-driven services in the areas of Global Regulatory Pathway Strategy, Centralization, Regulatory Intelligence, Information Management and Process Consulting besides the full spectrum of Regulatory solutions and services.
Freyr’s new facility is part of Freyr’s Business Acceleration Program as it consolidates its position in providing value-added market entry services tied to R&D and IT services centers aimed at improving global operations. As an integral part of Freyr’s global expansion strategy the facility will enable gaining a strategic foothold in new markets transforming the regulatory operations into a partnership engagement model focused on new market entry program for global clients.
Equipped with state-of-the-art infrastructure, the new facility is compliant with global Quality and Process Standards and deploys hi-end data & information security systems. The facility will accommodate over 300 professionals from the Regulatory Operations and Regulatory Affairs domain and also host dedicated offshore delivery centers (ODC) for large global engagements.
Managing Dynamic Regulations, Providing Continuous Compliance by Combining High-Quality Service with Lower Delivery Costs
In particular, the addition of the new delivery center will help Freyr to aggregate and leverage its Center of Excellence (CoE) engagement model and aggressively expand its core offerings for enhanced business performance, program management and global service delivery. “The new facility operations in India will allow us to combine Freyr’s deep range of regulatory CoE and technology resources with lower cost of service delivery. This is a significant differentiator for us. Freyr offers pioneering, low-cost & innovative, global regulatory affairs service models – right combination of localized & offshore-based functions – offering significant value & faster time-to-approval,” said Suren Dheenadayalan, Co-CEO, Freyr.
Freyr’s strategy is to create a global network of specialized Centers of Excellence to cater to a wide range of critical regulatory functions of large multinational companies and provide end-to-end centralized multi-client, multi-geography program support for large and complex projects. The facility complements and reinforces Freyr’s differentiated, multi-tiered global delivery model comprising onshore, offshore and near-shore capabilities offering measureable business impact and collaboration with clients worldwide.