Successful Clinical Research Organization For Sale National/International-PA Based
Price
$7,500,000
Location
Pennsylvania
Industry
Health Care and Fitness
Listing ID
04232024
This is an opportunity to acquire a reputable full-service CRO (clinical research organization) for pharmaceuticals and for medical device programs, offering clinical, statistical and regulatory support from concept to market approval. The Company boasts a large number of returning clients, which ensures consistent demand and revenue year after year. Furthermore, their highly qualified staff of experts with over 25 years in the industry and a longstanding track record of excellence will provide a smooth transition for incoming ownership. Their geographic footprint includes clients in the U.S., Canada, and Europe. Tremendous untapped potential exists in the licensing of its proprietary technology and the establishment of a new revenue stream of software and data licensing. Additionally, given that the Company’s current client acquisition strategy relies mostly on word of mouth, implementing marketing and sales campaigns, coupled with hiring experienced personnel in clinical development, could lead to a seamless scaling of operations. The current owners are seeking a full sale as they are nearing retirement and are searching for a new owner who will commit to scaling the business that they have established and led for over 25 years. CIM and financial information available upon request.
Owners are retiring
The Company has developed cutting-edge proprietary technology providing clients with all the essential tools to efficiently conduct clinical trials of any scale. Licensing these systems represents a potential new revenue stream. Additionally, given that the Company’s current client acquisition strategy relies mostly on word of mouth, implementing marketing and sales campaigns, coupled with hiring experienced personnel in clinical development, could lead to a seamless scaling of operations.
Price: $7,500,000
Location: Pennsylvania
Industry: Health Care and Fitness
Listing ID: 04232024
This is an opportunity to acquire a reputable full-service CRO (clinical research organization) for pharmaceuticals and for medical device programs, offering clinical, statistical and regulatory support from concept to market approval. The Company boasts a large number of returning clients, which ensures consistent demand and revenue year after year. Furthermore, their highly qualified staff of experts with over 25 years in the industry and a longstanding track record of excellence will provide a smooth transition for incoming ownership. Their geographic footprint includes clients in the U.S., Canada, and Europe. Tremendous untapped potential exists in the licensing of its proprietary technology and the establishment of a new revenue stream of software and data licensing. Additionally, given that the Company’s current client acquisition strategy relies mostly on word of mouth, implementing marketing and sales campaigns, coupled with hiring experienced personnel in clinical development, could lead to a seamless scaling of operations. The current owners are seeking a full sale as they are nearing retirement and are searching for a new owner who will commit to scaling the business that they have established and led for over 25 years. CIM and financial information available upon request.
Reason for Sale: Owners are retiring
Year Established: 1995
Employees: 28
Relocatable: Yes
Potential Growth: The Company has developed cutting-edge proprietary technology providing clients with all the essential tools to efficiently conduct clinical trials of any scale. Licensing these systems represents a potential new revenue stream. Additionally, given that the Company’s current client acquisition strategy relies mostly on word of mouth, implementing marketing and sales campaigns, coupled with hiring experienced personnel in clinical development, could lead to a seamless scaling of operations.
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New York, NY 10001
Price
$7,500,000
Location
Pennsylvania
Industry
Health Care and Fitness
Listing ID
04232024
This is an opportunity to acquire a reputable full-service CRO (clinical research organization) for pharmaceuticals and for medical device programs, offering clinical, statistical and regulatory support from concept to market approval. The Company boasts a large number of returning clients, which ensures consistent demand and revenue year after year. Furthermore, their highly qualified staff of experts with over 25 years in the industry and a longstanding track record of excellence will provide a smooth transition for incoming ownership. Their geographic footprint includes clients in the U.S., Canada, and Europe.
Tremendous untapped potential exists in the licensing of its proprietary technology and the establishment of a new revenue stream of software and data licensing. Additionally, given that the Company’s current client acquisition strategy relies mostly on word of mouth, implementing marketing and sales campaigns, coupled with hiring experienced personnel in clinical development, could lead to a seamless scaling of operations.
The current owners are seeking a full sale as they are nearing retirement and are searching for a new owner who will commit to scaling the business that they have established and led for over 25 years.
CIM and financial information available upon request.
Owners are retiring
The Company has developed cutting-edge proprietary technology providing clients with all the essential tools to efficiently conduct clinical trials of any scale. Licensing these systems represents a potential new revenue stream. Additionally, given that the Company’s current client acquisition strategy relies mostly on word of mouth, implementing marketing and sales campaigns, coupled with hiring experienced personnel in clinical development, could lead to a seamless scaling of operations.
Main Office
Administration and Mail
209 West 29th Street
Suite 318
New York, NY 10001
Phone: 212-473-5000
Connecticut Office - Hartford
1245 Farmington Ave
Suite #302
West Hartford, CT 06107
Phone: 860-474-8000
Pennsylvania Office - Pittsburgh
1001 Liberty Ave, 5th Floor
Pittsburgh, PA 15222
Phone: (215) 461-5000
Pennsylvania Office - Philadelphia
Two Liberty Place
50 South 16th Street
17th floor
Philadelphia, PA 19102
Phone: 215-388-2334
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