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Ergomed - About the company

Ergomed is an acquired company based in Guildford (United Kingdom), founded in 1997. It operates as a Clinical CRO specializing in oncology and rare diseases. Ergomed has raised an undisclosed amount in funding. The company has 343 active competitors, including 14 funded and 115 that have exited. Its top competitors include companies like TFS, Parexel and Syneos Health.

Company Details

Ergomed is a CRO operating in 50+ countries with two complementary businesses. As part of its co-development business, the company offers drug development services in exchange for revenues and out-licensing milestones w.r.t the sale and development of the product. The company has signed 5 such deals so far with different pharma companies. The company has acquired Haemostatix, along with a pipeline of proprietary development products for haemostasis in surgical settings.
Registered Address
1 OCCAM COURT,SURREY RESEARCH PARK,GUILDFORD,ENGLAND,GU2 7HJ
Key Metrics
Founded Year
1997
Location
Guildford, United Kingdom
Stage
Acquired
Latest Funding Round
Ranked
Annual Revenue
£145M as on Dec 31, 2022
Employee Count
1,437 as on Jan 31, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Permira (Sep 04, 2023)

Ergomed's acquisition details

Ergomed got acquired by Permira on Sep 04, 2023 at an acquisition amount of $*****.
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Ergomed's funding and investors

Ergomed has raised funding over 2 rounds. Its first funding round was on 2005. Ergomed has 1 institutional investor.

Here is the list of recent funding rounds of Ergomed:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 01, 2018
5200930
Post IPO
9339063
7587134
3537252
6932125
2005
1264
Series A
1252
6491
6392
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Ergomed's founders and board of directors

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Ergomed's employee count trend

Ergomed has 1,437 employees as of Jan 22. The total employee count is 15.0% more than what it was in Jan 21. Here is Ergomed's employee count trend over the years:
Employee count trend for Ergomed
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Ergomed's Competitors and alternates

Top competitors of Ergomed include TFS, Parexel and Syneos Health. Here is the list of Top 10 competitors of Ergomed, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for TFS
TFS
1996, Lund (Sweden), Acquired
A global mid-service CRO providing clinical research services
-
-
64/100
2nd
Logo for Parexel
Parexel
1983, Waltham (United States), Acquired
Global full-service CRO
-
62/100
3rd
Logo for Syneos Health
Syneos Health
1984, Raleigh (United States), Public
Provider of CRO clinical development
-
61/100
4th
Logo for Siro Clinpharm
Siro Clinpharm
2000, Thane (India), Acquired
Company offering clinical development services
$5.25M
60/100
5th
Logo for Celgene
Celgene
1986, Summit (United States), Acquired
Developer of therapies for treating cancer and inflammatory diseases
$45M
56/100
6th
Logo for Veristat
Veristat
1994, Southborough (United States), Acquired
Clinical research organization accelerating complex therapies through strategic planning and execution
-
56/100
7th
Logo for Biorasi
Biorasi
2002, Miami (United States), Acquired
CRO delivering reliable, flexible, transparent clinical trials with scientific excellence
-
-
56/100
8th
Logo for Emmes
Emmes
1977, India, Acquired
Provider of outsourced CRO services
-
54/100
9th
Logo for hVIVO
hVIVO
1998, London (United Kingdom), Public
Provider of cell based assays, field trial, and molecular services for biopharma sector
-
50/100
10th
Logo for Premier Research
Premier Research
1989, Durham (United States), Public
Provider of clinical trial CRO services
-
50/100
13th
Logo for Ergomed
Ergomed
1997, Guildford (United Kingdom), Acquired
Clinical CRO specializing in oncology and rare diseases
-
46/100
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Ergomed's Investments and acquisitions

Ergomed has made 1 investments in companies including Asarina Pharma. Ergomed has also acquired 10 companies including Panacea and ADAMAS Consulting.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Oct 10, 2023
Acquisition
2008
Douglas (United Kingdom)
Feb 09, 2022
Acquisition
1997
Crowthorne (United Kingdom)
Dec 14, 2020
Acquisition
1997
Houston (United States)
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News related to Ergomed

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