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TFS - About the company

TFS is an acquired company based in Lund (Sweden), founded in 1996. It operates as an A global mid-service CRO providing clinical research services. The company has 339 active competitors, including 14 funded and 112 that have exited. Its top competitors include companies like Veristat, Siro Clinpharm and Emmes.

Company Details

TFS is a clinical Contract Research Organization providing clinical research services to pharmaceutical, healthcare, life sciences, biotech and medical device companies. Their services include Scientific advice, Product development consulting, Proof of concept, PK/PD Modelling and simulation, Protocol design, Regulatory affairs strategy, Preparation and submission of CTA/ITA, IND, PMA/510(k), Interaction with regulatory agencies world-wide, Orphan Drug Designations and Pediatric Investigational Plans.
Website
tfscro.com
Social
X
Email ID
*****@tfscro.com
Registered Address
Princeton, New Jersey
Key Metrics
Founded Year
1996
Location
Lund, Sweden
Stage
Acquired
Ranked
Employee Count
767 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Ratos (Sep 07, 2015)

TFS's acquisition details

TFS got acquired by Ratos on Sep 07, 2015.
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TFS's funding and investors

TFS has not raised any funding rounds yet. TFS has 1 institutional investor.

TFS's founders and board of directors

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TFS's employee count trend

TFS has 767 employees as of Sep 26. Here is TFS's employee count trend over the years:
Employee count trend for TFS
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TFS's Competitors and alternates

Top competitors of TFS include Veristat, Siro Clinpharm and Emmes. Here is the list of Top 10 competitors of TFS, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Veristat
Veristat
1994, Southborough (United States), Acquired
Clinical research organization accelerating complex therapies through strategic planning and execution
-
60/100
2nd
Logo for Siro Clinpharm
Siro Clinpharm
2000, Thane (India), Acquired
Company offering clinical development services
$5.25M
60/100
3rd
Logo for Emmes
Emmes
1977, India, Acquired
Provider of outsourced CRO services
-
60/100
4th
Logo for Syneos Health
Syneos Health
1984, Raleigh (United States), Public
Provider of CRO clinical development
-
58/100
5th
Logo for Parexel
Parexel
1983, Waltham (United States), Acquired
Global full-service CRO
-
57/100
6th
Logo for Celgene
Celgene
1986, Summit (United States), Acquired
Developer of therapies for treating cancer and inflammatory diseases
$45M
57/100
7th
Logo for Premier Research
Premier Research
1989, Durham (United States), Public
Provider of clinical trial CRO services
-
55/100
8th
Logo for Biorasi
Biorasi
2002, Miami (United States), Acquired
CRO delivering reliable, flexible, transparent clinical trials with scientific excellence
-
-
54/100
9th
Logo for ClinChoice
ClinChoice
1995, Fort Washington (United States), Series E
CRO focused on data management, regulatory affairs and consulting services
$212M
53/100
10th
Logo for Worldwide Clinical Trials
Worldwide Clinical Trials
1986, Beverly Hills (United States), Acquired
Global CRO providing personalized support for clinical trials across diverse therapeutic areas
-
52/100
20th
Logo for TFS
TFS
1996, Lund (Sweden), Acquired
A global mid-service CRO providing clinical research services
-
57/100
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TFS's Investments and acquisitions

TFS has made 1 investment in Medidata and acquired Appletree CI Group and SCIderm.
Here is the list of these investments and acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Nov 06, 2023
Investments
1999
New York City (United States)
Jan 23, 2023
Acquisition
2013
Winterthur (Switzerland)
Oct 07, 2016
Acquisition
2005
Hamburg (Germany)
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Reports related to TFS

Here is the latest report on TFS's sector:

News related to TFS

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FAQs about TFS

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