Medpace

Medpace

MEDPPhase 3
Founded 2009medpace.com

Medpace is a global CRO with over 30 years of experience providing end-to-end clinical development services from Phase I through IV trials. The company differentiates itself through its full-service integrated model, combining CRO services with wholly-owned central laboratories, bioanalytical labs, imaging core labs, and Phase I units. With approximately 6,200 employees across 46 countries and 32 offices, Medpace serves as an extension of clients' teams, with 90% of their clients being small to mid-size biotechnology companies. The company emphasizes therapeutic expertise, team continuity, and quality execution to accelerate drug development timelines.

Market Cap
$12.8B
Founded
2009
Employees
6,200

MEDP · Stock Price

USD 452.51+294.22 (+185.87%)

Historical price data

AI Company Overview

Medpace is a global CRO with over 30 years of experience providing end-to-end clinical development services from Phase I through IV trials. The company differentiates itself through its full-service integrated model, combining CRO services with wholly-owned central laboratories, bioanalytical labs, imaging core labs, and Phase I units. With approximately 6,200 employees across 46 countries and 32 offices, Medpace serves as an extension of clients' teams, with 90% of their clients being small to mid-size biotechnology companies. The company emphasizes therapeutic expertise, team continuity, and quality execution to accelerate drug development timelines.

Technology Platform

Medpace operates a full-service integrated CRO model combining clinical development services with wholly-owned central laboratories, bioanalytical labs, imaging core labs, ECG facilities, and Phase I units. Their proprietary Clinical Trial Management System integrates all study data on a single platform for enhanced efficiency and productivity.

Pipeline Snapshot

74

74 drugs in pipeline, 23 in Phase 3

DrugIndicationStage
Lesinurad + XOI + Placebo + colchicine + corticosteroidsGoutApproved
lerodalcibepHypercholesterolemiaPhase 3
TNX-103 + PlaceboPulmonary HypertensionPhase 3
lerodalcibepHeterozygous Familial HypercholesterolemiaPhase 3
buprenorphineChronic Lower Back PainPhase 3

Funding History

1

Total raised: $150M

IPO$150MUndisclosedAug 11, 2016

Opportunities

Medpace is positioned for growth through expanding biotech partnerships, geographic expansion particularly in Asia-Pacific markets, and increasing demand for integrated CRO services.
The company's focus on therapeutic expertise and full-service capabilities should drive continued market share gains in the growing clinical outsourcing market.

Risk Factors

Key risks include concentration in the volatile biotech sector, intense competition from larger CROs, potential economic downturns affecting R&D spending, and the need for continuous technology investment.
Regulatory changes and talent retention in competitive markets also pose ongoing challenges.

Competitive Landscape

Medpace competes with major CROs like IQVIA, Syneos Health, and PPD but differentiates through its integrated full-service model, biotech focus, and organic growth strategy. The company's therapeutic specialization and team continuity approach provides competitive advantages versus larger, acquisition-driven competitors.

Publications
18
Pipeline
74

Company Info

TypeServices
Founded1992
Employees6,200
LocationUnited States
StagePhase 3
RevenueRevenue Generating

Trading

TickerMEDP
ExchangeNASDAQ

Therapeutic Areas

CardiovascularDermatologyEndocrine & MetabolicGastroenterology & HepatologyHematology & OncologyImmunology & InflammationInfectious Disease & VaccinesNephrologyNeuroscienceOphthalmologyWomen's HealthRare DiseasesCell & Gene Therapy

Partners

Small to mid-size biotechnology companies globallyKey Opinion LeadersPrincipal InvestigatorsHigh-performing clinical sites worldwide
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