P95

P95

Leuven, Belgium· Est.
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Private Company

Total funding raised: $12.5M

Overview

P95 is a specialized, global Contract Research Organization (CRO) focused exclusively on vaccines and infectious diseases, offering integrated clinical trial and epidemiological research services. With over 25 years of collective experience, 500 staff, and operations across five continents, the company differentiates itself through deep expertise in challenging environments, particularly in Africa and LMICs. Its business model is service-based, generating revenue by supporting pharmaceutical companies, biotechs, and global health organizations through all phases of clinical development and post-marketing studies. P95 appears to be a mature, revenue-generating private company built through the integration of several legacy CROs.

Infectious DiseaseVaccines

Technology Platform

Integrated service model combining clinical trial operations, epidemiological research, and real-world evidence (RWE) generation, with specialized operational expertise for conducting studies in Africa and low- to middle-income countries (LMICs).

Funding History

2
Total raised:$12.5M
Series A$10M
Seed$2.5M

Opportunities

Growing global investment in vaccine R&D and pandemic preparedness creates sustained demand.
The increasing regulatory reliance on real-world evidence for vaccines and drugs opens a major service line.
Its specialized expertise in Africa and LMICs addresses a critical need for inclusive clinical research and data generation in high-burden regions.

Risk Factors

Faces intense competition from large, generalist CROs and other niche players.
Operational execution in logistically challenging and politically unstable regions (a core focus) carries significant project delivery risks.
Revenue is contingent on client project flow and is susceptible to cycles in biopharma R&D spending.

Competitive Landscape

Competes against large, full-service CROs (e.g., IQVIA, ICON, Labcorp) that have vast resources, and against other specialized boutique CROs focusing on infectious diseases or specific regions. Differentiation is achieved through deep, exclusive focus on vaccines/infectious diseases and proven, on-the-ground expertise in Africa and LMICs, a combination not all competitors offer.