Truly Labs

Truly Labs

Stockholm, Sweden· Est.
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Private Company

Funding information not available

Overview

Truly Labs is a Swedish preclinical contract research and strategic consultancy firm that accelerates drug development for biotech and pharma clients. The company provides a full-service partnership model, combining strategic advice with access to modern, specialized laboratories for pharmacology, biomarker identification, and performance testing under IVDR. Led by CEO Karin von Wachenfeldt, Truly leverages a team with deep experience from both commercial drug development and academic research to bridge the gap between early-stage research and clinical trials.

AI / Machine LearningDrug Discovery

Technology Platform

Integrated preclinical service and consultancy model leveraging translational science, specialized in vitro/in vivo laboratories, and IVDR-ready diagnostic validation capabilities.

Opportunities

The growing trend of outsourcing in biopharma R&D and the specific, urgent need for IVDR-compliant performance testing for diagnostics create significant demand for Truly's integrated service model.
Their positioning in the European life science hub of Stockholm provides access to a dense network of innovative biotech clients.

Risk Factors

The company is exposed to cyclical swings in biotech funding and faces intense competition from larger, global CROs.
Its reputation and revenue are directly tied to the success of client projects, creating significant operational and liability risks.

Competitive Landscape

Truly Labs competes in the fragmented preclinical CRO and consultancy market, facing competition from large global players (e.g., Labcorp, Charles River), specialized niche CROs, and academic core facilities. Its differentiation lies in its strong translational consultancy layer combined with hands-on lab services, a model that competes with other boutique strategic advisory firms.