Cmed Clinical Services is a global CRO providing services to the Biopharma industry worldwide. Cmed was established in 2000 with the vision to conduct clinical trials better than anyone else, thus saving and helping lives. Cmed works with clients to not only deliver the clinical trial services effectively, and with quality, passion, teamwork and superior customer service, but also, especially for full service projects, by understanding the clients commercial and business objectives. Cmed then leverages its in-depth expertise to ensure the development program and/or clinical trial is well designed and conducted as efficiently and as cost effectively as possible. Cmed has particular expertise in the design and conduct of complex, oncology and rare disease trials and the provision of Biometric functional services.
Company Growth (employees)
Type
Private
HQ
West Sussex, GB
Founded
1999
Size (employees)
334 (est)
Cmed was founded in 1999 and is headquartered in West Sussex, GB

Key People/Management at Cmed

David Connelly

David Connelly

Chief Executive Officer
Timothy Corbett-Clark

Timothy Corbett-Clark

Chief Technical Officer
Gareth Hughes

Gareth Hughes

Chief Officer Corporate Business Management
Andrew Griffiths

Andrew Griffiths

Chief Operations Officer
Alan Eggleston

Alan Eggleston

Global Head Marketing and Sales

Cmed Office Locations

Cmed has offices in West Sussex, Durham, Cambridge, Sânnicolau Mare and in 1 other location
West Sussex, GB (HQ)
Holmwood - Broadlands Business Campus Langhurstwood Road Horsham
San Bruno, US
001 Bayhill Dr. Second Floor San Bruno, CA 94066
Sânnicolau Mare, RO
Str. Coriolan Brediceanu, Nr. 10 City Business Centre Building A, Second Floor Timisoara 300011
Cambridge, US
485 Massachusetts Avenue
Durham, US
Maplewood Building 4620 Creekstone Drive, Suite 160

Cmed Financials and Metrics

Summary Metrics

Founding Date

1999

Total Funding

$7.5 m

Latest funding size

$7.5 m

Time since last funding

almost 9 years

Investors

Cmed's latest funding round in November 2008 was reported to be $7.5 m. In total, Cmed has raised $7.5 m

Cmed Financials

Cmed's revenue was reported to be £2.3 m in FY, 2016 which is a 3% increase from the previous period.
GBP

Revenue (FY, 2016)

2.3 m

Gross profit (FY, 2016)

1.8 m

Gross profit margin (FY, 2016), %

79%

Net income (FY, 2016)

377 k

Cash (31-Dec-2016)

5 k
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

463 k559 k1 m1.9 m2.7 m3 m2.5 m2.4 m2.2 m2.3 m

Revenue growth, %

(5%)(6%)

Cost of goods sold

595 k629 k655 k816 k1 m630 k468 k429 k489 k

Gross profit

(132 k)(70 k)1.2 m1.9 m2 m1.9 m1.9 m1.8 m1.8 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

5 k5 k5 k5 k5 k5 k5 k5 k5 k5 k

Accounts Receivable

24 k54 k23 k22 k

Current Assets

468 k292 k795 k216 k190 k550 k747 k1.3 m258 k1.5 m

PP&E

20 k5 k22 k39 k88 k114 k88 k56 k28 k8 k
    GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    (505 k)(421 k)(346 k)(2 m)(1.9 m)(2.4 m)(80 k)280 k501 k377 k

    Income Taxes Paid

    162 k126 k71 k
      GBPY, 2016

      Revenue/Employee

      7.8 k

      Financial Leverage

      -0.2 x
      Show all financial metrics

      Traffic Overview of Cmed

      Cmed Company Life and Culture

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