CROMSOURCE

Verona, Italy Founded: 1994 • Age: 32 yrs Acquired By ClinChoice
An ISO-certified CRO and provider of outsourced services to the pharmaceutical, biotechnology and medical device industries
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About CROMSOURCE

CROMSOURCE is a company based in Verona (Italy) founded in 1994 was acquired by ClinChoice in March 2023.. CROMSOURCE has completed 1 acquisition, including Pleiad. CROMSOURCE offers products and services including Clinical Development, Post-Marketing Services, and Regulatory Affairs. CROMSOURCE operates in a competitive market with competitors including SSI Strategy, Fusion Antibodies, Health Decisions, Antios Therapeutics and Everest Clinical Research, among others.

  • Headquarter Verona, Italy
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $1.74 M (USD), Grant

    Oct 01, 2019

  • Investors
    ClinChoice

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    ClinChoice

    & 1 more

    (Mar 01, 2023)

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Products & Services of CROMSOURCE

CROMSOURCE offers a comprehensive portfolio of products and services, including Clinical Development, Post-Marketing Services, and Regulatory Affairs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Services for conducting clinical trials and development programs.

Support for post-approval studies and evidence generation.

Assistance with regulatory compliance and approvals.

People of CROMSOURCE
Headcount 500-1000
Employee Profiles 32
Employee Profiles
People
Greta Rista
Clinical Project Manager II
People
Nadia di Matteo
Legal Affairs Department Director
People
Oriana Zerbini
CEO
People
Stefano Compagni
Administrative & Group Treasury Director

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Funding Insights of CROMSOURCE

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $1.7M
  • First Round

    (01 Oct 2019)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2019 Amount Grant - CROMSOURCE Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CROMSOURCE

CROMSOURCE has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include ClinChoice and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
CRO focused on data management, regulatory affairs and consulting services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CROMSOURCE

CROMSOURCE has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pleiad. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Limited information on core activities is available.
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - CROMSOURCE

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cromsource Comparisons

Employees
+
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Competitors of CROMSOURCE

CROMSOURCE operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SSI Strategy, Fusion Antibodies, Health Decisions, Antios Therapeutics and Everest Clinical Research, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Pharmacovigilance and medical affairs services are offered for drug development.
domain founded_year HQ Location
Company offering a range of services in antibody production, development, characterization and optimization right from discovery to commercialization
domain founded_year HQ Location
CRO focused on clinical trial services for data management, monitoring and biostatistics
domain founded_year HQ Location
Innovative therapies for treating and curing viral diseases are developed.
domain founded_year HQ Location
Full-service clinical research services are provided to life science industries.
domain founded_year HQ Location
Regulatory and pharmacovigilance support is provided for product lifecycles.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cromsource

Frequently Asked Questions about CROMSOURCE

When was CROMSOURCE founded?

CROMSOURCE was founded in 1994 and raised its 1st funding round 25 years after it was founded.

Where is CROMSOURCE located?

CROMSOURCE is headquartered in Verona, Italy. It is registered at Verona, Veneto, Italy.

Who is the current CEO of CROMSOURCE?

Oriana Zerbini is the current CEO of CROMSOURCE.

What does CROMSOURCE do?

CROMSOURCE was founded in 1994 in Verona, Italy, as an ISO-certified contract research organization. Services are offered to the pharmaceutical, biotechnology, and medical device sectors, with a focus on clinical development and staffing solutions. Operations include the management of clinical projects through Clin-Track, a GAMP5-validated modular platform that enables real-time oversight. The company supports various stages of product development in these industries.

Who are the top competitors of CROMSOURCE?

CROMSOURCE's top competitors include SSI Strategy, Fusion Antibodies and ProductLife Group.

What products or services does CROMSOURCE offer?

CROMSOURCE offers Clinical Development, Post-Marketing Services, and Regulatory Affairs.

How many acquisitions has CROMSOURCE made?

CROMSOURCE has made 1 acquisition, including Pleiad.

Who are CROMSOURCE's investors?

CROMSOURCE has 2 investors. Key investors include ClinChoice, and European Union.

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