Fountain Medical Development

Shanghai, China Founded: 1995 • Age: 31 yrs Acquired By FMD K&L
Full-service CRO operations are conducted in China and East Asia.

About Fountain Medical Development

Fountain Medical Development is a company based in Shanghai (China) founded in 1995 was acquired by FMD K&L in September 2014.. Fountain Medical Development has raised $62 million across 1 funding round from investors including Goldman Sachs, Lilly Asia Ventures and FMD K&L. Fountain Medical Development operates in a competitive market with competitors including Celgene, Syneos Health, Medelis WCCT Global, Emmes and Parexel, among others.

  • Headquarter Shanghai, China
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $62 M (USD)

    in 1 rounds

  • Latest Funding Round
    $62 M (USD), Series D

    Oct 25, 2019

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    FMD K&L

    (Sep 01, 2014)

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Funding Insights of Fountain Medical Development

Fountain Medical Development has successfully raised a total of $62M through 1 strategic funding round. The most recent funding activity was a Series D round of $62 million completed in October 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series D — $62.0M
  • First Round

    (25 Oct 2019)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2019 Amount Series D - Fountain Medical Development Valuation Goldman Sachs
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 Fountain Medical Development

Fountain Medical Development has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, Lilly Asia Ventures and FMD K&L. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
Founded Year Domain Location
-
Founded Year Domain Location
-
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 Fountain Medical Development

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

Financial Statements - Fountain Medical Development

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

Fountain Medical Development Comparisons

Employees
+
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Competitors of Fountain Medical Development

Fountain Medical Development 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 Celgene, Syneos Health, Medelis WCCT Global, Emmes and Parexel, 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
Therapies for cancer and inflammatory diseases are developed.
domain founded_year HQ Location
CRO clinical development services are provided by Syneos Health.
domain founded_year HQ Location
Full-service CRO expertise in influenza and oncology research is offered.
domain founded_year HQ Location
Outsourced contract research organization services are provided to clients.
domain founded_year HQ Location
Full-service clinical research organization services are provided globally by Parexel.
domain founded_year HQ Location
Global full-service CRO services are delivered in over 80 countries.
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 Fountain Medical Development

Frequently Asked Questions about Fountain Medical Development

When was Fountain Medical Development founded?

Fountain Medical Development was founded in 1995 and raised its 1st funding round 24 years after it was founded.

Where is Fountain Medical Development located?

Fountain Medical Development is headquartered in Shanghai, China.

Who is the current CEO of Fountain Medical Development?

Ling Zhen is the current CEO of Fountain Medical Development.

Is Fountain Medical Development a funded company?

Fountain Medical Development is a funded company, having raised a total of $62M across 1 funding round to date. The company's 1st funding round was a Series D of $62M, raised on Oct 25, 2019.

What does Fountain Medical Development do?

Fountain Medical Development was founded in 1995 and is headquartered in Shanghai, China. As a contract research organization in the pharmaceutical sector, it manages clinical trials across East Asia. Services encompass consulting, project management, regulatory affairs, site management, clinical trial design, clinical operations, and central laboratory support. Operations focus on supporting drug development processes for international clients.

Who are the top competitors of Fountain Medical Development?

Fountain Medical Development's top competitors include Emmes, Syneos Health and ClinChoice.

Who are Fountain Medical Development's investors?

Fountain Medical Development has 3 investors. Key investors include Goldman Sachs, Lilly Asia Ventures, and FMD K&L.

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