Lexitas

Durham, United States Founded: 2011 • Age: 15 yrs Acquired By QHP Capital
Clinical trials and medical strategies for ophthalmology products are provided.
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About Lexitas

Lexitas is a company based in Durham (United States) founded in 2011 by Chad Ice and George Magrath was acquired by QHP Capital in July 2022. It operates as a Professional Services, and HealthTech. The company has 106 employees as of December 31, 2021. Lexitas offers products and services including Ophthalmology Clinical Research and Reading Center Services. Lexitas operates in a competitive market with competitors including EyeCRO, Experimentica, Humonix Biosciences, Optimal Tracers and Ophthy-DS, among others.

  • Headquarter Durham, United States
  • Employees 106 as on 31 Dec, 2021
  • Founders Chad Ice, George Magrath
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lexitas Pharma Services, Inc.
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    106

    as on Dec 31, 2021

  • Acquired by
    QHP Capital

    (Jul 07, 2022)

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Products & Services of Lexitas

Lexitas offers a comprehensive portfolio of products and services, including Ophthalmology Clinical Research and Reading Center Services. 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

Specialized clinical research services for ophthalmology are provided.

Support for clinical trials through imaging expertise is offered.

Funding Insights of Lexitas

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

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Investors in Lexitas

Lexitas has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include QHP Capital. 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
Investor Description Founded Year Domain Location
Capital is provided to build leading healthcare companies.
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 Lexitas

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 - Lexitas

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

Lexitas Comparisons

Employees
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Competitors of Lexitas

Lexitas 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 EyeCRO, Experimentica, Humonix Biosciences, Optimal Tracers and Ophthy-DS, 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
Provider of in vivo and in vitro models for ophthalmic research
domain founded_year HQ Location
Developing in vitro, ex vivo and in vivo preclinical ocular models
domain founded_year HQ Location
CRO focused on ophthalmic drugs development services
domain founded_year HQ Location
CRO focused on clinical research and tracer development services
domain founded_year HQ Location
Delivers comprehensive preclinical services to support drug development processes.
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 Lexitas

Frequently Asked Questions about Lexitas

When was Lexitas founded?

Lexitas was founded in 2011.

Where is Lexitas located?

Lexitas is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.

How many employees does Lexitas have?

As of Dec 31, 2021, the latest employee count at Lexitas is 106.

What does Lexitas do?

Lexitas is established as a clinical research organization with over 14 years of exclusive focus on ophthalmology. Services are provided across all ophthalmic subspecialties, ensuring tailored approaches and rigorous quality standards. End-to-end guidance is offered through every stage of clinical development. The team, comprising ophthalmologists, optometrists, and imaging experts, brings over 475 years of combined experience. Personalized services are designed to meet specific protocol and project needs. Operational success is prioritized for sponsors and clinical sites in the healthcare sector.

Who are the top competitors of Lexitas?

Lexitas's top competitors include Humonix Biosciences, EyeCRO and Optimal Tracers.

What products or services does Lexitas offer?

Lexitas offers Ophthalmology Clinical Research and Reading Center Services.

Who are Lexitas's investors?

Lexitas has 1 investor. Key investors include QHP Capital.

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